The African Development Fund grants Guinea nearly $26 million in additional funding to develop an electricity interconnection with Mali
Guinea, Dec. 11 -- The Board of Directors of the African Development Fund approved additional financing of $25.79 million for Guinea for the 225 kV Guinea-Mali electricity interconnection project.The financing, agreed in Abidjan on 10 December 2025, from the African Development Bank Group's concessional window includes a loan of approximately $22 million and a grant of $3.79 million to Guinea.The project will contribute to the socioeconomic development of Guinea and Mali by providing inhabitants with better access to high-quality, low-cost energy.The additional financing will support the continued implementation of the project, initially funded with approximately $41 million from the African Development Fund in December 2017. It will raise ...
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