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Eastern Africa

Madagascar To Get US$165 Million For Transport Corridor Project

AfDB loan to support phase three of Madagascar-Beira corridor development scheme. 


By Sneha Abraham
The government of Madagascar is set to receive a US$165 million loan from the African Development Bank (AfDB) for phase three of the Madagascar-Beira Corridor Development and Trade Facilitation Project (PACFC III).The US$230.6 million PACFC III is intended to improve accessibility in southern Madagascar, promote trade and investment, and support

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