TUNIS, Oct 29 (Reuters) - The African Development Bank (AfDB) has lent Botswana $225 million to finance an energy project in the country, the bank said on Thursday.
"Botswana will receive $225 million to finance the Morupule B Power Project, which involves the construction of a 600 MW coal-fired power plant and associated transmission infrastructure," the Tunis-based AfDB said.
Botswana relies on imported electricity to meet the bulk of its needs. In 2008, 80 percent of the electricity supplied in the country was imported from South Africa and other neighbouring countries.
Meanwhile the African Development Fund, which is the AfDB's window for soft loans, granted Nigeria a loan of $157 million to finance economic and power sector reforms. (Reporting by Tarek Amara; Editing by Ruth Pitchford)
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