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Gambia: World Bank boosts power project
The World Bank on 29 June approved $43m of additional financing for Gambia’s Electricity Restoration and Modernisation Project, which aims to support the country’s economic and political transition after 22 years of autocratic rule under former president Yahya Jammeh.The original project received $41m of funding in May 2018. The bank said the additional financing, in the form of a grant from the International Development Association, aims to scale up activities under the project, address a funding gap of $5m and finance new activities.
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