AFRICAN HYDRO PROJECT
World Bank To Lend 80,000,000 Dollars WASHINGTON, June 21. The World Bank today signed a loan of 80,000.000 dollars with the Federation of Rhodesia and Nyasaland for the first stage of the Kariba hydro-electric scheme. The loan will help to finance the building of a dam and a power unit with a 500,000 kilowatt capacity at Kariba Gorge on the Zambesi river, and nearly 1000 miles of transmission lines to the copper belt in Northern Rhodesia and the principal cities of Southern Rhodesia.
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Press, Volume XCIII, Issue 28002, 23 June 1956, Page 9
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86AFRICAN HYDRO PROJECT Press, Volume XCIII, Issue 28002, 23 June 1956, Page 9
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