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Zambia, AfDB sign power loan agreement

February 2013
ZAMBIA AND the African Development Bank (AfDB) have signed a US$55 million loan agreement for the construction of the Itezhi-Tezhi hydropower station and transmission line.


The agreement was signed by Zambian Minister of Finance, Alexander Chikwanda and AfDB country representative Freddie Kwesiga.

The project will involve construction and operation of a 120-megawatt (MW) hydropower plant at Itezhi-Tezhi dam along the Kafue River.

Once completed, this project will significantly increase Zambia’s and the region’s power supply. Zambia presently produces 1,800MW which it shares with the rest of the region through the Southern African Power Pool.