AfDB signs $300m private sector loan agreement for Nacala Corridor project

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AfDB signs $300m private sector loan agreement for Nacala Corridor project

29 November 2017, Sweetcrude, Abidjan, Côte d’Ivoire — The African Development Bank (AfDB) and other participating co-lenders have signed agreements for the financing of the Nacala Corridor project. This is an integrated and transformative infrastructure project which consists of a 912-km railway and a port meant to unlock the Western region of Mozambique and landlocked …

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