N e w s

Tanzania: China Hails Magufuli Leadership, Funds New Ministry Building

PRESIDENT John Magufuli yesterday witnessed the signing of three agreements between governments of Tanzania and China to support expansion of police training institute in Kilimanjaro and construction of a building for the Ministry of Foreign Affairs and East African Co-operation.   Through the agreements, Tanzania has secured 300,000 US dollars (about 660m/-) for the ministry building and 20,000 US dollars (about 44m/-) for the.... Read more »

Posted on : Friday , 24th March 2017

Tanzania: Kuwait Grants $48 Million Loan for Central Corridor Road Project

THE Kuwait government through Kuwait Fund for Arab Economic Development has released a loan of 109bn/- to finance Nyahua- Chanya road project, which will boost economic development through the central corridor.   Speaking to reporters shortly after the signing ceremony in Dar es Salaam yesterday, the Minister for Finance and Planning, Dr Philip Mpango, expressed gratitude to the Kuwait government, and said the road is important because it.... Read more »

Posted on : Thursday , 23rd March 2017

Rwanda: World Bank President Visits Rwanda on Two-Day Official Visit

World Bank Group president Jim Yong Kim is today expected in the country for a two-day official visit.   The visit, which will also take him to Tanzania, is his second to the region as World Bank president.   Kim is expected to jet into the country at around midday after which he will visit the Zipline Drone project in Muhanga District, the Kigali Special Economic Zone and ICT innovation centre, kLab.   On the second day of.... Read more »

Posted on : Thursday , 23rd March 2017

Ethiopia: GERD Studies Going As Per Schedule - Minister

The two consulting firms chosen to conduct studies on the Grand Ethiopian Renaissance Dam (GERD) have been carrying out their operations as per schedule, according to Ministry of Water, Irrigation and Electricity.   Water, Irrigation and Electricity Minister Dr. Eng. Sileshi Bekele stated that the firms have been conducting their studies since last month and the study is progressing according to schedule.   "The three.... Read more »

Posted on : Wednesday , 22nd March 2017

Tanzania: World Bank President Arrives, Set to Kickoff Major Intersection Construction

THE World Bank (WB) Group President, Dr Jim Yong Kim, is expected to arrive in the country today for a three-day official visit, in which he will hold talks with President John Magufuli on robust development projects that are expected to be funded by WB.   During his visit, Dr Kim will meet Dr Magufuli to discuss key engagements of the strategic partnership between Tanzania and the World Bank Group.   According to a statement from.... Read more »

Posted on : Wednesday , 22nd March 2017

Ethiopia: Construction of New 50,000-Seater Stadium on the Cards

The Addis Abeba Youth & Sport Bureau has opened the technical portion of a bid for the construction of Aqaqi -Qality stadium. This is the second time that the project has been floated for bids. The first bid in 2013 , in which local construction company Tekleberhan Ambaye came out on top with an offer of 1.3 billion Br, was cancelled. Although the area of the stadium has not been finalized, it is expected to cover from 18-24ha of land. The.... Read more »

Posted on : Monday , 20th March 2017

Ethiopia: Roads Authority Awards Construction Contracts Worth $350 Million

The Ethiopian Roads Authority (ERA) awarded Monday a 7.9-billion Birr road construction and maintenance projects to six local and foreign contractors.   The projects with 468 kilometers of length combined would generate over 3,500 jobs.   ERA Director-General Araya Girmay and the managers of the construction companies signed the contracts.   The projects include the Cheko-Yergachefe road project which is part of the Addis-.... Read more »

Posted on : Thursday , 16th March 2017

Kenya: Govt has Invested Over $400 Million in Coastal Infrastructure Projects - President Kenyatta

Mombasa — The government has invested over Sh40 billion in infrastructure projects to accelerate development in the Coast region, President Uhuru Kenyatta has said.   Speaking Monday when he launched resumption of the Mtongwe Ferry Services, President Kenyatta said his administration has also set aside Sh2.2 billion to buy two new ferries to boost services.   He announced that the new ferries - which will arrive in the.... Read more »

Posted on : Thursday , 16th March 2017

Tanzania: New Power Plant Set to End Dar's Water Woes

DAR ES SALAAM residents will soon breathe a sigh of relief over water shortages following completion of the construction of a 33KV power line that will enable pumping of 196 million litres of water from Upper Ruvu Water Treatment Plant to the city daily.   The 45-km power line was constructed from Chalinze sub-station to Mlandizi, where the newly built water treatment plant is located.   The major plant which is expected to address.... Read more »

Posted on : Thursday , 16th March 2017

Kenya: Construction Industry Poised to Register Record Growth

The construction industry in the country is projected to grow steadily and outperform all Sub-Saharan countries for the next 10 years.   The growth has been based on the government's huge spending on infrastructure projects like the standard gauge railway and the Lamu port alongside foreign investment flow.   The market is, for instance, expected to grow by 8.7 per cent in 2017 and remain steady up until 2026 with an annual growth.... Read more »

Posted on : Thursday , 16th March 2017

Samsung Signs Up As Sponsor for BUILDEXPO Africa 2017

Dubai, UAE – Expogroup is delighted to announce that Samsung Electronics East Africa has signed up as a sponsor for BUILDEXPO Africa 2017, the 20th edition of East Africa’s largest building and construction show. The events will take place at the Kenyatta International Conference Centre (KICC) in Nairobi, Kenya from the 20th to 22nd April, 2017 and at the Mlimani City Conference Centre (MCCC) in Dar es Salaam, Tanzania from the 10th.... Read more »

Posted on : Tuesday , 14th March 2017

Tanzania: President Unveils Massive Transport Infrastructure Upgrade Plan

President John Magufuli yesterday unveiled a new package of plans to upgrade ports, railway and road networks to spur economic development. The ambitious plan whose execution is expected to start effectively this year will also shake-up residents whose structures are sitting within the protected areas.   President John Magufuli who is also the CCM National Chairman briefed the party's extraordinary congress here on the commencement of the.... Read more »

Posted on : Tuesday , 14th March 2017



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