The US government via the US Agency for International Development (USAID) in partnership with the Kazakh Ministry of Energy has launched a five-year and $39mn regional energy programme titled “USAID Power Central Asia”, the US Embassy in Kazakhstan said in a statement.
The programme will assist Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan in meeting their national energy priorities, improving energy security through greater regional connectivity and reaping economic benefits from cross-border energy trading.
“Through this activity, USAID is providing technical services to the region’s national governments, utilities, and other stakeholders, including international institutions and development organizations, system operators, local and international investors, and energy companies,” the statement said. “USAID is supporting national and regional energy market reforms, strengthening the regional electricity market, and promoting greater adoption of clean energy technologies from conventional and renewable sources.”
Related Articles
Fintech Freedom Holding aims to make France key entry point into EU with €500mn investment
A French banking licence would open the way to a new phase in the international expansion of Nasdaq-listed fintech group Freedom Holding Corp. That’s the expectation of Freedom, a company ... more
Net income at Freedom Holding Corp more than doubles in fiscal 2026
Freedom Holding Corp (Nasdaq: FRHC) slightly more than doubled its net income to $153.3mn in its fiscal year to March 31 from from $76.2mn in the previous fiscal 12 months, the international ... more
Eurasian Development Bank redeems €286mn Eurobond
The Eurasian Development Bank (EDB) said on March 26 it had fully redeemed a five-year Eurobond, meeting all obligations to investors at maturity. The bank paid a total of €286mn, covering both ... more