Skip to main content

Zambia’s road development funding from World Bank

A finance package from the World Bank of US$600 million will help pay for a series of development projects in Zambia. The three year development programme will help boost Zambia’s transport network and the funding has been made available via the World Bank's International Development Association. This package includes the $200 million budget for rural road development, intended to connect Zambia’s most remote areas to the transport network.
May 26, 2017 Read time: 1 min

A finance package from the 2332 World Bank of US$600 million will help pay for a series of development projects in Zambia. The three year development programme will help boost Zambia’s transport network and the funding has been made available via the World Bank's International Development Association. This package includes the $200 million budget for rural road development, intended to connect Zambia’s most remote areas to the transport network.

For more information on companies in this article

Related Content

  • Uzbekistan road rebuild receives majority WB funding
    January 31, 2017
    Uzbekistan is introducing a new road development programme. The majority of the necessary funding for the work is being provided by the World Bank (WB). The financing for the projects is being delivered in the shape of a series of loans worth a total of US$200 million, although the specific terms of deal have not so far been released. In all 394km of roads are being rebuilt under the programme, which is intended to boost transport in the country. Some $240 million is required in all to pay for Uzbekistan’s
  • A new bridge will link Zambia and Botswana
    July 18, 2012
    A new bridge will improve cross border connections between Zambia and Botswana. The Kazungula Bridge will be constructed by Zambia, which will also build a new border post. Construction work is expected to commence once discussions between Zambia and Botswana have been completed. The Japanese Government is also involved in the discussions, as it is jointly funding the project in partnership with the African Development Bank (AfDB). Construction of the bridge is expected to cost in the region of US$200 milli
  • World Bank to reduce its Ukraine financing
    April 24, 2012
    The World Bank is reducing its financing projects in Ukraine until 2016. The new cooperation strategy between the bank and the country's government follows a drop in financing through slow spending loans extended by the bank to the country in recent years. The bank will provide US$150million for the Second Project for Exports Development in 2012. And Ukraine can also receive $1billion in 2013-2014. However, both financing packages will depend on development of economic reforms in the country during the foll
  • Funding for Cameroon road upgrade
    July 10, 2023
    Funding has been secured for a Cameroon road upgrade.