Guinea: AfDB Grants US$ 3 Million for Green Energy and Honey Sectors

The African Development Bank (AfDB) Group has approved the financing of three new projects in Guinea, notably in the areas of green energy and support to the competitiveness of the honey value chain, it was learnt on Thursday, 11 June. With regard to the renewable energy component, the development programme for mini-green networks in Guinea will in particular support the Guinean Rural Electrification Agency (AGER) in the implementation of 57 mini-green network projects in the country. As for support for the Guinean honey sector, the project to support the competitiveness of this value chain aims to increase the incomes of its actors, particularly women. A total of nearly US$ 3.2 million in new financing will be provided, bringing the total amount of AfDB-financed projects in the country to US$ 556 million.