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Mozambique’s Cahora Bassa hydro plant gets €125 million financing from AfDB

Mozambique's Cahora Bassa hydro plant will get a €125 million financing from the African Development Bank Group (AfDB) to modernize its production system.

The credit will support the African country's hydroelectric “vital Capex program aimed at modernizing the company’s electricity production system”, according to an AfDB statement following the approval by its Board of Directors

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