Press Release - The funding from the African Development Fund and Korea's Economic Development Cooperation Fund will contribute to improving the power grid in eastern Ethiopia, benefiting communities of small farmers, livestock farmers, manufacturers and students
The funding from the African Development Fund and Korea's Economic Development Cooperation Fund will contribute to improving the power grid in eastern Ethiopia, benefiting communities of small farmers, livestock farmers, manufacturers and students
The financing includes a $52 million grant from the African Development Fund, the Bank Group's concessional lending arm and a $52 million soft loan drawn from Korea's Economic Development Cooperation Fund under the Korea - Africa Energy Investment Framework Agreement.
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