- African Development Bank Approves $ 104 Million in Funding to Improve Power Supply in Eastern Ethiopia

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- African Development Bank Approves $ 104 Million in Funding to Improve Power Supply in Eastern Ethiopia
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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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