The government of Kenya and the African Development Bank have signed agreements for financial aid for a rift valley geothermal steam field project .
Kenya’s finance minister, Njeru Githae, and the African Development Bank (AfDB) regional director for East Africa, Gabriel Negatu, signed the agreements on March 12.
The geothermal project will receive a $124.5-million African Development Fund loan plus a loan and grant totalling $25 million in Climate Investment Funds.
The project will give a boost to the delayed development of the steam field at Menengai, 180 km west of Nairobi. The field is projected to generate up to 400 MW, which equals 20% of Kenya’s installed capacity.
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