Zambia: AfDB raises funds to avert Kariba dam collapse
- 08 Aug 2014
The African Development Bank (AfDB) plans to raise a $250m cocktail financing package to fund major rehabilitation work on structural weaknesses in the Kariba dam. Since 2012, there has been growing concern over the possible collapse of the structure on the Zambezi River between Zambia and Zimbabwe.According to a preliminary assessment by the Zambezi River Authority (ZRA), about $250m is needed for emergency work to correct the structural weaknesses seen in the dam wall, whose collapse would threaten close to 4m people downstream in Zambia, Mozambique and Malawi.
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