AfDB Approves $115m Loan for Abia State for Road Rehabilitation, Erosion Control, Solid Waste Management 

The project would see the rehabilitation of roads, erosion control infrastructure and preparation of solid waste management facilities in the state capital, Umuahia, and the commercial hub, Aba.

The bank in a statement said financing for the project, estimated at a total cost of $263.80 million, would come through an African Development Bank loan of $100 million; a Canada–African Development Bank Climate Fund (CACF) loan of $15 million; and a $125 million co-financing loan from the Islamic Development Bank.