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AGRICULTURAL DEVELOP

Sector: Raw Materials • Location: Zimbabwe

Source: World Bank Group

Project
Closed

The Governments of the United Kingdom and of the Federation of Rhodesia and Nyasaland submitted, in March 1959, a request for a loan to the equivalent of 5.6 mllion. The proceeds of the requested loan will be used to finance the foreign exchange costs of the final three and a half years of a Seven-Year Plan to improve and develop African agriculture in Southern Rhodesia. The loan is guaranteed by

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The project “AGRICULTURAL DEVELOP” is an infrastructure initiative in the Raw Materials sector, located in Zimbabwe. Taiyo aggregates data on it from World Bank Group.

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Participants

Sponsoring Agency

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Status

Original status

closed

Taiyo status

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Taiyo last update

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Email

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Description

Description

The Governments of the United Kingdom and of the Federation of Rhodesia and Nyasaland submitted, in March 1959, a request for a loan to the equivalent of 5.6 mllion. The proceeds of the requested loan will be used to finance the foreign exchange costs of the final three and a half years of a Seven-Year Plan to improve and develop African agriculture in Southern Rhodesia. The loan is guaranteed by the Government of the United Kingdom and the Borrower will be the Government of the Federation of Rhodesia and Nyasaland. The period to be covered will be July 1, 1959 through December 31, 1962. The objectives of the Agricultural Development Project for Rhodesia and Nyasaland are to stop soil deterioration, to establish a settled farming community, and to improve the standard of living of the farming group.

Original sub-sector

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Original Currency

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Original budget

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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Article Published Date

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