The Programme for Infrastructure Development in Africa (Pida) plans to float a diaspora bond in Zimbabwe and Zambia to raise part of the funding required for the construction of the 2,400MW Batoka Gorge hydroelectric power plant in the Zambezi River Basin. The Zambezi River Authority (ZRA) will visit Ethiopia in March to study and replicate how the country has used the bonds to fund the construction of its 6,000MW Grand Renaissance Dam. ZRA is a statutory company jointly owned by Zimbabwe and Zambia.