N e w s

Kenya: Kenyatta University to Construct Massive $48 Million Hostel

Kenyatta University is on the verge of constructing a whopping US$ 48m hostel that will see the invention of 6, 000 rooms.   The project is set to be developed by a New York-based private equity firm Africa Integras which confirms that it is now ready to proceed with the project after concluding negotiations with the financiers. The US fund was awarded the deal to lead the public private partnership (PPP) investment in 2014 and signed a.... Read more »

Posted on : Thursday , 23rd February 2017

Ethiopia, UAE Look to Advance Bilateral Ties, Boost Trade and Investment

Ethiopia's ties with Gulf countries is gaining momentum   Ethiopia and the United Arab Emirates (UAE) are desirous of strengthening their bilateral ties in economic and investment frontiers.   Special Advisor to Ethiopian Prime Minister Amb. Berhane Gebre-Christos and UAE's Deputy Prime Minister and Minister of Presidential Affairs Sheikh Mansour bin Zayed Al Nahyan held talks on ways of enhancing the Ethio-UAE bilateral ties on.... Read more »

Posted on : Wednesday , 22nd February 2017

Ethiopian Diaspora Raises Over $2 Million for GERD Construction

The Ministry of Foreign Affairs announced that the Ethiopian Diaspora Community in different parts of the world raised 2,101,000 USD to back the construction of the Grand Ethiopian Renaissance Dam (GERD).   In a press briefing Friday, Ministry Spokesperson Tewolde Mulgeta said the contribution was made during the last six months in the form of bond purchases, donation and other funding mechanisms.   Tewolde added that the ministry.... Read more »

Posted on : Wednesday , 22nd February 2017

Rwanda: Construction of $73 Million Kigali Cultural Village Begins

The construction of the Kigali Cultural Village has finally started, several years on. Heavy machines are on the ground preparing for what promoters, say will be a living museum meant to preserve and display Rwanda’s cultural heritage.   “The project has four phases and the first, which is fully funded by the government has kicked off,” said Belise Kariza, the chief tourism officer at Rwanda Development Board, which is.... Read more »

Posted on : Monday , 20th February 2017

Rwanda: India to Open High Commission in Rwanda - Vice-President Ansari

In order to enhance the bilateral ties with Indian diaspora settled in Rwanda, India is all set to open its resident mission in the country's capital.    "India and Rwanda are great friends, and Rwanda has a good population of Indian community here and, we have had a valid complaint of not having a resident mission in Kigali. So, the government has already taken up the matter and in the coming week and months the physical.... Read more »

Posted on : Monday , 20th February 2017

Rwanda: Indian Vice President Arrives in Country, Focus on Boosting Trade Ties

Kigali (Rwanda), Feb. 19 (ANI): Vice President Mohammed Hamid Ansari, who arrived here today in the first leg of his five-day official visit to Rwanda and Uganda, said there is a renewed and more focused effort by the government to give a dynamic impetus to the relations with African nations after the India Africa Forum Summit (IAFS) conference in India. The Vice President, who was addressing the media onboard Air India One Special Aircraft,.... Read more »

Posted on : Monday , 20th February 2017

Tanzania: Sh74 Million Dam to Provide Villagers with Year-Round Water

Tarime — Tanzania National Parks (TANAPA) has handed over a water dam built at Gibaso and Karakatonga villages in Tarime District. TANAPA Outreach Programme Manager Ahmed Mbugi handed over the project on Wednesday. "When it is full of water this dam can help residents of the two villages to enjoy water supply throughout the year," Mbugi said during the handing over ceremony.   TANAPA spent 74m/- to build the dam with a.... Read more »

Posted on : Saturday , 18th February 2017

Tanzania: Construction of Man Made Lake at Ngorongoro Takes Off

Arusha — In response to Prime Minister, Kassim Majaliwa's directives, the Ngorongoro Conservation Area Authority has kicked off a project to build a large enclosed, man-made lake, to provide water for the Maasai and their cattle in the precinct.   The large water trough, whose construction work was officially inaugurated by the Ngorongoro District Commissioner, Mr Rashid Taka, is meant to ensure constant, regular and reliable water.... Read more »

Posted on : Friday , 17th February 2017

Tanzania: Mtwara Airport to Undergo Expansion

Plans are underway to upgrade the Mtwara airport including expansion of the runway to allow larger airplanes to land, a move aimed at further opening economic opportunities in the gas-rich region, Works, Transport and Communications Minister Makame Mbarawa, has revealed.   The upgrading of the airfield will commence by July, this year, the Minister remarked during an inspection visit. The improvement will also cover extension of the.... Read more »

Posted on : Friday , 17th February 2017

Tanzania: China Commends Portuguese, Turkish Firms on SGR Contract

China yesterday clarified that an agreement signed between Tanzania and Governor of Exim Bank of China was meant to facilitate a feasibility study, not an agreement for a loan from China to Tanzania for the construction of central line railway.   China has meantime commended Turkish and Portuguese firms that have since won bids to construct the country's first phase of the 250km-stretch of Standard Gauge Railway from Dar es Salaam to.... Read more »

Posted on : Friday , 17th February 2017

Tanzania: Govt to Construct $3 Million Dry Port to Ease Pile-Up at Dar Port

Dar es Salaam — In its effort to decongest Dar es Salaam Port, the government will next month start constructing an inland container depot (ICD) worth Sh7.286 billion at Ruvu in Coast Region.   The minister of Works, Transport and Communications, Prof Makame Mbarawa, told reporters that there are also plans to to widen and deepen the berths of the port and construct a new one at Mtwara Port that would enable large vessels to.... Read more »

Posted on : Thursday , 16th February 2017

Africa: Tanzania, Zambia, DR Congo to Construct $85 Million Bridge to Boost Trade

Dar es Salaam — Tanzania, Zambia and the Democratic Republic of Congo (DRC) are planning to construct a 700km bridge in an effort to boost trade relations among them.   DRC's Katanga Province governor Jean-Claude Kazembe said here yesterday that the bridge to be constructed at Kasenga on the border between Congo and Zambia will cost $85 million (about Sh190 billion on the prevailing exchange rate). Upon constructing the bridge it.... Read more »

Posted on : Thursday , 16th February 2017



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