NewsEast & Horn Africa

Fri,17Nov2017

East & Horn Africa

Tanzania to receive $300m World Bank loan for Dar es Salaam port expansion

Dar es Salaam’s port. Photo: Khalfan Said/AP/SIPATanzania will receive a $305m loan from the World Bank to expand its main port in it main commercial city Dar es Salaam, where congestion and inefficiencies are hampering ambitions to transform the east African nation into a regional transport hub.

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Tanzania hopes for LNG plant agreement with oil majors by 2018

The Royal Dutch logo at a petrol station in London. BG Group, which was recently acquired by Shell, is part of a coalition of companies planning to build an LNG export terminal in Tanzania. Photo: Kirsty Wigglesworth/AP/SIPATanzania hopes to reach an agreement with international oil companies in 2018 paving the way for the construction of a liquefied natural gas (LNG) plant, part of a bigger plan for a new export terminal, a senior official said on Tuesday.

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Kenya's Lake Turkana wind power scheme readying for production by July

The Lake Turkana wind power project. Photo via FlickrAfrica's biggest wind power scheme, the Lake Turkana Wind Power project in Kenya, should be fully connected to the national electricity grid and producing power by the end of June, a director at the consortium building the project said on Wednesday.

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Tanzania seeks $200m World Bank loan to clear arrears of state utility

 President John Pombe Magufuli gestures, during a rally in Dar es Salaam, Tanzania, 23 October, 2015. Photo: Khalfan Said/AP/SIPATanzania is seeking a loan of $200 million from the World Bank for debt-ridden state power supplier TANESCO, the country's energy ministry said on Monday, two weeks after the president refused to allow the utility to hike prices to cover costs.

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Uganda and Tanzania award crude pipeline design contract to US firm

In this 2010 file photo, an oil well undergoes testing in the Lake Albertine region of western Uganda. Photo: AP/SIPAUganda and Tanzania have awarded a contract for designing a crude oil pipeline running through both east African countries to US based firm Gulf Interstate Engineering, an official document seen by Reuters on Wednesday showed.

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Djibouti sees economy growing 7% next year

Locomotives for the new Ethiopia to Djibouti electric railway system queue outside a train station in Addis Ababa, September 2016. Photo: Elias Meseret/AP/SIPADjibouti's economy is expected to grow 7% in 2017 from a projected 6.5% this year, helped by investment in ports, telecommunications and airports, its budget minister said.

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