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World Bank Photo Collection Areal view, Nigeria. Photo: World Bank
  • Clean Technology Fund (CTF)
  • Clean Technology
  • Renewable Energy Integration
Project id: PCTFNG217A

Line of Credit for Renewable Energy and Energy Efficiency Projects

PROJECT SNAPSHOT

GENERAL INFORMATION

TitleLine of Credit for Renewable Energy and Energy Efficiency Projects
Project id
PCTFNG217A
Country
Nigeria
RegionSub-Saharan Africa
Program
Clean Technology Fund (CTF)
Status
MDB Board Approval

FINANCING

Approved Amount (USD MILLION)
25.00
FINANCIAL PRODUCT (USD MILLION)
Non-Grant : 1.25
CIF Funding
1.25
Co financing
75
Committee approval date
04/11/2014
MDB approval date
05/28/2014
MDB / IMPLEMENTING PARTIES
African Development Bank
SECTOR TYPE
Private Sector

DOCUMENTS

Document Links
  • Decision Document
More Information

Germany (April 1, 2014)
United Kingdom (April 3, 2014)
United States (April 3, 2014)
Canada (April 4, 2014)
Canada (April 8, 2014)
Germany (April 10, 2014) 
United Kingdom (April 11, 2014) 
AfDB Response to UK, Germany, US & Canada (April 4, 2014)

PROJECT FINANCING

APPROVED CIF FUNDING
$1.25M
EXPECTED CO-FUNDING
$75M
SOURCES OF CO-FINANCING
CO-FINANCING RATIO
MDB
28% (75M)
Private Sector
72% (196M)

Data as of December 31, 2021

For latest MDB and Government Focal point, please contact CIF Admin Unit @ cifadminunit@worldbank.org

THIS PROJECT CONTRIBUTES TO THE FOLLOWING SUSTAINABLE DEVELOPMENT GOALS (SDGS):

No Poverty
 Affordable and Clean Energy
Climate action

IMPLEMENTING PARTNERS

African Development Bank

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News
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