Source - SMW
Ncondezi Energy said Africa Finance Corporation (AFC) has joined the existing $1.32m loan facility announced in May and committed an additional $3.0m to the to the Shareholder Loan facility in two tranches.

The additional funding will be used to fund ongoing project development costs including those that will not be covered by the Joint Development Agreement (JDA) with Shanghai Electric Power Co., Ltd (SEP).

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Ncondezi Energy Limited (NCCL)

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