N e w s

Kenya Seeks $5.5 billion IFC Funding for Road Construction

Kenya is looking for close to Ksh550 billion ($5.5 billion) to complete the construction of 10,000 kilometres of roads, after local banks refused to lend the money to the contractors after the botched annuity financing model.   The country is now negotiating for a line of credit of $1.5 billion from the International Finance Corporation (IFC), to finance part of the construction of 4,000 kilometres of urban roads; some 6,000 kilometres of.... Read more »

Posted on : Tuesday , 5th July 2016

Tanzania: Farming Sector to get Robust Insurance Strategy Boost

Dar es Salaam — Plans are underway to draw up an insurance strategy on agriculture in Tanzania.   According to the Commissioner of Insurance, Mr Israel Kamuzora, a meeting of insurance stakeholders was recently conducted to discuss the strategy.It is hoped that by having the strategy, agriculture will be stimulated.   Agriculture is Tanzania's economy mainstay, accounting for nearly 30 per cent of the gross domestic product..... Read more »

Posted on : Saturday , 2nd July 2016

Kenya: County Approves Sh170 Million for New Assembly & Governor's House

The County Assembly on Thursday approved Sh70 million for construction of a governor's residence in Likuyani Sub-County and another Sh100 million to build a modern County Assembly.   These were among the highlights of Sh13.2 billion budget that gave Health, Infrastructure and Agriculture departments the three-highest allocations.   Infrastructure development will consume Sh1.9 billion, health Sh1.2 billion and agriculture Sh575.9.... Read more »

Posted on : Saturday , 2nd July 2016

Kenya: AfDB Approves Sh13 Billion Loan to Link more Households to National Grid

About 300,000 households and businesses will be linked to the national grid after the African Development Bank (AfDB) approved a Sh13.5 billion loan for a low-cost connection project.   The project targets homes not connected to electricity and which are within a 600-metre radius to a transformer.   The loan, which was approved on Monday, is the second disbursement from AfDB under the Last Mile Connectivity project.   The.... Read more »

Posted on : Thursday , 30th June 2016

Tanzania: All Villages in Zanzibar to Have Power By 2020 - Minister

Zanzibar — All villages in Zanzibar will have access to reliable electricity supply by 2020, Members of the House of Representatives were informed.   Deputy Minister of Lands, Water, Energy and Environment, Juma Makungu Juma, said that the government has been working hard to ensure that houses in rural villages and inhabited small islands easily access power from the National Grid.   "We are on track to have our goal.... Read more »

Posted on : Thursday , 30th June 2016

Tanzania: Billions of Dollars Worth Helium Deposit Discovered in Rift Valley

A vast field of helium has been discovered in a section of the Great Rift Valley in Tanzania, scientists are reporting.   The scarce gas, which is used in high-tech devices such as MRI medical scanners and radiation monitors, is currently priced at about $70 per 1000 cubic feet.   A team of British and Norwegian researchers estimate that the deposit they located in Tanzania could contain about 54 billion cubic feet of helium, which.... Read more »

Posted on : Thursday , 30th June 2016

East Africa: Kenya, Ethiopia Ink Crude Oil Pipeline Deal

Ethiopia signed an oil pipeline deal with Kenya on June 23, 2016, during an official visit by Prime Minister Hailemariam Desalegn to the neighbouring country. Kenya's President, Uhuru Kenyatta and the visiting PM signed the agreement to construct a crude pipeline from a coastal town Lamu, to Addis Abeba, Ethiopia.   This project aims to integrate the efforts of the two countries as part of joint infrastructure regional projects under the.... Read more »

Posted on : Thursday , 30th June 2016

Tanzania: EU Conducts Energy Study in Zanzibar

Zanzibar — Zanzibar may possibly have its own energy source if an ongoing European Union study will succeed, the House was informed.   Finance and Planning minister Dr Khalid Salum Mohamed and Energy minister Salama Aboud Talib said that research on possible alternative energy source has been going on in the isles.   Zanzibar relies on power from the National Grid from Tanzania Mainland.   The ongoing studies involve.... Read more »

Posted on : Wednesday , 29th June 2016

Tanzania: District Council Allocates Sh80 Million for Agriculture

Kilosa — Kilosa district council has allocated Sh80 million for the purchase of farm inputs for the coming agricultural season.   Speaking to more than 200 farmers gathered at Mhenda village in the district, the Kilosa district commissioner, John Henjewele called on farmers to make good use of the research done by experts from Ilonga Agricultural Research Institute for the agriculture to be productive.   "If you follow.... Read more »

Posted on : Wednesday , 29th June 2016

Tanzania: New Arusha Master Plan to be Expanded

Arusha — The new master plan for Arusha will cover selected areas in neighbouring districts beyond the city boundaries, according to consultants.   Execution of the ambitious plan, prepared by Surbana Consultants Pte Ltd of Singapore, will finally begin in August this year, one of the focus being to overhaul and age-old water supply and sewerage networks.   A brief on the consultants' report availed to The Citizen indicated.... Read more »

Posted on : Wednesday , 29th June 2016

Tanzania: MMG Gold Mine to Start Operations Next September

MMG Gold is expected to start mining operations at Seka village, Musoma District, Musoma Region on September this year.   The Mineral and Energy Minister Prof Sospeter Muhongo said this during his visit to the mining site to inspect the progress where he was informed that the construction has reached 95 per cent.   "Earlier, the mining was scheduled to commence operations before end of June but was pushed back due to some.... Read more »

Posted on : Wednesday , 29th June 2016

Tanzania: Govt to Continue Improving Roads & Communication - Minister

Dodoma — The government will continue improving and constructing roads and improve communication networks across the country.   The assurance was made by the Deputy Minister of Works, Transport and Communication, Eng Edwin Ngonyani when responding to questions raised by legislators.   A basic question by Kiteto Koshuma (Special Seats-CCM), queried what plans the government had to increase tarmac roads in Mwanza Region, which.... Read more »

Posted on : Wednesday , 29th June 2016



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