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AfDB approves $145m loan for Kenya-Tanzania power line

Published on February 20, 2015

The African Development Bank (AfDB) has approved a $145 million loan to fund the building of an electricity line between Kenya and Tanzania to improve regional power connections, it said. East Africa has some of the fastest growing economies on the continent but electricity shortages deter investment, pushing up business costs and sustaining poverty and inequality. Read more. Source|The East African