Market News

 Nairobi - The African Development Bank will hold an investors’ roadshow to attract as much as $7.6 billion in financing for a railway line linking Tanzania’s port in Dar es Salaam with neighbouring landlocked countries.   The Abidjan, Ivory Coast-based lender is teaming up w . . .

 The government is set to advertise a tender for construction of the Standard Gauge Railway earlier in December, this year, the Minister for Works, Transport and Communications, Professor Makame Mbarawa, has said.   Prof Mbarawa made the revelation in Dar es Salaam yesterday while callin . . .

 Dodoma — The Prime Minister, Mr Kassim Majaliwa, has directed local authorities in the country to fast-track naming of roads and streets in their respective areas as part of implementation of the national homes' address and post code system.   Mr Majaliwa as well instructed that r . . .

 China and the World Bank have formed an infrastructure firm with an initial $500 million investment to help fund projects in Africa.   China Overseas Infrastructure Development and Investment Corporation Limited (COIDIC) will invest and manage projects from concept to feasibility studie . . .

 The number of people involved in informal trade is growing, but most in the region don't have access to proper transport means.   This is one of the challenges highlighted during the last day of The Global African Investment Summit that closed on Tuesday in Kigali.   It was noted . . .