Market News
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Tanzania, WB sign $200m electricity deal
Posted on :Thursday , 18th August 2016
Tanzania. The government of Tanzania and the World Bank yesterday signed a Memorandum of Understanding (MoU) in which the latter will provide $209 million (about Tz Shs456 billion) for the implementation of six-year rural electrification expansion programme.
The six-year project will also be financed by other development partners including Norway who will offe. . .Tanzania: Six-Year 456bn/ - Rural Electricity Deal Signed
Posted on :Wednesday , 17th August 2016
The government and the World Bank yesterday signed a Memorandum of Understanding (MoU) in which the latter will provide 209 million USD (about 456bn/-) for the implementation of six-year Rural Electrification Expansion Programme.
The six-year project will also be financed by other Development Partners (DPs). Other partners who will finance the project are Norway who will offer 80. . .Powering Africa - AfDB Boosts East Africa's Hydropower Projects
Posted on :Wednesday , 17th August 2016
The African Water Facility (AWF), a multilateral fund hosted by the African Development Bank (AfDB), will finance a $2-million grant to help the government of Tanzania launch a pre-feasibility study for the multipurpose Kikonge dam, irrigation and hydropower project, expected to boost hydropower generation and irrigation development in Tanzania's Southwest region.
In March, AfDB. . .African Development Bank backs study into Tanzania hydropower and dam project
Posted on :Friday , 12th August 2016
The African Development Bank (AfDB) said the grant being made available to Tanzania’s government is in principle to study the potential for building a 300-megawatt hydro generating facility on the river Ruhuhu in Kikonge, in the southwest of the country.If developed, the facility is expected to boost domestic electricity production in T. . .Tanzania to connect one million homes to power
Posted on :Tuesday , 16th August 2016
Tanzania plans to spend $3.21 billion over the next five years to connect about one million rural households to electricity, a senior government official has said.East Africa's second-biggest economy wants to use some of its natural gas reserves to end power shortages and boost industrial growth."The five-year rural electrif. . .Please Select an Option
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