African Development Bank (AfDB) will continue financing the Geothermal Development Company (GDC’s) quest towards affordable clean energy, the bank’s Executive Director for Eastern Africa Region Dr Calleb Nyamajeje has said.
Dr Nyamajeje, who is in the country to review the Menengai Geothermal Project, congratulated GDC for its efforts towards renewable energy and on cutting the cost of electricity. He lauded GDC for coming up with a model that ropes in Independent Power Producers (IPPs) towards geothermal development in the country.