Market News
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Trade Mark East Africa Aims to Raise U.S. $1Billion for Infrastructural Projects
Posted on :Wednesday , 8th June 2016
Kampala — Trade mark East Africa (TMEA) is to raise about US$ 1billion from their development partner's to finance infrastructure projects and other social, services in the Six East African Community countries.
This was revealed by the Chairman of Board of Directors Ali Mufuruki who said EAC still needs the support of his organisation especially when it comes . . .Tanzania: Renewable Energy, Water and Transport to Get Sh240 Billion French Aid
Posted on :Tuesday , 7th June 2016
Dar es Salaam — The French Development Agency AFD will inject over Sh240 billion into renewable energy, water and transport projects in Tanzania.
AFD Representative in Tanzania Emmanuel Baudra, told reporters in Dar es Salaam yesterday that the latest development plans are in line with the French President's commitment to increase support by a 50 per cent by 2. . .Tanzania: President Invites Chinese Investors to Boost Infrastructure, Industrial Development
Posted on :Tuesday , 7th June 2016
President John Magufuli has invited investors from Jiangsu Province in China to partner with Tanzanians in setting up industries and building the infrastructure, particularly the standard gauge railway line. In line with the invitation, Dr Magufuli has assured Chinese investors of maximum cooperation from his government.
According to a statement issued in Dar es Sal. . .Tanzania: China To Finance USD 40 Million State-of-the-Art Library at UDSM
Posted on :Saturday , 4th June 2016
The University of Dar es Salaam (UDSM) is undergoing mega-infrastructural transformations that include construction of state-of-the-art modern library to accommodate over 800,000 books to be more globally competitive.
Doubling as a public library and resource centre, the library will have the capacity to host 6,000 people, a conference room and Confucius Centre that. . .Uganda: France Pledges Shs667 Billion for Expressway Project
Posted on :Saturday , 4th June 2016
Kampala — The French government, through its public bank and overseas development agency, Agence Française de Développement (AFD), has said it will commit €180m (Shs667b) to the development of the proposed Kampala-Jinja Expressway next year.
The loan was revealed by Ms Virgnie Leroy, the AFD's country representative, on Wednesday during a me. . .Please Select an Option
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