Tanzania receives US$185m from MIGA for development projects
The private sector in Tanzania has a received a US$185m grant from the World Bank. The funds were released by … Read more
Region: East Africa
Court throws out US$56m Nairobi road project suit against NSSF
Upgrading of Tassia Estate a housing development scheme in Nairobi, including construction of a 90.4km tarmac road that will be … Read more
Five new hotels to be constructed in Nairobi, Kenya at US$79m
The hotel industry in Kenya is set to receive a boost following the setting up of five medium-sized new hotels … Read more
US$500m textile factory to be set up in Ethiopia
Ethiopian government has made final pre-investment assessment with a Chinese delegation, for the construction of a US$500m textile factory in … Read more
US$2bn Lamu coal plant in Kenya
In 2022, Centum Investments Company Ltd. wrote off its $16.39 million investment in the disputed Lamu coal power plant. A … Read more
Tanzania’s Ngaka Basin can produce one billion tons of high quality thermal coal
Tanzania has the potential of bringing birth to one billion tons of high quality thermal coal. The expected one billion … Read more
