The Development Bank of Southern Africa (DBSA) has reportedly approved a US$105M loan facility to Zambia Electricity Supply Corporation (Zesco) to help finance the expansion of the Kariba North Bank hydropower plant in Zambia.

The project involves the development of a 360MW hydropower station, increasing the capacity of the existing project to 1080MW.

Construction of the project began in late 2008, and is expected to be complete by December 2012.