Archives Tag: ADF

ECONOMY Energy News

AfDB Approves $187 Million to Stimulate Private Investment in the Nigerian Power Sector

April 19, 2022

The Board of Directors of the African Development Bank Group (AfDB) approved an African Development Fund (ADF) Partial Risk Guarantee (PRG) program of US $184.2 million , and an ADF loan of US $3.1 million, for capacity building, to support the Nigerian power sector privatization program. The PRG program in Nigeria aims to increase the country’s … Continue reading AfDB Approves $187 Million to Stimulate Private Investment in the Nigerian Power Sector

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