Development Bank of Southern Africa lends USD 71mn for Zambia road upgrades.

By bne IntelliNews May 18, 2011
The Development Bank of Southern Africa (DBSA) has extended USD 71mn to Zambia's National Road Fund Agency to finance the upgrade of five major roads in the country, the Times of Zambia newspaper reported. The released amount is part of the USD 262mn loan extended by the DBSA for works on five priority roads: Chipata-Lundazi, Kalulushi-Lufwanyama, Kabompo-Chavuma, Mumbwa-Landless Corner and Senanga-Sesheke, the newspaper said. Established in 1983 by the government of South Africa, the Development Bank of Southern Africa (DBSA) is an infrastructure development finance institution.
Notice: Undefined index: social in /var/www/html/application/views/scripts/index/article.phtml on line 259

Related Articles

South Africas Exxaro mulls firing striking coal miners.

South African company Exxaro Resources said one of the options it currently considers is dismissing striking coal mine workers who fail to return to work in the week of March 25, fin24 reported ... more

South Africas Telkom says there is no decision to lay off 13,000 employees.

South Africas telecommunication operator Telkom said that it has not made a decision on retrenching 13,000 employees, or more than half of its staff, TechCentral reported quoting a company ... more

BP, Masana Petroleum Solutions sell LPG business in South Africa.

Oryx Energies, a major independent provider of oil and gas products and services in Africa, has agreed to buy the South African liquefied petroleum gas (LPG) distribution businesses of BP and ... more