Zimbabwe, Zambia inject US$440 million to kickstart Batoka project
STAFF WRITER The governments of Zimbabwe and Zambia have agreed to inject a combined US$440 million to kick-start construction of the US$4.2 billion Batoka Gorge Hydro-Electric Scheme, reviving a long-delayed power project seen as critical to regional energy security. The two governments will each inject US$220 million in equity, following a meeting of the Zambezi…
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