A new hydroelectric project for Gabon with a capacity of 34 MW

Energia-africa juillet 12, 2021
Updated 2021/07/12 at 11:41 AM

The Board of Directors of the African Development Bank approved, Wednesday in Abidjan, the granting of a loan of 39 million euros for the implementation of the first independent producer of hydroelectric power project in Gabon.

The project involves the design, construction and operation of a hydroelectric power plant with a capacity of 34.1 megawatts (MW) and a net annual gross generation of 203 gigawatt hours. The Kinguélé downstream dam will be built on the Mbei River, 90 km east of Libreville, downstream from the Tchimbélé (69 MW) and upstream Kinguélé (58 MW) hydroelectric power stations.

This is a loan of € 20 million from the African Development Bank, € 10 million from the Africa Growing Together Fund (AGTF) ​​and concessional financing of € nine million from the Fund for Sustainable Energy in Africa (SEFA), a special multi-donor fund managed by the African Development Bank.

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