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Monday, July 1, 2019

AfDB pumps K27bn for Nacala Corridor project - The Nation Online

AfDB pumps K27bn for Nacala Corridor project - The Nation Online: AfDB pumps K27bn for Nacala Corridor project
Steve Chilundu June 29, 2019 0 Comments
The African Development Bank (AfDB) on Wednesday granted Malawi $37 million (about K27 billion) financial support for the completion of phase V of the Nacala Corridor project in the country.

Once completed the project is expected to, among other things, improve transport infrastructure in the country that remains a concern for private sector’s doing business in the country.

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