Taqa Arabia invests in $140m Yemen power project

[Kristy]

The energy distribution subsidiary of Citadel Capital, Taqa Arabia has said it will set up a $140m 70-megawatt project with international partners in Yemen, as part of an expansion strategy in the Middle East and Africa, Reuters has reported. The Cairo-based energy firm said it is also looking into investing in three power generating projects in Kenya, Uganda and Ethiopia to be financed by the World Bank and the African Development Bank.

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