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Image header Agence Europe
Europe Daily Bulletin No. 10688
Contents Publication in full By article 27 / 34
EXTERNAL ACTION / (ae) cameroon

EIB loan for new hydroelectric power plant

Brussels, 13/09/2012 (Agence Europe) - On Friday 7 September, the European Investment Bank (EIB) formally agreed to provide €30 million to Electricity Development Corporation for the new Lom Pangar hydroelectric generation facility in Cameroon. The EIB's funding will support construction of a new 46m high regulating dam, a hydroelectric power plant at the foot of the dam and a transmission line between the power plant and the Eastern Network. The project also includes a rural...

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BUSINESS NEWS NO 31