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African Development Bank (AfDB) loans Kenya Power Sh15b to boost connections

Kenya Power has received Sh15 billion from the African Development Bank (AfDB) to boost connection of more Kenyans to the national grid.

The funding is expected to enable the national power distributor to connect 314,000 households before June next year. It is the third instalment of borrowed funds worth Sh43.5 billion that the utility firm is spending in enhancing access to electricity and to ensure achievement of universal access to electricity by 2020.

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