Finance

ADB APPROVES 40 MILLION USD LOAN FOR ETHIOPIAN

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ADB APPROVES 40 MILLION USD LOAN FOR ETHIOPIAN

The Board of Directors of the African Development Bank (AfDB) approved on Wednesday, 23 March 2011 in Tunis, a U.S.$ 40-million second lien corporate loan to Ethiopian Airlines to support the purchase of five Boeing 777-200LR passenger jets. Two years ago Ethiopian placed firm orders for five B777-2...

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