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    Home > Chemicals Industry > International Chemical > The World Bank approves $180 million to improve Kenya's energy security

    The World Bank approves $180 million to improve Kenya's energy security

    • Last Update: 2022-12-27
    • Source: Internet
    • Author: User
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    The World Bank has approved $180 million worth of financing to improve Kenya's energy security
    .

    The World Bank approves $180 million to improve Kenya's energy security

    The loan will be used to help strengthen the financial position
    of the state-owned Kenya Power Generation Company.

    The Kenya Power Generation Corporation manages 70% of Kenya's 1631 MW of power generation capacity and is one of
    the largest power generation companies in East Africa.

    The World Bank loan will support the Kenya Power Generation Corporation to raise a total of up to $300 million to refinance
    existing loans.


    The World Bank has approved $180 million worth of financing to improve Kenya's energy security
    .

    Energy security

    The World Bank approves $180 million to improve Kenya's energy security

    The World Bank approves $180 million to improve Kenya's energy security

    The loan will be used to help strengthen the financial position
    of the state-owned Kenya Power Generation Company.

    The Kenya Power Generation Corporation manages 70% of Kenya's 1631 MW of power generation capacity and is one of
    the largest power generation companies in East Africa.

    The World Bank loan will support the Kenya Power Generation Corporation to raise a total of up to $300 million to refinance
    existing loans.

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