Liberia, Nov. 25 -- The Board of Directors of the African Development Fund, meeting today in Abidjan, has approved an additional loan of $7.41 million to complete implementation of the Renewable Energy for Electrification project in Liberia. The African Development Fund is the concessional lending window of the African Development Bank Group.The additional financing will be used to cover a cost overrun for construction of the hydropower plant and related infrastructure, as well as project management cost overruns related to implementation delays. The facility will also support under-financed activities, including implementation of the Gender Action Plan. These targeted uses will ensure achievement of the project's planned outputs, which are...