ZAMBIA GRANT
February 1st, 2004
BY RICHARD HURST
THE WORLD Bank and the Nordic Development Fund have announced that they will be donating US$52 million to Zambia to tackle environmental problems associated with its copper and cobalt mines. Ohene Nyanin, World Bank country manager in Zambia said that the funds would be used to strengthen existing regulatory and institutional frameworks to improve mine compliance with environmental guidelines.
Chileshe Kandeta, Zambian treasury spokesperson said that the donation would be used to reverse environmental degradation experienced over the last 70 years.
THE WORLD Bank and the Nordic Development Fund have announced that they will be donating US$52 million to Zambia to tackle environmental problems associated with its copper and cobalt mines. Ohene Nyanin, World Bank country manager in Zambia said that the funds would be used to strengthen existing regulatory and institutional frameworks to improve mine compliance with environmental guidelines.
Chileshe Kandeta, Zambian treasury spokesperson said that the donation would be used to reverse environmental degradation experienced over the last 70 years.
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