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Development Bank of Ethiopia Offers $20m To Fund Renewable Energy Projects

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AFRICANGLOBE - The Development Bank of Ethiopia will offer up to $20 million to private companies in efforts to accelerate development of renewable energy and energy efficient products. The funds will be drawn from money granted to the country by the World Bank in May of last year, with a total of $ 40 million having been allotted to renewable energy development projects initiated in the private sector according to reports in local media.
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