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Eastern Africa

AfDB Approves Loan for Rwanda’s Last Mile Connectivity Project

US$180 million granted to improve electricity access in Rwanda.

July 7, 2022

By Chriselle Moraes
The Board of Directors of the African Development Bank (AfDB) approved two loans for US$180 million. The bank’s sovereign window set aside US$140 million, while US$40 million came from co-financing from the Africa Growing Together Fund (AGTF) along with ADF resources. This grant approval comes on the heels of a similar

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