Zambia Secures US$50 Million Agreement for Kalabo-Sikongo-Angola Border Road Project with BADEA
Zambia has officially signed a cooperation agreement with the Arab Bank for Economic Development in Africa (BADEA) for a substantial investment of US$50 million dedicated to the construction of the Kalabo-Sikongo-Angola Border Road Project.
The agreement, which aims to enhance infrastructure in Western Province, was finalized in Riyadh, Saudi Arabia, by Finance and National Planning Minister Dr. Situmbeko Musokotwane and BADEA President Dr. Sidi Ould Tah.
In addition to the road project, the two parties have also agreed on a capacity-building initiative valued at US$500,000 to facilitate the training and development of public officials across critical sectors, including finance, trade, and energy development.
During the signing ceremony, Minister Musokotwane highlighted the significance of the project in achieving sustainable development goals related to industrial development, infrastructure, and economic growth.
“This investment will elevate the standard of living and quality of life in the Kalabo-Sikongo-Angola border areas, creating job opportunities and enhancing cross-border trade,” he stated.
The road construction is expected to improve connectivity for remote areas in Western Province, particularly during the rainy season when access is often limited. By bolstering trade between Zambia and Angola, the project aims to foster regional integration and contribute to both countries’ economic prosperity.
Ambassador to the Kingdom of Saudi Arabia, Mr. Duncan Mulima, witnessed the signing ceremony, underscoring the importance of international partnerships in Zambia’s development agenda.
Dr. Sidi Ould Tah emphasized that the Kalabo-Sikongo-Angola Border Project is a cornerstone of Zambia’s development strategy, facilitating access to Angolan ports and strengthening trade relations. “This road is more than just infrastructure; it represents new opportunities for businesses and citizens alike,” he remarked.
The partnership between Zambia and BADEA, which dates back to 1976, has seen over US$186 million allocated to 22 diverse projects, including critical road infrastructure initiatives.
Dr. Ould Tah reiterated BADEA’s commitment to supporting Zambia’s development through investment in both infrastructure and human capital, ensuring projects yield sustainable benefits for the nation.
