Market News
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AfDB seeks investors for Tanzania�s railway line
Posted on :Thursday , 29th 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 with the World Economic Forum to help attract investors to bankroll the 2 200k. . .Tanzania: Local Contractors to Vie for Standard Gauge Railway Project Tender
Posted on :Saturday , 24th 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 calling on local construction firms to form joint ventures to win the tender, addin. . .Tanzania: PM Directs Local Governments to Hasten Road, Street Naming
Posted on :Friday , 16th 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 responsible government institutions should give a priority to Dodoma Municipal. . .China and World Bank form firm to fund Africa projects
Posted on :Wednesday , 14th 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 studies. It will also follow up on financial close and take part in commercial oper. . .Africa: Experts Call for Creative Financing to Boost Infrastructure Development
Posted on :Thursday , 8th September 2016
The number of people involved in informal trade is growing, but most in the region don't have access to proper transport means.
This is one of the challenges highlighted during the last day of The Global African Investment Summit that closed on Tuesday in Kigali.It was noted that only one in four households in the Common Market . . .Please Select an Option
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