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Market News

  • Tanzania: Dodoma to Get Commercial Hub, Dry Port

    Posted on :Saturday , 23rd July 2016

    Dodoma — The government plans to establish a commercial hub and dry port in Dodoma for anticipated rise in commercial activities after completion of upgrading of the airport in the designated capital.

     
    The Prime Minister, Kassim Majaliwa, has instructed the office of Dodoma Regional Commissioner and the Capital Development Authority (CDA) to allocate areas to e. . .

  • Tanzania: AfDB Satisfied with Implementation of Water Projects, Pledges More Help

    Posted on :Friday , 22nd July 2016

    African Development Bank (AfDB) has expressed satisfaction on Tanzania's implementation of water and sanitation projects, promising to continue working closely with the government towards the target of availing water and sanitation services to more citizens.

     
    AfDB Director of Water and Sanitation Department Mohamed El Azizi said in Dar es Salaam yesterday that the ba. . .

  • Tanzania: World Bank Releases Sh100 Million for New Dry Port

    Posted on :Friday , 22nd July 2016

    Dodoma — The World Bank (WB) through the Local Investment Climate (LIC) has disbursed Sh100 million for the construction of a dry port here, Prime Minister Kassim Majaliwa revealed yesterday.

     
    The Premier directed the Capital Development Authority (CDA) and the office of the regional commissioner to set aside land for the construction of the port.
    &. . .

  • Tanzania: Chinese Bank to Loan U.S.$7.6 Billion for Railway Project

    Posted on :Friday , 22nd July 2016

    Plans for the construction of a 2,190-kilometre central railway line to standard gauge form are now up for implementation as Chinese Exim Bank has agreed to give a soft loan of 7.6 US dollars (about 16 trillion/-) to finance the project.

     
    According to a statement issued yesterday by the State House, the amount is enough to cover construction of 2,190 kilometres. The . . .

  • Tanzania: AfDB Gives US$ 200 Million Support to Boost Infrastructure

    Posted on :Thursday , 21st July 2016

    African Development Bank (AfDB) has announced a 200 million US dollars (over 400bn/-) support to the country's transport sector reforms during the 2016/17 fiscal year.

     
    AfDB Vice-President responsible for Human Resources and Governance Alberic Kacou unveiled the financial support in Dar es Salaam when he visited Finance and Planning Minister Dr Philip Mpango yesterda. . .

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