Kenyan Banks Get $40.4 Million for RE Projects

The French Development Agency (AFD) will grant two Kenyan banks $40.4 million for loans for renewable energy projects.

Business Daily Africa reported that CFC Stanbic and Cooperative Bank of Kenya will provide loans to support investments for small-scale hydropower, wind, biomass, cogeneration, solar energy, and other energy efficiency projects in the East African country.

Alternative Energy Africa is trying to reduce its own carbon footprint in 2011. Ask about our electronic subscriptions and online marketing campaigns specially tailored for individual companies.