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Market News

  • Tanzania Gets USD 268 Million To Extend Lake Victoria Water Pipeline

    Posted on :Thursday , 2nd July 2015

    On 19th June 2015, the Export-Import Bank of India (Exim) and the Ministry of Finance of Tanzania signed an agreement to extend additional line of credit (LOC) of USD 268 million to the Government of Tanzania, for financing the extension of Lake Victoria water pipeline to Tabora, Igunga, and Nzega.
    Lake-Victoria-Water-Pipeline-exim-tanzaniaMr. Yaduvendra Mathur, Chairman and Managing Dir. . .

  • Construction of Africa\'s $92m water projects completed

    Posted on :Wednesday , 1st July 2015

     Egyptian government has completed the construction of $92 Million drinking water project across the country.

    The housing minister said they have completed the 83 drinking water and sanitation projects, along with 112 sanitation projects in various villages across the country.
    The minister in charge of Housing Mostafa Madbouly added that the Construction Authority for. . .

  • Tanzania: Cement Firm Trains 250 Block Makers

    Posted on :Tuesday , 30th June 2015

    The Tanzania Portland Cement Company Limited (TPCC) conducted a training to 250 cement block makers from Dar es Salaam that will foster safety at work, quality of block produced and efficiency in production process.

    Speaking to invited participants during the training in Dar es Salaam, TPCC, Commercial Director, Simon Delens said that the seminar was focused on health and safety,. . .

  • Tanzania: Construction of Four-Lane Regional Road Starts in Arusha

    Posted on :Tuesday , 30th June 2015

    East Africa: Demand for Cement in EA Remains Strong

    Posted on :Tuesday , 30th June 2015

    DEMAND for cement in the East African Region is anticipated to remain strong in the medium term, supported by the resurgence in infrastructure and housing sectors.

    Also, apart from the associated energy costs and the availability of cheap imports from some Asian countries, demand for cement in East Africa has continued to rise.

    The growing demand for cement is expe. . .

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