$249m power boost for Ethiopia
22/12/2006 10:43  - (SA)  

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Tunis - The African Development Bank made a loan and grant to Ethiopia worth a combined $249.5m to fund power projects and health, education and water services, the bank said on Thursday.

"The $131.5m loan will help in financing the rural electrification project which aims to extend the national electricity grid," a bank statement said.

The bank also awarded a $118m grant to finance what it called protection of basic services such as sanitation, primary health care, education, water and support for farming.

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