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By John Oyuke
African Development Bank (AfDB) has approved Sh30 billion ($348 million) for Ethiopia and Kenya to finance a cross-border power line, the first phase of a $1.3 billion project to develop a regional power grid in East Africa.
The financing approved by the Board of the African Development Fund, the concessional window of the regional multilateral development bank, will fund construction of transmission line and related infrastructure between the two countries.
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