AfDB supports African power investors.

Position:Briefs: Continental - African Development Bank, CEC Africa Investments Limited - Brief article
 
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The African Development Bank has invested $50m into the multinational CEC Africa Investments Limited (CECA).

The power company is headquartered in Nigeria and Zambia and is targeting a capitalisation of $500m within the next three to five years.

CECA has invested in two companies in Nigeria: Abuja Electricity Distribution Company and North South Power, which holds a 30-year concession on the 600MW...

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