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Exim Bank Of India Grants $30 Million For Service, Power Financing In Togo

Exim Bank Of India Grants $30 Million For Service, Power Financing In Togo

From The Economic Times

Export-Import Bank of India will provide a line of credit of $30 million to the West African nation Togo for financing goods and services towards a rural electrification project.

“Export-Import Bank of India ( Exim Bank) has entered into an Agreement with Togo for making available to the latter, a Line of Credit (LOC) of $30 million for financing eligible goods, machinery, equipment and services including consultancy services from India,” the Reserve Bank said today.

RBI said the financing of rural electrification project will cover 150 localities in Togo.

Read more at The Economic Times