DRC's Hydroelectric Project Gets AfDB Backing

The African Development Bank has pledged USD15.53 million to finance a hydroelectric project in the Democratic Republic of Congo. The memorandum of agreement signed by the bank and the Central African country allocates funds to the proposed Inga hydroelectric power plant, dubbed as one of the world’s greatest hydroelectric power projects. (“AfDB grants USD15.53 mln to DRC for hydroelectric project” - Xinhua News Agency, July 18, 2008)

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