VOL. XLV
No 1
7-January-2002
LIBYA
AFESD Lends $81Mn To Libyan PowerSector
The Arab Fund For Economic andSocial Development (AFESD) announced on 2 January that it had signed a loanagreement worth KD25mn ($81mn) to be used to finance increased capacity at thepower station located north of Benghazi in Libya. According to a statement fromAFESD, the plant will be transferred into a combined cycle gas station, whichwill increase its annual generation capacity to 300mw. The loan carries anannual...
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