Zambia, Zimbabwe Pick AfDB Advisers for $4 Billion Hydro Dam

Updated on
  • Financial mobilization for 2,400-megawatt dam begins in 2018
  • Officials visited China, France, South Africa to sell project

Zambia and Zimbabwe have appointed the African Development Bank as lead financial advisers for the construction of the 2,400-megawatt Batoka Gorge hydro-power project that’s expected to cost $4 billion, an official said.

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