AfDB to Provide $20 Million for Mini-Grid Solar Projects in Congo

The project aims to serve as the pilot to a private-led electrification approach to deploy renewable-based mini-grid solutions in the country.

April 1, 2019

/ shaurya

/ Finance and M&A, Solar

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The African Development Bank board (AfDB) has announced the approval of a $20 million loan to the Democratic Republic of Congo (DRC). The funding will be used to support the development of renewable-energy mini-grid solutions in cities such as Isiro, Bumba and Genema, which are not connected to the country’s electricity grid.

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AfDB to Provide $20 Million for Mini-Grid Solar Projects in Congo

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