VOL XXXI
NO. 6
16-NOVEMBER-1987
Financial and Banking News
AID FLOWS
ADB Lends Egypt $134mn
The African Development Bank (ADB) has agreed to lend Egypt $134mn topart-finance the Dumiat electric power station, according to an agreementsigned in early November. The loan is repayable in 20 years, including afive-year grace period, and carries an annual interest rate of 7%.
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