Tanzania’s energy regulator said it’s considering expressions of interest by two companies to each build a 200-megawatt gas-fired power plant that will help reduce an energy deficit in the East African nation.
The African Development Bank and UN’s Economic Commission for Africa are studying ways to boost coffee production on the continent, Frederick Kawuma, secretary general of the Inter-Africa Coffee Organization, said.
Tanzania may delay its debut Eurobond until its next fiscal year after a delay in getting a risk assessment by Citigroup Inc. slowed the issuing of credit ratings, Finance Ministry Permanent Secretary Servacius Likwelile said.
Municipal officials in Harare, Zimbabwe’s capital, may have cost the city over $100 million by inflating the cost of equipment needed for water and sewage plants, the state-controlled Herald newspaper said, citing Peter Morris, a consulting engineer hired to assess the project.
Boru Sora stood in front of a pile of tree trunks and rocks in the middle of the road as he explained why he and other residents of his village in northern Kenya are blocking a key trade route to neighboring Ethiopia.
Zimbabwe signed a $53.4 million grant agreement with the African Development Bank to rehabilitate the country’s infrastructure, covering power, water and transport, Finance Minister Patrick Chinamasa told reporters in the capital, Harare.