The African Development Bank Group (AfDB) has approved a loan of N$3,7 billion (US$196,43 million) for Namibia to implement the second phase of its Transport Infrastructure Improvement Project (TIIP). The project is estimated to cost N$7,1 billion (US$379,12 million). The loan represents 51,8% of the project’s total cost, while the Namibian government will provide the...
