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The African Development Bank Group Supports Power Trade between Kenya and Tanzania ADF USD 144.9 million Loan to Kenya — Tanzania Power Interconnection Project

The Board of Directors of the African Development Bank Group (AfDB) approved an African Development Fund (ADF) Loan of USD 144.9 million1, to Kenya - Tanzania Power Interconnection Project.
The project will allow the two countries to exchange power. In addition, the Kenya-Tanzania Interconnection Project plays an important role in promoting regional integration through power trade.
The project is expected to improve the supply, reliability and affordability of electricity in the...

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11 years ago

Michuzi

WORLD BANK SUPPORTS TANZANIA'S EFFORTS TO STRENGTHEN THE BUSINESS CLIMATE AND MAKE THE POWER SECTOR FINANCIALLY SUSTAINABLE

The World Bank’s Board of Executive Directors has approved two operations from the International Development Association (IDA*) to help Tanzania strengthen its capacity to manage public expenditures, its business environment, and the financial sustainability of the power sector. 
Both operations aim to accelerate inclusive economic growth and pave the way for shared prosperity and reduced poverty.
The IDA credit of US$85 million for the Eleventh Poverty Reduction Support Credit (PRSC 11)...

 

10 years ago

TheCitizen

3 African nations sign power deal interconnection effected

Tanzania, Kenya and Zambia have formalised the much-waited East African Power Pool (EAPP).

 

9 years ago

TheCitizen

Sh210bn for Kenya-TZ power project

The government of Japan has offered a 11.8 billion Japanese Yen (Sh210 billion) loan for the Kenya-Tanzania power interconnection project.

 

11 years ago

TheCitizen

If Tanzania were to devolve power like Kenya, this is how it might look

A friend who just returned to Nairobi from an extended Easter break came back with a different outlook that tells us a lot about how countries like Kenya and others in the region like Tanzania are changing or will change.

 

10 years ago

TheCitizen

Firm targets a million homes by 2017 in solar power project

A solar leasing company, Off Grid Electric, is targeting one million Tanzanian households by the end of 2017, in its latest plan to supply safe and reliable solar electricity to rural dwellers.

 

9 years ago

TheCitizen

Kikwete unveils Tanzania’s largest solar power project

President Jakaya Kikwete yesterday launched the country’s largest solar energy project as well as a College of Renewable Energy and Sustainability at the University of Dodoma (Udom).

 

10 years ago

Michuzi

World Bank Mobilizes US$45 million to Help Create Better Development Prospects for Tanzania

WASHINGTON, —The World Bank Group’s Board of Executive Directors approved today a new US$45 million credit for Tanzania to improve the socioeconomic impacts of large and small-scale mining for the country and people. It will also help increase private, local, and foreign investments.
“This project shows the World Bank's commitment to support Tanzania’s efforts to allocate mining resources equitably, especially to the poorest through a focus on artisanal and small-scale mining," said Philippe...

 

9 years ago

Dewji Blog

TANESCO’s MD to address Tanzania’s leading investors at forum for power sector development this December

221015

As Tanzania’s leaders are praised for its peaceful handling of elections, an increasing number of projects are appearing which show case a country that is maturing, growing in confidence and cooperating with the right kind of partners to help it achieve its long term goal of becoming a regional hub.

The Powering Africa: Tanzania investment briefing will take place from 3-4 December at the Hyatt Regency Dar es Salaam hotel. The meeting is designed for professionals active in Tanzania’s power...

 

11 years ago

GPL

IFC AND CRDB BANK SIGN LANDMARK $75 MILLION LOAN AGREEMENT, COMMIT TO SUPPORT SME AND AGRIBUSINESS SECTORS IN TANZANIA

   Mr Sunday Shomari of VOA's Swahili Service (left) chats with senior officials from the Treasury before the signing ceremony of  a landmark $75 million loan agreement signing ceremony with the International Finance Corporation (IFC) aimed at providing support to small businesses, particularly those owned by women, as well as to farmers and agribusiness in Tanzania held at the IFC headquarters in Washington DC on...

 

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