Photo: RBM
The African Export-Import Bank (Afreximbank) has approved US$70 million to finance the expansion and upgrade of the Beitbridge border post in Zimbabwe, the ruling party has disclosed.
The Beitbridge border post upgrade project, which is a public-private partnership, is the first of its kind in Zimbabwe.
The upgrade will include the procurement of technical equipment and software, thus modernizing the border post to ensure smooth service during the concession period.
It is funded by African financial institutions that have come together to provide commitments in the syndicated senior term loan facility.
In addition, investments will be made in Beitbridge town, including developing a fire station, residential building units, housing, sewer lines, housing electrical supply lines, a reservoir, water pipelines, a wastewater treatment plant, a water pump station & other infrastructure.
-Zwnews
Kaizer Chiefs coach Cedric Kaze has urged patience and composure after the club’s poor run… Read More
Kaizer Chiefs have suffered a major setback with two experienced players injured. Both Brandon Petersen… Read More
Premier Soccer League giants Kaizer Chiefs have reportedly set their sights on Nigeria international goalkeeper… Read More
Kaizer Chiefs’ preparations for the Soweto Derby were severely disrupted before kick-off, a reality that… Read More
Kaizer Chiefs registered a second successive victory in the CAF Confederation Cup group stages after… Read More
Across Africa, vehicle buyers and importers are discovering a new way to connect — through … Read More