The historic loan agreement for Zimbabwe
October 6th, 2011The three-way historic loan agreement with the Ministry of Transport, Communications, Infrastructural Development and the Ministry of Finance in Zimbabwe and the Zimbabwe National Roads Administration (ZINARA) has recently signed by the Development Bank of Southern Africa (DBSA). The development loan is earmarked for the rehabilitation of a major road artery spanning from Plumtree through Harare, to Mutare. The loan is the first tranche of US$54 million which has already been released.
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