Market News

Dodoma — Feasibility study and detailed designing for construction of the 413-kilometre road linking Mbeya to Tabora Regions to tarmac level have been completed with the government currently looking for funds to implement the project.   "Now that the feasibility and designing have been . . .

France, through its International Development Agency (AFD), has granted 65 million Euros (about 161.5bn/) as a concessional loan for the modernisation and extension of the Julius Nyerere International Airport (JNIA) Terminal II built in the 1980s.   AFD Country Representative Mr Emmanuel Baud . . .

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 s . . .

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 wit . . .

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 cooperatio . . .