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Vol 3 (AAC) No 1

Published 1st November 2009

An electric strategy

India is launching its own mini-offensive in the electricity sector, following Chinese-style financing and contracting practices. On 29 October, New Delhi announced a new US$263 million credit line to finance two new hydroelectric dams and an urban railway in Kinshasa. Congolese Foreign Minister Alexis Thambwe Mwamba made the announcement in late October while he was leading a business delegation through the Indian capital.

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