Unfortunately, when the truth is shared it can invoke emotive reactions of denial.
On financing initiatives in Africa, any funder and economic reporting outlet will highlight the risks involved in financing such infrastructure activities. This is why these projects remain unfinanced by tier one banks, developments banks without secure syndication, investors, funders and multinationals; even vendor financing arrangements will not entertain financial risk without some form of bond or guarantee.
As for the Holcomb test, please contact the Engineering firm to verify verbatim the extract from the testing reports.
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