News
24 May 2019

Chexim agrees $1bn loan for Gurara II hydro project in Nigeria

In:
Renewables
Region:
Middle East & Africa

The Export-Import Bank of China (Chexim) is to lend $1 billion to Nigeria for the development of the Gurara II hydroelectric project in Kaduna State in the north of the country. The hydroelectric project will eventually produce 360MW. The Nigerian authorities have also decided to allocate N5.7...

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