Scale Up Infrastructure, Ministers Urged-COMESA
Africa Investment

Scale Up Infrastructure, Ministers Urged-COMESA

Wednesday, June 2, 2021: Ministers of infrastructure have called on regional States to scale up programmes to upgrade and maintain infrastructure and facilities, adopt, and implement COMESA transit instruments to improve transport corridors’ efficiency. In their 12th joint meeting conducted virtually, today, June 2, 2021, the ministers responsible for transport, energy and Information, Communication Technology […]

$140m AfDB Loan for Power Generation-Tanzania
Africa Investment

$140m AfDB Loan for Power Generation-Tanzania

Dar es Salaam, 27 May 2021 – The African Development Bank Group and the Government of Tanzania have signed loan agreements totaling $140 million to finance the construction of the 50-megawatt Malagarasi hydropower plant in Western Tanzania.  The agreements cover a $120 million sovereign loan from the Bank and $20 million from the Africa Growing Together Fund (AGTF), administered by the […]