Eastern Africa
Financial Close Pushed To 2025 For Volobe Hydro Scheme
DFC signs US$2 million in technical support for the 120MW project.
The anticipated date for closing the financing on Madagascar’s 120MW Volobe hydropower project has been pushed back from September 2024 to 2025.The news was announced by Minister of Economy and Finance Rindra Hasimbelo Rabarinirinarison on 19 September in Madagascar, during the general assembly of shareholders of infrastructure investment platform Africa50.Africa50
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