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Western Africa

Deutsche Bank Funds Senegal Streetlighting Project

US$252.4 million loan to finance 100,000 streetlamps.


By Sneha Abraham
Germany’s Deutsche Bank has arranged a €227 million (US$252.4 million) loan for the government of Senegal to finance the supply, installation and maintenance of 100,000 autonomous solar-powered streetlights.The transaction finances a contract signed between Senegal’s National Agency for Renewable Energies (ANER) and Spain's Salvi Lighting Barcelona.The 100,000 streetlights manufactured by

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