Flash Opnion

MERKEL DEFEATS DWARFS

German Chancellor Angela Merkel secured a historic third win...

ARAB SPRING COUNTRIES ABOUT TO GET OUT FROM BOTTLE’S NECK

Things are now getting more clearer in the global...

Flash

Owing to recent developments in the Middle East and...

Satanic plans for Strategic purposes

International economic and political currents seem to be conflicting...

Bold Steps Are the Only Route to Recovery

by Ahmed Fouda Jim Yong, World Bank chair person said...

Adieu to a Prince who will continue to inspire and guide us

Ahmed Fouda: Prince Saud Al-Faisal, a veteran Arab and...

Greeks our Loyal Friends in Sickness and in Health

  Ahmed Fouda We have close loyal friends whom we always...

5 Tips to Getting a Good Night’s Sleep with Quality Rest

In our fast-paced world, achieving a restful night’s sleep...

Egypt is transforming Sinai into a natural extension of the Nile Valley

In March 2016 president Abdel Fattah El-Sisi said to...

The Drums of War bang in Riyadh

No one will win if the world goes into...

How bad is the Equifax cyber breach and is there a sustainable solution?

Sounds like this breach that started out from 2011...

Ahmed Fouda: An engraved story of success that speaks for itself

“MEO is dedicated to provide credible & sound analysis...

Sephora: Years of Succsses

By Alaa Magdy Sephora is a French brand of cosmetics;...

Court is in session!

One of the most vital approaches to end corruption...

Who will pay for cheaper vehicles?

The EU-Egypt Association Agreement will gradually reduce tariffs on...

New partners in trade

The Free Trade Agreement will open the doors of...

Services for the Holy Month of Ramadan

Dar Al-Ifta (Fatwa House) has set an integrated plan...

Must we spend more in Ramadan?

As the markets see its annual increase in food...

Electricity and metro on full alert during Ramadan

The Ministry of Electricity and Renewable Energy, Muhammad Shaker,...

Honouring Quraan reciters

The Ministry of Awqaf (Religious Endowments) organised last Sunday...

From yamish to vegetables

From the bank teller to the housewife is a...

Let us Hope it is for the best

by Ahmed Fouda It is basic general knowledge that any currency’s...

The sun determined to shine on the land of the Pharaohs

by Ahmed Fouda It has become quite normal that ambitions...

Sisi: Egyptian cabinet needs to better anticipate crises

Ahram online: Egypt's government needs to anticipate and prepare...

Court is in session!

One of the most vital approaches to end corruption...

Sephora: Years of Succsses

By Alaa Magdy Sephora is a French brand of cosmetics;...

Adieu to a Prince who will continue to inspire and guide us

Ahmed Fouda: Prince Saud Al-Faisal, a veteran Arab and...

Wheat Surplus and bread subsidy

by Ahmed Fouda I wish to stop at an announcement made...

ARAB SPRING COUNTRIES ABOUT TO GET OUT FROM BOTTLE’S NECK

Things are now getting more clearer in the global...

Sephora: Years of Succsses

By Alaa Magdy Sephora is a French brand of cosmetics;...

Transfering floating lighting to LED system

In response to the wish of workers in the...

Egypt is transforming Sinai into a natural extension of the Nile Valley

In March 2016 president Abdel Fattah El-Sisi said to...

Sisi: Egyptian cabinet needs to better anticipate crises

Ahram online: Egypt's government needs to anticipate and prepare...

The Drums of War bang in Riyadh

No one will win if the world goes into...

How bad is the Equifax cyber breach and is there a sustainable solution?

Sounds like this breach that started out from 2011...

How bad is the Equifax cyber breach and is there a sustainable solution?

Sounds like this breach that started out from 2011...

The sun determined to shine on the land of the Pharaohs

by Ahmed Fouda It has become quite normal that ambitions...

Sephora: Years of Succsses

By Alaa Magdy Sephora is a French brand of cosmetics;...

Egypt is transforming Sinai into a natural extension of the Nile Valley

In March 2016 president Abdel Fattah El-Sisi said to...

Choose , Move, or Lose

by Ahmed Fouda Now is high time to get right...

Court is in session!

One of the most vital approaches to end corruption...

Ahmed Fouda: An engraved story of success that speaks for itself

“MEO is dedicated to provide credible & sound analysis...

Top Picks

Flash Opnion

MERKEL DEFEATS DWARFS

German Chancellor Angela Merkel secured a historic third win...

ARAB SPRING COUNTRIES ABOUT TO GET OUT FROM BOTTLE’S NECK

Things are now getting more clearer in the global...

Flash

Owing to recent developments in the Middle East and...

Satanic plans for Strategic purposes

International economic and political currents seem to be conflicting...

Bold Steps Are the Only Route to Recovery

by Ahmed Fouda Jim Yong, World Bank chair person said...

Adieu to a Prince who will continue to inspire and guide us

Ahmed Fouda: Prince Saud Al-Faisal, a veteran Arab and...

Greeks our Loyal Friends in Sickness and in Health

  Ahmed Fouda We have close loyal friends whom we always...

5 Tips to Getting a Good Night’s Sleep with Quality Rest

In our fast-paced world, achieving a restful night’s sleep...

Egypt is transforming Sinai into a natural extension of the Nile Valley

In March 2016 president Abdel Fattah El-Sisi said to...

The Drums of War bang in Riyadh

No one will win if the world goes into...

