Zambia’s Zesco charges up $122m loan

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Zambia’s Zesco charges up $122m loan

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High-voltage wires and transformers. Electrical distribution station | Deyan Georgiev/Deyan Georgiev - Fotolia

Zesco, the Zambian state-owned power firm, is syndicating a $122m seven year loan, part of which is guaranteed by US government agency USAID.

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