The French Development Agency (AFD) has signed a direct financing agreement with Kenyan energy company KenGen to part-fund the 80MW Meru wind farm in the African country.
AFD is providing a soft loan of €60m for the project.
The same amount is being provided by German state-owned financial institution KfW.
The agreement was signed in the Kenyan Treasury building by AFD chief executive Rioux Remy and KenGen managing director Rebecca Miano.
Image: Pixabay
French fill Kenya wind coffers
By EBS