AfDB Extends €12.46 Million for Expansion of Renewables in an African Island

The funds will go towards the Energy Transition and Institutional Support Program

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The African Development Bank (AfDB) announced that it would donate €12.46 million (~₹1.05 billion) to finance the Energy Transition and Institutional Support Program (ETISP) in the Democratic Republic of São Tomé and Príncipe, an African Island near the equator.

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