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Economy

The Abu Dhabi Fund for Development (ADFD) has inked a AED169mn (US$ 46mn) loan agreement to construct a vital 77km highway linking two of the most important cities in Tanzania: Kidaho and Ovinza. This road is part of a key highway linking the western part of the country with Dar as Salam in the east.

The IFC funds will be spent across sub-Saharan Africa’s energy and transport sectors. (Image sources: sxc.hu)

The International Finance Corporation (IFC) has announced that it will offer US$4.3bn to Africas energy and transport sectors 

Jacob Zuma. (Image source: South African Government Communication and Information System)

South African president, Jacob Zuma, has announced a US$97 billion, three-year building programme that will see roads, ports and access to utilities upgraded and coal and other mineral deposits exploited more effectively

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