Sierra Leone will soon benefit from the construction and operation of a 50 MW power plant.

The Board of Directors of the African Development Bank (AfDB), on 17 December, 2015 in Abidjan, approved a senior loan of up to USD 20 million to fund up the construction and operation of a 50MW Heavy Fuel Oil (HFO), interconnection facilities and a fuel pipeline in Kissy, four kilometers east of Freetown, Sierra Leone.

The Board of Directors of the African Development Bank (AfDB), through its private sector window, approved a senior corporate loan equivalent to USD 375 million in ZAR-equivalent and a corresponding A/B syndicated loan for up to USD 750 million to support the Capacity Expansion Program (CEP) of Eskom Holdings SOC Ltd of South Africa. Eskom is South Africa’s state-owned power utility and the country’s primary electricity supplier with over 90 years of operational experience.

The Board of Directors of the African Development Bank Group (AfDB), on December 17, 2015 in Abidjan, approved EUR 24 million to fund the expansion of Kribi Power Plant, an existing natural gas plant in Cameroon, operating since May 2013. The expansion of Kribi (Kribi II) consists of the development, design, construction, operation and maintenance of a 125 MW gas-fired power plant extension. Upon completion, Kribi Power Plant’s aggregate capacity will be 340 MW.

The Board of Directors of the African Development Bank (AfDB) through its private sector window approved a USD 20 million loan to the Kigali Bulk Water Supply Project in Rwanda.

The project involves the design, building, operating and maintainance for 27 years a 40,000m³/day bulk water production facility comprising a water treatment plant, well field with existing and new wells, three storage reservoirs, three pumping stations and water pipelines (in total approx. 14km) located at Kanzenze, Kigali, Rwanda to be implemented on Public Private Partnership (PPP) basis.

The Board of Directors of the African Development Bank (AfDB), through its private sector window, has approved a Senior Loan equivalent to USD 300 million to support the construction of a 912 Km of railway (of which 230 Km are greenfield) and associated port infrastructure from Tete Province in Mozambique to the Mozambican port of Nacala e-Velha running through landlocked Malawi (“the Project”), along the Nacala Corridor. The Project sponsors are Vale SA of Brazil and Mitsui of Japan.