Zimbabwe: Kariba Extension Project to Fund Itself

11 September 2014

The Kariba South extension project has the capacity to service its own loan and such a model will be used on future energy projects, an official has said.

The implementation of the Kariba South extension project is expected to cost a total of $533 million, $320 million of which is an extended loan from the Chinese government, while the balance is being provided by the Zimbabwe Power Company borrowing from development finance institutions.

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