The European Investment Bank (EIB) has signed a €110 million (US$127 million) concessional loan with the Zambian Ministry of Finance in support of the Great North Road (T2), to be followed shortly by the signature of an EU grant of EUR 72.45 million that will complement EIB financing.
Infrastructure/PPP news in Zambia
The Government of the Republic of Zambia, through the Road Development Agency (RDA), has launched a tender process to seek a private partner to develop a road PPP.
The Road Development Agency (RDA) of Zambia has launched the Request for Expression of Interest (RFEOI) for the the financing and upgrading of Kasomeno - Kasenga - Chalwe - Mwenda Road Project (182 km) through PPP.
The Government of Zambia has reached an important milestone in the infrastructure sector signing the first public-private partnership (PPP) contract in the country history.
The Common Market for Eastern and Southern Africa (COMESA) has launched a Request for Proposals (RFP) to design, build, finance and operate the new COMESA facilities in Lusaka, Zambia.
The Government of the Republic of Zambia, through the Road Development Agency (RDA), Supply and Communications, has launched a request for proposals for six road PPP projects.
The Government of the Republic of Zambia (GRZ), through the Road Development Agency (RDA), has launched a request for expression of interest (RFEOI) for six road PPP projects.
The Common Market for Eastern and Southern Africa (COMESA) infrastructure fund has got a capital injection of US$21.9 million.
The Government of the Republic of Zambia, though the Mulungushi Village Complex Limited (MVCL), has launched a request for expressions of interest (RFEOI) for the Mulungushi Village Complex PPP project.
The private equity arm of Standard Chartered acquired a stake in Copperbelt Energy Corporation (CEC) the company that distributes power to mines operating on the Copperbelt, a mineral-rich region in Zambia.
The Zambia Development Agency (ZDA) says it is focusing on attracting about US$2 billion in foreign direct investment (FDI) in infrastructure developmentthis year.ZDA director general Andrew Chipwende said the agency will focus on the development of roads, railways and energy and border facilities to improve infrastructure in the country.Mr Chipwende said Zambia is lacking in infrastructure which are critical to continued FDI and creating jobs in the small and medium-scale enterprises (SMEs).