Kariba - Urgent repairs to avert the collapse of the gigantic, power-generating Kariba Dam between Zimbabwe and Zambia will begin this year after the two neighbours signed $294m in deals with international investors on Friday.
The overhaul project of the world's largest man-made dam will fix deformities and cracks in walls that were discovered in a series of assessments. Those threaten to cause the massive structure to collapse - an eventuality that would carry unimaginable humanitarian and environmental consequences if water in the 181 billion cubic metre capacity reservoir were freed by a massive breach.
Given the high stakes involved, the European Union, World Bank, African Development Bank and the Swedish government agreed to bankroll the critical renovation effort.