Offers for Zambia project

Loans worth a total of US$243 million will help pay for the rebuilding of the Chinsali-Nakonde road in Zambia. The loans are being provided by the African Development Bank (AfDB) based in Ivory Coast and Africa Growing Together Fund. The AfDB is offering a loan of $193 million for the project while the Africa Growing Together Fund is offering $50 million. The Chinsali-Nakonde road is of key importance for trade as it connects Tanzania and Zambia.