Thread by @ZambiaAsks

Do you know how the $750 million euro bond was supposed to be used?

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Now the baton comes back to you, follow up on these projects and see the progress of these projects

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$186 million was supposed to be used on the ZESCO Kafue Gorge Lower Hydro-Electric Power Project

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A $145 million was supposed to be used for roads re-financing (Formula 1)

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$120 million was supposed to be used for rehabilitation of the railway network. @ZambiaAsks did a fact-check story on part of the funds which you can find here acazambia.org/is-the-zambia-…

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$100 million was supposed to be used for the Kitwe-Chingola dual carriageway.

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$69 million was supposed to be used for the ZESCO Power Distribution Network.

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@_ZESCO 👀

$65 million was supposed to be used on the Link Zambia Roads Project (2012).

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$29.3 million was supposed to be used on the upgrading and modernisation of four tertiary hospitals.

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$20 million was supposed to be used by @BankofZambia for credit line for Small and Medium Enterprises.

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The $750 million Euro Bond in a snapshot.

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