THE World Bank has committed 45 Million Dollar to support 900 cooperatives in Zambia, through the Alliance Productive Programme, implemented by Zambia Agribusiness and Trade Project (ZATP) II.

ZATP Region Four Regional Facilitator, Keith Kancheya, says each cooperative will receive a 50,000 United States Dollar loan under the five-year project, set to end in 2028, to grow their businesses across the country.

Speaking during a sensitisation meeting in Luangwa district, Mr Kancheya explained that the cooperatives are expected to put in 40 percent of their total budgets while the 50,000 US Dollar loan is 60 percent of the total.

“The call for proposals is open until 31st March, 2026, when no more proposals will be accepted, and the number of cooperatives in each district is not restricted,” he said.

He clarified that if one district has the highest number of successful applicants compared to other districts, they will be given the loans because the awarding system does not give restrictions per district.