How bad is the Equifax cyber breach and is there a sustainable solution?

Sounds like this breach that started out from 2011...

Ahmed Fouda: An engraved story of success that speaks for itself

“MEO is dedicated to provide credible & sound analysis...

Sephora: Years of Succsses

By Alaa Magdy Sephora is a French brand of cosmetics;...

Court is in session!

One of the most vital approaches to end corruption...

Who will pay for cheaper vehicles?

The EU-Egypt Association Agreement will gradually reduce tariffs on...

New partners in trade

The Free Trade Agreement will open the doors of...

Services for the Holy Month of Ramadan

Dar Al-Ifta (Fatwa House) has set an integrated plan...

Must we spend more in Ramadan?

As the markets see its annual increase in food...

Electricity and metro on full alert during Ramadan

The Ministry of Electricity and Renewable Energy, Muhammad Shaker,...

Honouring Quraan reciters

The Ministry of Awqaf (Religious Endowments) organised last Sunday...

From yamish to vegetables

From the bank teller to the housewife is a...

Choose , Move, or Lose

by Ahmed Fouda Now is high time to get right...

Lebanon and Greed

by Ahmed Fouda The sudden announcements of Lavrov , the...

This happens when you cross the line

by Ahmed Fouda The recent bloody terrorist attacks that took...

Ahmed Fouda: An engraved story of success that speaks for itself

“MEO is dedicated to provide credible & sound analysis...

The Ball is in Our Court

by Ahmed Fouda Now we are in the process of...

ARAB SPRING COUNTRIES ABOUT TO GET OUT FROM BOTTLE’S NECK

Things are now getting more clearer in the global...

Satanic plans for Strategic purposes

International economic and political currents seem to be conflicting...

Satanic plans for Strategic purposes

International economic and political currents seem to be conflicting...

Democracy war in Turkey Elections

By: Ahmed Fouda Elections war that took place in Turkey...

Lebanon and Greed

by Ahmed Fouda The sudden announcements of Lavrov , the...

This happens when you cross the line

by Ahmed Fouda The recent bloody terrorist attacks that took...

Ahmed Fouda: An engraved story of success that speaks for itself

“MEO is dedicated to provide credible & sound analysis...

The Ball is in Our Court

by Ahmed Fouda Now we are in the process of...

Sisi: Egyptian cabinet needs to better anticipate crises

Ahram online: Egypt's government needs to anticipate and prepare...

How bad is the Equifax cyber breach and is there a sustainable solution?

Sounds like this breach that started out from 2011...

The sun determined to shine on the land of the Pharaohs

by Ahmed Fouda It has become quite normal that ambitions...

Sephora: Years of Succsses

By Alaa Magdy Sephora is a French brand of cosmetics;...

Egypt is transforming Sinai into a natural extension of the Nile Valley

In March 2016 president Abdel Fattah El-Sisi said to...

Choose , Move, or Lose

by Ahmed Fouda Now is high time to get right...

Court is in session!

One of the most vital approaches to end corruption...

Ahmed Fouda: An engraved story of success that speaks for itself

“MEO is dedicated to provide credible & sound analysis...

Top Picks

Subscribe to newsletter

Middle East Observer

Tuesday, April 1, 2025

Tanzania: Dar Seeks 2tri/ – Development Funding From World Bank

Must read

BY: Ahmad Abu el-Hamd

Tanzania’s government is seeking a 785 million US dollar (over 1.7tri/-) soft loan from the World Bank to execute development projects in the next fiscal year, Finance and Planning Minister, Dr Philip Mpango, revealed yesterday.

According to the minister, the projects include implementation of the second and third phase of the Bus Rapid Transit in Dar es Salaam which is expected to cost 425 million dollars (about 950bn/- ) and the 305 million dollar (678bn/-) expansion of the Dar es Salaam port.

“Discussions are also underway to secure funds for construction of an interchange at Ubungo, we don’t have the actual figure but initial estimates show that the project will require not less than 60 million US dollars (over 130bn/-). Expansion of the Dar es Salaam port requires 600 million US dollars (over 1.3tri/-), but the World Bank has offered 305 million dollars for the first phase of the project,” Dr Mpango elabourated.

He was speaking at a news conference in Dar es Salaam after a closed-door meeting with the Vice-President of the World Bank for Africa Region, Mr Makhtar Diop, who is in the country for a working visit. Dr Mpango, on the other hand, said the Bretton Woods institution had agreed to form a joint committee with the government to undertake policy reforms towards overhauling of the cash-strapped Tanzania Electric Supply Company (TANESCO).”Tanzania requires reliable and affordable energy for its

“Tanzania requires reliable and affordable energy for its industrialisation agenda, but this cannot be possible in the presence of the loss-making Tanesco, there is a need for policy reforms in the energy sector,” he explained. There are as well ongoing projects on policy reforms to improve the business environment in Tanzania and capacity building in execution of Public-Private Partnerships (PPPs) projects under the World Bank funding.

“The World Bank has pledged to assist us to secure investors to construct to sixlane the Chalinze-Dar es Salaam stretch on PPP arrangement,” Dr Mpango remarked. He mentioned other ongoing World Bank funded projects and their amount in brackets as improvement of the business environment (80 million dollars), education sector (100 million dollars) and budget management and transparency (80 million dollars).

Reports

- Advertisement -spot_img

Intresting articles