Energy infrastructure to improve in Tanzania
17 December 2010
The energy infrastructure in Tanzania is to be boosted by a $135 million (£87 million) loan from the European Investment Bank (ECB).
It forms part of a wider project by the Tanzania Electric Supply Company to implement improvements to the national electricity grid.
Plutarchos Sakellaris, the bank's vice-president for Africa, noted the Tanzania Backbone Interconnector Project has to be endorsed.
"The EIB is committed to supporting energy infrastructure across Africa. [It] is a key infrastructure project that will reinforce electricity supply in Tanzania," he added.
And the specialist said that rural areas will have a greater level of stability in the future once it is complete.
The new 667-km high voltage transmission line will see energy created in the south of the nation moved to the north.
It comes after it was reported in Bloomberg that Lesotho is carrying out an $87 million programme that will see 30 megawatts of power to the country's national grid.