THE EUROPEAN Investment Bank (EIB) is lending Euro 35 million to the state owned Namibia Power Corporation Pty Ltd. for the construction of 400 kV power transmission lines, supplying the new Skorpion zinc mine in the south-west of the country. The power project will improve electricity supply reliability to the mine, which is the largest ongoing private sector investment in the country. The project is expected to be co-financed with the Development Bank of Southern African and the Agence Française de Développement; the EIB hopes that the ...

Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.