As part of its intervention programme, the President, African Development Bank Group Akinwunmi Adesina has declared that the Bank has supported Eritrea with the sum of $49.92million in the critical areas of energy, water and sanitation, agriculture, skills and capacity development, as well as economic and financial governance.
In a statement signed by the AfDB boss, he said the Bank and Eritrean government is on the path to strengthen partnership to support the country’s growth, to also place it on a more sustainable development path in the coming years.
In April, the Bank’s board of directors approved a US$49.92 million financing grant for the construction of a 30-megawatt solar photovoltaic power plant in Dekemhare. This is the Bank’s largest investment in the country.
