Market News
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Tanzania: Ericsson Mulling Investment in Various Sectors
Posted on :Friday , 5th August 2016
Dar es Salaam — Ericsson is considering to invest an unspecified amount in various sectors of Tanzania.
It is looking up to sectors of transport, energy, technology, finance and public safety and security, according to sub-Saharan Africa head of government and industry relations, Mr Shiletsi Makhofane.The Sweden-based firm speci. . .Tanzania: More Than 30 Billion/ - Set Aside for Ship Rehabilitation
Posted on :Friday , 5th August 2016
Nkasi — The government has allocated more than 31bn/- for rehabilitating three ships and purchasing of a new one during the 2016/17 financial year.
The Minister for Works, Transport and Communications, Prof Makame Mbarawa, revealed that after inspecting the Kipili anchorage along the shore of Lake Tanganyika in Nkasi District, Rukwa Region.&. . .Ethiopia: ERA Plans to Construct and Maintain 23,000 Kilometers of Road
Posted on :Thursday , 4th August 2016
Ethiopian Roads Authority (ERA) aims to construct as well as maintain around 23,000 kilometers of road across Ethiopia during the just started fiscal year.
Commenting the plan Dereje Hailu, Communication Team Leader at ERA, said the Authority aims to upgrade and build new roads that stretch for 1,846 kilometers. Regarding maintenance, the Authority would maint. . .Ethiopia: Gore-Teppi Road Project Gets Parliamentary Nod for U.S.$127 Million Korea Loan
Posted on :Thursday , 4th August 2016
Ethiopian Parliament, during its extraordinary session last week, approved a 127-million-dollar loan agreement with the Korea EXIM bank for the Gore-Tepi road connectivity improvement project.
The poor condition non-paved road is planned to be upgraded to an asphalt concrete road at an average cost of nearly a million dollars a km.Tanzania: Three Ports to Undergo Major Expansion
Posted on :Tuesday , 2nd August 2016
Lindi — Tanzania Ports Authority (TPA) has begun improving infrastructure at Mtwara, Lindi and Kilwa ports to prepare them for the emerging economic opportunities brought by oil and gas finds in southern regions.
Mtwara Port Manager, Stella Katondo, said the ports are also set to serve products manufactured in industries in the two sister regions of Mtwara and. . .Please Select an Option
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