ENERGY
The Climate Investment Funds’ Clean Technology Fund (CTF) has approved a $29.65-million concessional loan to Kenya to cofinance up to two geothermal projects to increase the country’s power capacity, particularly drawing on untapped geothermal resources in the Rift Valley. The programme would be implemented with support from the African Development Bank (AfDB), with the geothermal projects to be structured as independent power producers (IPPs).
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