The African Development Bank is to approve a USD 130 million loan request for the construction of a 120 KM long expressway spanning from Mojo to Zeway.

Lamin Barrow, resident representative of the banks Ethiopia country office, told The Reporter in an exclusive interview that the Bank will finance construction of the road’s first phase, with the board of directors set to approve the loan in October.

Construction of the expressway will commence in the current Ethiopian Fiscal Year following the release of the loan, according to The Reporter.

Source: The Reporter