Market News

Tanzania: Tazara Flyover Work On Good Footing
Tanzania: Tazara Flyover Work On Good Footing
4 October 2016

 The Minister for Works, Transport and Communication, Prof Makame Mbarawa, has called upon the contractor of the long awaited Tazara flyover to fast-track the project aimed at eliminating congestion in Dar es Salaam.   Prof Mbarawa made the call in the city yesterday during his tour of t . . .

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AfDB seeks investors for Tanzania�s railway line
AfDB seeks investors for Tanzania�s railway line
29 September 2016

 Nairobi - The African Development Bank will hold an investors’ roadshow to attract as much as $7.6 billion in financing for a railway line linking Tanzania’s port in Dar es Salaam with neighbouring landlocked countries.   The Abidjan, Ivory Coast-based lender is teaming up w . . .

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Tanzania: Local Contractors to Vie for Standard Gauge Railway Project Tender
Tanzania: Local Contractors to Vie for Standard Gauge Railway Project Tender
24 September 2016

 The government is set to advertise a tender for construction of the Standard Gauge Railway earlier in December, this year, the Minister for Works, Transport and Communications, Professor Makame Mbarawa, has said.   Prof Mbarawa made the revelation in Dar es Salaam yesterday while callin . . .

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Tanzania: PM Directs Local Governments to Hasten Road, Street Naming
Tanzania: PM Directs Local Governments to Hasten Road, Street Naming
16 September 2016

 Dodoma — The Prime Minister, Mr Kassim Majaliwa, has directed local authorities in the country to fast-track naming of roads and streets in their respective areas as part of implementation of the national homes' address and post code system.   Mr Majaliwa as well instructed that r . . .

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China and World Bank form firm to fund Africa projects
China and World Bank form firm to fund Africa projects
14 September 2016

 China and the World Bank have formed an infrastructure firm with an initial $500 million investment to help fund projects in Africa.   China Overseas Infrastructure Development and Investment Corporation Limited (COIDIC) will invest and manage projects from concept to feasibility studie . . .

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