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AfDB selected as lead financial adviser for US$4 billion Batoka Gorge hydropower project in Africa.

Zambia and Zimbabwe have appointed the African Development Bank (AfDB) as lead financial adviser for the construction of the 2,400-MW Batoka Gorge hydropower project, according to Zambezi River Authority (ZRA) Chief Executive Officer, Munyaradzi Munodawafa. The project is estimated to cost US$4 billion and once construction begins it is expected to take 10 to 13 […]

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