N e w s

Kenya: World Bank to Fund Major Projects in Northern Kenya - President

President Uhuru Kenyatta on Sunday said the World Bank is set to embark on a Sh111 billion funding of transformative projects in the country particularly the Arid and Semi-Arid areas.   Though his spokesman Manoah Esipisu, the head of state indicated that the monies will be used to provide solar energy to households, public institutions such as health centers and educational institutions.   "Key features of the program.... Read more »

Posted on : Monday , 13th June 2016

East Africa: EAC Budget Focuses On Energy, Infrastructure Sectors

East African Community (EAC) member states have prioritised development expenditure as countries look to further strengthen the growth agenda of the regional economies. In the national budget estimates presented yesterday, the regional bloc's biggest economy Kenya will be spending $22.8 billion, Tanzania $13.5 billion, and Uganda $12 billion during the next financial year that starts on July 1. Rwanda plans to spend some $2.49 billion in the.... Read more »

Posted on : Friday , 10th June 2016

Tanzania: 413-Kilometer Link Road in Pipeline

Dodoma — Feasibility study and detailed designing for construction of the 413-kilometre road linking Mbeya to Tabora Regions to tarmac level have been completed with the government currently looking for funds to implement the project.   "Now that the feasibility and designing have been completed, construction of the road will take place when funds are available," Deputy Minister for Works, Transport and Communications,.... Read more »

Posted on : Friday , 10th June 2016

Kenya: President Says High-Speed Railway to Be Completed Ahead of Schedule

Kenyan President Uhuru Kenyatta said over the weekend that China-funded high speed railway which runs from the coastal city of Mombasa to Nairobi will be completed ahead of the schedule.   Kenyatta, who visited a section of the 472 kilometer standard gauge railway (SGR) project which is more than three-quarters done, said once completed, the project will enhance Kenya's position as a regional business hub.   Speaking during the.... Read more »

Posted on : Friday , 10th June 2016

Tanzania: France Commits 65 Million Euros for Airport Revamp

France, through its International Development Agency (AFD), has granted 65 million Euros (about 161.5bn/) as a concessional loan for the modernisation and extension of the Julius Nyerere International Airport (JNIA) Terminal II built in the 1980s.   AFD Country Representative Mr Emmanuel Baudran told the 'Daily News' in Dar es Salaam yesterday that they have already sent the draft to the government, detailing how disbursement of the loan.... Read more »

Posted on : Thursday , 9th June 2016

Trade Mark East Africa Aims to Raise U.S. $1Billion for Infrastructural Projects

Kampala — Trade mark East Africa (TMEA) is to raise about US$ 1billion from their development partner's to finance infrastructure projects and other social, services in the Six East African Community countries.   This was revealed by the Chairman of Board of Directors Ali Mufuruki who said EAC still needs the support of his organisation especially when it comes to Infrastructure development.   He said without well-developed.... Read more »

Posted on : Wednesday , 8th June 2016

Tanzania: Renewable Energy, Water and Transport to Get Sh240 Billion French Aid

Dar es Salaam — The French Development Agency AFD will inject over Sh240 billion into renewable energy, water and transport projects in Tanzania.   AFD Representative in Tanzania Emmanuel Baudra, told reporters in Dar es Salaam yesterday that the latest development plans are in line with the French President's commitment to increase support by a 50 per cent by 2020.   The AFD Board in Tanzania has already approved more than.... Read more »

Posted on : Tuesday , 7th June 2016

Tanzania: President Invites Chinese Investors to Boost Infrastructure, Industrial Development

President John Magufuli has invited investors from Jiangsu Province in China to partner with Tanzanians in setting up industries and building the infrastructure, particularly the standard gauge railway line. In line with the invitation, Dr Magufuli has assured Chinese investors of maximum cooperation from his government.   According to a statement issued in Dar es Salaam yesterday by the Directorate of Presidential Communications Unit,.... Read more »

Posted on : Tuesday , 7th June 2016

Tanzania: China To Finance USD 40 Million State-of-the-Art Library at UDSM

The University of Dar es Salaam (UDSM) is undergoing mega-infrastructural transformations that include construction of state-of-the-art modern library to accommodate over 800,000 books to be more globally competitive.   Doubling as a public library and resource centre, the library will have the capacity to host 6,000 people, a conference room and Confucius Centre that can accommodate 2,100 and 500 people respectively. The project is.... Read more »

Posted on : Saturday , 4th June 2016

Uganda: France Pledges Shs667 Billion for Expressway Project

Kampala — The French government, through its public bank and overseas development agency, Agence Française de Développement (AFD), has said it will commit €180m (Shs667b) to the development of the proposed Kampala-Jinja Expressway next year.   The loan was revealed by Ms Virgnie Leroy, the AFD's country representative, on Wednesday during a meeting with journalists in Kampala to highlight their projects in.... Read more »

Posted on : Saturday , 4th June 2016

Kenya : Sh17 Billion Nairobi Western Bypass Construction Begins

The government has announced the start of construction works for the Nairobi Western Bypass aimed at reducing traffic congestion in the Capital.   The Kenya National Highways Authority (Kenha) said Thursday it has signed an agreement with the China Road and Bridge Corporation (CRBC) to carry out feasibility studies and designs for the development of the bypass as a high capacity expressway, paving way for its.... Read more »

Posted on : Friday , 3rd June 2016

Kenya: Building Companies Trying Out Benefits of Polystyrene Homes

Kajiado — Building companies are trying out polystyrene construction which offers good insulation, and uses less water and wood   Justus Opiyo lives in one of around 50 polystyrene houses in a new development in Kajiado County, southeast of Nairobi, and says it has a major advantage over his previous homes.   "Its temperature remains constant, even in extreme weather, unlike the houses I have lived in before," he.... Read more »

Posted on : Thursday , 2nd June 2016



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