Brussels, 22/12/2010 (Agence Europe) - The European Investment Bank (EIB) has made three loans to Africa in the energy sector and in water infrastructure.
US$ 135 million will go to Tanesco (Tanzania Electricity Supply Company) for the electricity backbone project. The loan will be used to finance a new 667 km high voltage transmission line being built by Tanesco between Iringa and Shinyanga. The Tanzania Backbone Interconnector Project will improve electricity transmission from existing...