Zambia/Zimbabwe: Financing approved for Kariba dam repairs


Issue 291 - 18 Dec 2014 | 1 minute read

Financing totalling $135.6m has been approved for the rehabilitation of the Kariba storage hydropower scheme on the Zambezi River between Zambia and Zimbabwe. The World Bank announced on 9 December that it had agreed to provide a $75m International Development Association credit to the Zambezi River Authority (ZRA), with a $25m grant to be provided by the government of Sweden to Zambia.

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