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Sida aims for SEK 600m guarantee for sugar and ethanol project

News March 26, 2014

Sida has given bridge financing in the form of a SEK 120 million guarantee for the EcoEnergy sugar and ethanol project in Tanzania. If the African Development Bank gives a green light for the main project, Sida is prepared to extend its guarantee to over half a million crowns.

sugar_cropped.jpg

Photo: South Africa Sugar Association

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