The African Development Bank Group (AfDB) and the Government of Tanzania have signed loan agreements totaling $140 million to finance the construction of the 50-megawatt Malagarasi hydropower plant in Western Tanzania. The agreements cover a $120 million sovereign loan from the Bank and $20 million from the Africa Growing Together Fund (AGTF), administered by the … Continue reading AfDB approves $140 Million Loan to Boost Power Generation in Tanzania