Zambia, Aug. 6 -- The Board of Directors of the African Development Bank Group has approved a $255 million loan from the African Development Fund and a $10 million grant from the Rome Process/Mattei Plan Financing Facility to support Zambia's participation in the Lobito Corridor development initiative. The Bank Group's support forms part of a coordinated effort with multilateral and bilateral partners to advance an integrated economic corridor approach.The Lobito Corridor spans Southern and Central Africa, linking Angola, the Democratic Republic of the Congo and Zambia from the Port of Lobito, to the Copperbelt region. Through this first phase of financing, the Bank Group is helping to establish the critical foundations for a corridor model...