By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Daily NationDaily NationDaily Nation
  • Home
  • News
    News
    Stay informed with the latest breaking news, in-depth analysis, and exclusive reports from around the world. From politics and global affairs to science, technology, and…
    Show More
    Top News
    Chisenga Katongo urges declaration of ‘Kaunda Day’
    June 20, 2021
    Evelyn Hone launches 2022-2026 strategic plan
    February 24, 2024
    Kafubu Water owed K91m in unpaid water bills by government institutions
    February 25, 2023
    Latest News
    Zambians want second liberation – Mundubile
    August 5, 2026
    Capital markets key to SME funding – SEC
    August 4, 2026
     HH is President, should avoid street language – Mundubile
    July 29, 2026
    Flying Fish extols FIFA World Cup final experience
    July 28, 2026
  • Business
    Business
    Your go-to source for the latest in business, finance, and the economy. Stay ahead with market trends, corporate insights, and expert analysis on entrepreneurship, investments,…
    Show More
    Top News
    China stock swoon could boost US real estate
    March 6, 2025
    Why homeowners are leaving billions on the table
    March 6, 2025
    Lock in now! Stock sell-off sinks mortgage rates
    March 6, 2025
    Latest News
    HH directs Mopani, KCM to prioritise youth contracts
    August 5, 2026
    KCM pledges continuity in cultural preservation investment
    August 4, 2026
    EIZ sees investor boost from global recognition
    August 4, 2026
    World Bank urges reforms to unlock private sector growth
    August 4, 2026
  • Court News
    Court NewsShow More
    Shoppers can now pay with their mobile wallet at Zambia’s largest retailer 
    August 3, 2026
    LUSAMBO LOSES BAIL BID AGAIN
    July 26, 2026
    ConCourt petitioned to clarify candidate withdrawals
    July 16, 2026
    Kabesha seeks court clarity on independent candidates
    July 2, 2026
    Court extends Mwamba’s bench warrant
    June 24, 2026
  • Sports
    SportsShow More
    Flying Fish extols FIFA World Cup final experience
    July 28, 2026
    Eam Zambia boxers advance with 3 victories in Glasgow Games
    July 28, 2026
    creation.Copper Queens wind up Algeria camp with friendly
    July 22, 2026
    Bernadette Deka Zulu lands top global position
    July 3, 2026
    Immig FC caps dream debut season with trophy presentation to immigration chief
    July 2, 2026
  • Contact
Search
NEWS
  • News
  • Local News
  • Politics
  • Health
  • Court News
  • Tie Business
  • Biz & Corporate
  • Contact Us
  • Privacy Policy
© 2026 Daily Nation Zambia. All Rights Reserved.
Reading: Govt secures US$41m for construction of 3 universities
Share
Sign In
0

No products in the cart.

Notification
Font ResizerAa
Daily NationDaily Nation
0
Font ResizerAa
  • Home
  • News
  • Business
  • Court News
  • Sports
  • Contact
Search
  • News
  • Local News
  • Politics
  • Health
  • Court News
  • Tie Business
  • Biz & Corporate
Sign In Sign In
Follow US
© 2026 Daily Nation Zambia. All Rights Reserved. Developed by GOPES.
📖 Read ePaper
Daily Nation > Blog > Govt secures US$41m for construction of 3 universities

Govt secures US$41m for construction of 3 universities

Daily Nation
Last updated: March 7, 2021 12:49 pm
Daily Nation
Share
3 Min Read
SHARE

Fri, 24 Mar 2017 14:08:25 +0000

 

By OSCAR MALIPENGA

 

GOVERNMENT has sourced a total of US$41 million from cooperating partners to finance the construction of three University-Colleges in Nalolo (Western), Katete (Eastern) and Kabompo (North-Western) districts and provinces respectively.

Minister of Higher Education Prof. Nkandu Luo told Parliament that her ministry has managed to engage consultants to undertake the Environmental Impact Assessment for the three sites which was a pre-condition to receiving the funding from the financiers.

Prof. Luo said the consultants were scheduled to be on site as soon as all paperwork was completed.

“My ministry has also covered a lot of ground on the engagement of the main consultant who will design and supervise construction works,

“A list of names that have been shortlisted has been sent to the funders for approval. After the No Objection is given, the request for proposal will be floated to the shortlisted consultants,” she said.

- Advertisement -
Ad imageAd image

Prof. Luo said in Nalolo it will be called University College of Science and Mathematics, in Katete it will be called University College of Applied Arts and Commerce while in Kabompo it will be called University College of Science and Technology.

She said the Patriotic Front (PF) government was committed to constructing the three University Colleges.

“Our chiefs in the three locations have demonstrated total leadership by freely allocating huge portions of land for the construction of the university colleges.

“The land allocated will enable government to expand the university colleges once they have developed and are ready to be transformed into full-fledged universities,” she said.

Prof. Luo commended the traditional leaders in the respective areas for working closely with government in identifying the sites for the projects and for their commitment to the development for Zambia. She said it was government’s desire to see the successful projects completed and operationalisation of the three university colleges.

Prof. Luo said the Arab Bank for Economic Development in Africa 9BADEA would provide a loan to the government to a tune of

US$ 4.5 million while the Fund for Oil Producing and Exporting Countries (OPEC-Fund) would provide a loan amounting to US$10 million.

She named other funders as the Kuwait fund who would provide a loan amounting to US$13 million and the Abu Dhabi fund would provide a loan of US$13.5 million. Prof. Luo said the loan agreements with the financiers had already been signed and would be disbursed once all procurement processes had been completed.

.

You Might Also Like

FIGHTING HUNGER

283 bars defying Covid rules closed

August polls have 8.8 million voters – ECZ

AKAFUMBA-LED NDC LAWYERS DEMAND K500, 000 COSTS FROM KAMBWILI

LUNGU ELIGIBLE

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Copy Link Print
Previous Article Be firm on opposition, Kamba tells Speaker
Next Article Directed to Hon. Nkandu Luo
Leave a Comment Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

235.3kFollowersLike
69.1kFollowersFollow
56.4kFollowersFollow
4.4kFollowersFollow
- Advertisement -
Ad imageAd image

Latest News

Glasgow ‘Club’ Games contingent back
Local News
August 6, 2026
I am the best candidate for Chongwe West – Deka-Zulu
Local News Premium
August 6, 2026
HH condemns violence
Local News Politics Premium
August 5, 2026
Judicial independence key to fair election outcomes – CJ
Local News Politics Premium
August 5, 2026
//

We influence over 2 million readers and are the most preferred news platform in Zambia.

Quick Links

  • Politics
  • Court News
  • Health
  • Millennium TV

Top Categories

  • News
  • Local News
  • Politics
  • Health
  • Court News
  • Tie Business
  • Biz & Corporate

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Daily NationDaily Nation
Follow US
© 2026 Daily Nation Zambia. All Rights Reserved. Developed by GOPES.
  • Contact Us
  • Privacy Policy
Join Us!
Subscribe to our newsletter and never miss our latest news, podcasts etc..
Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?