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AfDB approves $348 mln to fund Ethiopia-Kenya power line

September 20, 2012 Comments Off on AfDB approves $348 mln to fund Ethiopia-Kenya power line

September 20, 2012, 10:44 am

NAIROBI (Reuters) – The African Development Bank has approved a $348 million loan for Ethiopia and Kenya to finance a cross-border power line, the second phase of a $1.26 billion project to help improve power supply.
Ethiopia is poised to generate revenue exporti…

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