IFC LAUNCHES MINI-GRID PROGRAM TO INCREASE ENERGY ACCESS IN TANZANIA
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IFC, a member of the World Bank Group, this week launched a $5 million program to increase access to energy in Tanzania by developing a market for mini-grids. The initiative aims to bring affordable, off-grid renewable energy to households and businesses in rural Tanzania.
IFC will work with project developers in Tanzania to promote commercially viable mini-grid business models, and will advise banks and financial institutions on how to extend long term finance to mini-grid...
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