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Namibia signs N$1.5b loan with Germany

Namibia will receive a N$1.5 billion loan from Germany’s Kreditanstalt für Wiederaufbau (KfW) development bank to fund water projects. The loan has a 20-year repayment period, with a five-year grace period. The loan will be used by the Namibia Water Corporation (NamWater) under the Water Sector Support Programme II for…

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