- China pledges $2.5 billion to develop two hydroelectric power plants, aiming to alleviate Gabon’s ongoing energy crisis
- The investment marks a significant step in bolstering Gabon’s energy infrastructure after years of stalled projects
Libreville, Gabon – China has committed to invest $2.5 billion in Gabon’s power sector, focusing on two major hydroelectric projects intended to address the central African nation’s energy shortfalls. The investment, announced following the Summit of the Forum on China-Africa Cooperation in Beijing, includes the development of the FE2 hydroelectric project and the construction of a 600 MW power plant with transmission lines in Booué, a southern city in Gabon.
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