The Mauritius Commercial Bank Ltd (MCB) provides USD 60m funding to fuel Senegal’s national electrification and LNG-use ambitions
The project finance facility is enabling Karpowership to operate its 235 MW Powership alongside the shores of Dakar since August 2019 MCB (www.MCB.mu) is facilitating Senegal’s endeavour to improve its national electrification rate through its USD 60 million participation in the syndicated project finance facility of USD 140 million to Karpowership. MCB was not only a co-mandated lead arranger but provided the highest loan commitment. The project finance facility is enabling Karpowership to operate its 235 MW Powership alongside the shores of […]
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