Tuesday, 02 January 2024 12:17 GMT

African Development Fund borrows USD15.3 m for gas projects


(MENAFN) The African Development Fund will borrow USD15.3 million from a giant African bank to provide Mozambique with technical assistance, according to Qatar News Agency. The loan is aimed to help Mozambique create the needed skills for gas and power projects. The supporting bank said that additional USD0.77 million of the full project cost of US USD16.04 million will be supplied by the government.


MENAFN

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