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Photographer: George Osodi/Bloomberg

Nigeria has secured a $1.5 billion loan from the Export-Import Bank of the US for the development of solar power infrastructure in the country, ThisDay newspaper reported. 
The 20-year facility will be at a concessional rate and the assets will be held by state-owned Niger Delta Power Holding Co., the Lagos-based newspaper said, citing Adam Cortese, chief executive officer of SUN Africa LLC, a US-based renewable energy company. Cortese spoke at a media briefing after meeting with Nigeria’s President Muhammadu Buhari in Abuja, the capital. 

source

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