Market News
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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. . .Ethiopia's Grand Dam Well on its Way to Completion
Posted on :Saturday , 21st May 2016
The people and government of Ethiopia have recently celebrated the fifth year anniversary of the Grand Ethiopian Renaissance Dam (GERD), a multi-billion dollar hydro electric project, being constructed on the Blue Nile river, in the Guba Woreda, Benshangul-Gumuz State.
They are cognizant to the fact that constructing the Dam has many fringe benefits to the country's economic grow. . .Tanzania-Zambia Railway to be extended to four countries
Posted on :Tuesday , 17th May 2016
The Tanzania-Zambia Railway (Tazara) is yet to be extended to four other countries including Rwanda, Burundi, Malawi and Eastern DR Congo as well as to Tanzania’s multibillion-dollar Bagamoyo port.This is according to Government officials from Tanzania, China and Zambia who met in Dar es Salaam to discuss about the ailing infrastructure link that runs fro. . .Please Select an Option
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