The Board of Directors of the African Development Bank have approved a US$120 million loan to fund the construction of a 50 MW hydropower plant in Western Tanzania that will provide reliable renewable energy to households, schools, clinics and small and medium-sized enterprises in the Kigoma Region.
The project’s overall project cost is estimated at US$144.14 million. The bulk of the funding (US$120 million) will be sourced from the Bank Group’s sovereign window, with an additional $20 million contributed by the Africa Growing Together Fund – a co-financing fund with resources from the government of the People’s Republic of China that is administered by the Bank. The Government of Tanzania will provide the remaining US$4.14 million.
The hydropower plant’s expected average annual output of 181 GWh will meet the electricity needs of as many as 133,649 Kigoma households, bringing the region’s electrification rate more closely in line with the rest of the country.
The Malagarasi Project will also directly contribute to the Bank’s Light Up & Power Africa High-5 development priority, which is being implemented through the institution’s New Deal on Energy for Africa strategy.
Country updates
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May 14, 2019
World Bank launches tender for technical consultancy services for solar PPP project in Zanzibar
The World Bank has launched a tender for interested firms to deliver techno-economic analysis for the electricity grid of the Revolutionary Government of Zanzibar in Tanzania in the context of Public-...
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March 04, 2019
Tanzania, Malawi to build 180 MW Songwe hydropower project
The Government of Tanzania and the Government of Malawi through the Joint Songwe River Basin Commission plans to develop the 180 MW Songwe Dam and Hydropower project in Songwe River loc...
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June 12, 2018
Windlab Ltd has been awarded with the Environmental and Social Impact Assessment (ESIA) Certificate from the Tanzanian Government for the construction of the project
Windlab Ltd has been awarded with the Environmental and Social Impact Assessment (ESIA) Certificate from the Tanzanian Government for the construction of the project. ESIA is the formal and comprehensive assessment of the environmental and social consequences of a project prior to construction
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April 16, 2018
The Government of Tanzania has launched its bid for consultants for the two-year commercial, legal, and technical framework advisory mandate and advising for the construction of LNG terminal project
The Government of Tanzania has launched its bid for consultants for the two-year commercial, legal, and technical framework advisory mandate and advising for the construction of LNG terminal project. The duration of the implementation of the assignment is two (2) years
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July 19, 2017
The Climate Investment Funds (CIF) will provide funds in loans and grants for the project
