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Eastern Africa

BII Provides US$15 Million For Tanzania Renewables

Funding to support development of 7.6MW of renewables capacity.

June 21, 2024

By Liz Bains
The UK’s development finance institution, British International Investment (BII) has agreed to provide US$15 million to Rift Valley Energy (RVE) to support the development of renewable energy projects in Tanzania.The financing will enable the construction of 7.6MW of wind and hydropower capacity in low-income areas in rural Tanzania, providing electricity

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