The African Development Bank Group has promised to inject $75 million which will be shared between Zimbabwe and Zambia for the rehabilitation of the Kariba Dam.
Last Friday, AfDB country representative to Zimbabwe, Mateus Magala said Zimbabwe would receive $36 million while Zambia would get $39 million.
More than $290m has been budgeted for the project which is expected to last for close to a decade.
Magala said other financiers include the European Development Fund which has pledged $100m, Sweden $25m, and the World Bank $75m.
However, these were channelling their resources through the Zambian government.
Mr Magala said the Zambezi River Authority (ZRA) which is the implementing entity, was contributing $19,2 million.
The rehabilitation of the Kariba Dam wall will include the reshaping of the plunge pool to limit erosion, the design, fabrication and installation of an emergency gate, a new gantry and new stop beams.
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