Market News
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Infrastructure construction in Egypt to get boost from World Bank
Posted on :Tuesday , 29th September 2015
Infrastructure construction in Egypt is set to improve as the World Bank head Jim Yong Kim expressed his support in various ongoing and upcoming projects.
In a meeting with Egyptian president Abdel-Fattah El-Sisi over the weekend in New York the World Bank boss said Egypt has a great potential in terms of development and it deserves more support.
According to the p. . .Construction of Zambia, Tanzania, and Kenya power interconnector in Progress
Posted on :Tuesday , 29th September 2015
Construction work has begun on different sections of the sites identified for power lines for the Zambia, Tanzania, and Kenya power interconnector.
In a recent meeting of energy held in Arusha, Tanzania, for permanent secretaries, senior officials and experts form Zambia, Tanzania and Kenya, it was indicated that outstanding progress had been made on the interconnector. Power Pyl. . .Mega International airport in Ethiopia to be constructed
Posted on :Tuesday , 29th September 2015
Plans are underway for the construction of a mega International airport in Ethiopia, the Ethiopian Airports Enterprise has announced.
The Ethiopian Minister of Transport, Workneh Gebeyehu confirmed the reports and said that Ethiopia is to break the ground for a new mega hub airport in the vicinity of Addis Ababa.
“The new mega hub will move the aviation. . .Ethiopians inaugurate new Addis Ababa Light Rail Transit project
Posted on :Saturday , 26th September 2015
Ethiopia on Sunday inaugurated a modern rail project that has been constructed by the China Railway Group (CREC) in the capital of the east African country. The electrified Addis Ababa Light Rail Transit (AA-LRT) is the first light railway on the African continent with two lines of a total length of 34 km.
Of the two rail lines, the east-west corridor extends 17.35 . . .Tanzania: In Support of Road Infrastructure Investment
Posted on :Saturday , 26th September 2015
Roads are an integral part of the transport system. They account for more than 90 per cent of all passengers and goods transport in the country.
Our Staff writer Chaby Barasa who recently accompanied CCM Union presidential candidate Dr John Magufuli on a campaign trail in several regions, revisits the crucial role road transport is playing in spearheading economic development in . . .Please Select an Option
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