The South Korean government has announced that it will loan Ghana $67m in aid to expand its power grid.

The South Korean Ministry of Strategy and Finance said in a statement: “The loan will be used to build a 185 km power transmission line linking substations between two cities in Ghana.” This is expected to help boost Ghana’s ability to export electricity to neighbouring countries by 2020.

According to the Korea Joong Ang Daily, the loan facility is “the biggest loan that South Korea has extended to an African nation through a state-run fund for assisting underdeveloped countries.

“In addition, the South Korean government plans to support Ghana by constructing a smart grid direct load control system. This Korean-developed technology is a utility for controlling electricity use in an environmentally friendly way.”

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