October 8, 2008 Wednesday
Economy, Business and Finance;
U.S.$ 33 Million Approved for Ethiopia-Djibouti Power Interconnections Project
BYLINE: African Development Bank
LENGTH: 432 words
Prospects for the completion of the Ethiopia-Djibouti power interconnection became a reality on Wednesday in Tunis, where the Board of Directors of the African Development Fund, the concessionary window of the AfDB Group, approved a combined loan and grant of 20.92 million Units of Account*, equivalent to US$ 32.57 million, to fund the Project.