Tuesday, January 28, 2020

SEKAB eyes massive aid-funded equity for 20 biofuel projects in Africa

The Swedish biofuel company SEKAB wants a Sida loan guarantee for its operations in Tanzania. An initial figure of USD 20-25 million (about SEK 200 million) is indicated.

SEKAB also wants aid-financed investment funds to provide almost half the equity for its investments over the next 20 years - in the order of EUR 1 billion.

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