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AFDB approves US$265 funding to Lobito Economic Corridor
The board of directors of the African Development Bank Group has approved a US$255 million loan from the African Development Fund and a $10 million grant from the Rome Process/Mattei Plan Financing Facility to support Zambia’s participation in the Lobito Corridor development initiative.
Windhoek ObserverBy Staff Writer25 Aug 2026, 04:13 am
The board of directors of the African Development Bank Group has approved a US$255 million loan from the African Development Fund and a $10 million grant from the Rome Process/Mattei Plan Financing Facility to support Zambia’s participation in the Lobito Corridor development initiative.
Originally published by Windhoek Observer on 25 Aug 2026, 04:13 am. View original article