LUSAKA – International lending institutions and donor governments have pledged US$1,2 billion to improving road and rail links between eight southern Africa nations.
Half the promised money will come from the African Development Bank over the next three years.The aim is to reduce bottlenecks along the main trading routes through South Africa, Zimbabwe, Zambia, Tanzania, Democratic Republic of Congo, Malawi, Botswana and Mozambique.This will bring down high costs incurred through delays at national border crossings, road taxes and poor roads.The pledges were made Monday at the start of a two-day international conference.- Nampa-AP
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