Banks mandated for Gabonese hydro project

In:

Power, Renewables

Region:

Middle East & Africa

The industrial group Eranove and the Gabonese Fund for Strategic Investments (FGIS) have signed mandates with two financial institutions to raise $300 million for the construction of the Ngoulmendjim dam and a 82MW hydroelectric power plant. The African Development Bank (AfDB) and Standard Chartered...

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