Abu Dhabi, IRENA support clean energy in Africa
Mauritius and Rwanda are the latest countries to benefit from the UAE’s initiatives to bring affordable energy to developing nations.
They are to get nearly AED 92 million (USD 25 million) in loans for implementing solar projects that have the potential to improve the lives of over 2.5 million people.
The money is being provided by the Abu Dhabi Fund for Development (ADFD) and the International Renewable Energy Agency (IRENA).
The assistance is part of the IRENA/ADFD Project Facility established in 2013 to assist developing countries in accessing low-cost capital for renewable energy schemes.
In Mauritius, the loan of USD 10 million will help the Central Electricity Board install solar PV systems on the rooftops of 10,000 households, while in Rwanda, USD 15 million will finance the installation of 500,000 off-grid solar PV home systems across the country.