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Egypt has confirmed that it will be constructing a mega meat processing plant in Tanzania. This will provide a relief to livestock keepers since they will be able to sell their livestock at better prices.
Egyptian President Abdel Fattah el-Sisi confirmed the news after having bilateral talks with President Magufuli of Tanzania while on a visit to Dar es Salaam.
Vast meat market
Egypt has a vast meat market and this will eventually provide market to the Tanzanian livestock keepers. On the other hand Tanzania has one of the largest livestock populations in Africa with 13.5 million herds of cattle.
Additionally, it has 5.5 million goats, 3.6 million sheep, 0.4 million pigs and 23.2 million chickens. This is according to statistics by the Ministry of Agriculture, Livestock and Fisheries.


Meat processing in Tanzania
The livestock sector in Tanzania undoubtedly is of greater importance in many respects. It plays roles from creating jobs, increasing hard currency inflow to technology and knowledge transfer and various incentives are attached to elicit those involved in the sector.
Apart from setting the meat processing plant, Egypt has also expressed interest in investing in among other things; education, health, defense and security, tourism and agriculture.
“The tourism sector is also among the sectors which we have agreed to improve by boosting the number of tourists. Egypt attracts over 10 million tourists annually while Tanzania is attracting less than 2 million only,” said Magufuli,
He concluded that the two countries have mutually agreed to promote tourism through their national airlines.
Potential investments in the livestock sector
There are potential investments and trade opportunities in the livestock sector in Tanzania. The Government has taken initiatives in facilitating investment undertakings in various sectors of the economy. Conducive investment policies and regulatory frameworks are in place.
Private sector are encouraged to proactively get engaged either individually, through joint ventures and through Public – Private Partnership (PPP) in order to capture available opportunities.

SOURCE: CONSTRUCTION REVIEW










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The US Trade and Development Agency has approved a $1.05M grant to support a feasibility study for Zambia’s first wind power plant. The funding was awarded to renewable power project developer, Access Power and its strategic partner, EREN Renewable Energy.
The $275 million wind farm will generate around 500GWh of clean electricity. This will make it one of the largest renewable energy projects in sub-Saharan Africa and the first independent wind power plant in Zambia, a joint press release stated.

First wind power plant
According to USTDA’s acting director, Thomas R. Hardy, the project will help diversify Zambia’s energy generation mix.
“Zambia relies on hydropower for its energy needs. This accounts for 96% of the country’s electricity production,” he further stated.
However, last year the country experienced a serious energy shortage. This was due to the poor 2014-2015 rain season, which resulted in a steep drop in electricity production. The country is now seeking to diversify its generation mix to hedge itself against variations in rain levels.

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Aspects such as cost of housing finance, imported building materials, land use and tenure system highly influence affordable housing costs. Furthermore, lack of basic infrastructure and other amenities also worsens the situation for those who want to buy or build.
However, there are ways and means by which this delivery cost could be taken down in reduction to as much as 50%. This is according to Federal Mortgage Bank of Nigeria (FMBN) MD/CEO Ahmed Dangiwa.
Dangiwa believes that this will only come to pass in the intervention of the Federal Government. This, according to him is through unlocking land at the right location and value engineering and industrial approaches to reduce construction costs. The government could also increase operations and maintenance efficiency.

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Missouri's proposed rendering of the new south end zone structure at Memorial Stadium.
The University of Missouri System Board of Curators will vote on approval for the $98 million south end zone complex at Memorial Stadium during its meeting Friday, the board announced Wednesday. The meeting will take place over teleconference, starting at 10:30 a.m.
In February, the board voted to approve the design costs of the three-story facility project. The athletics department was expected to present the board its funding plan by late summer.
According to MU's proposal, long-term debt financing will not exceed $57.2 million. MU has raised $48 million in private pledges for the project. From that total, MU has allowed for $5 million in uncollectible pledges and another $3 million in interest for the long-term financing.

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Nigeria’s phase one of Abuja Rail Mass Transit Project set for commissioning in December 2017. This is according to the China Civil Engineering Construction Corporation, (CCECC).
The project cost
Kong Tao, Project Manager addressed the journalists touring the site at Idu, Abuja. During his press briefing Mr. Tao said that the rail transit, cost is US$823mn. The project consists of lots 1A and 3, covering 45km with 12 designed passengers’ stations.
Additionally, the rail project connects the Nnamdi Azikiwe International Airport all the way to the Central Business District. Also, the line of the rail mass transit is a double-track line of right side running, and standard-gauge is 1435mm.
However, construction work on the large-scale project is smoothly on-going. In November 2017, test-run will be carried out on the project prior to commissioning for public usage in December.

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Tullow Oil, a British company, has now started oil and gas exploration in northern Zambia; this is after the government sent soil samples sent to European laboratories revealed traces of crude.
Zambia does not produce oil but have been trying to move into other commodities to insulate it from price shocks.
Copper mining earns the country more than 70% foreign exchange. However, want to diversify its economy and reduce its over-reliance.
Tullow Executive Vice President Ian Cloke said in a speech during the launch that exploration would take between two and ten years. On the other hand, development will take three to ten years and production 20-50 years.


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The government of Zambia has awarded Tahal Group, Israel’s infrastructure company US$176mn for the development of a large-scale agriculture and water project.
The wide-ranging project aims to see Tahal, and its partner ZRB Consulting Finance & Development Limited, plan and construct a 14,000-acre agricultural settlement in the African nation.
The settlements include hundreds of private and commercial farms with full power and water infrastructure. The Israeli company is also entitled to develop roads, drainage and irrigation systems, greenhouses and poultry houses.
However, the three-year project involves the construction of packing and storage structures, a marketing center, agricultural machinery, laboratories and facilities for “community, education, health and social and other services.
The announcement comes amid a broad Israeli government push to expand the Jewish state’s influence in Africa. This is due to Prime Minister Benjamin Netanyahu’s historic trips to the continent in June and in 2016.

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3,800 hostels worth US$ 68m are set to be constructed in Nairobi, Kenya. The project will help bridge the current student housing gap in the country.
Acorn Group and UK- based private equity fund Helios are the companies behind the mega development. Moreover, International Finance Corporation (IFC) will partly fund the construction of the hostels.
This is a good initiative that will aid in the reduction of deficit in affordable student accommodation; this is according to IFC which plans to fund the project with a whopping US$ 40m.
 “The step will help reduce the deficit in affordable accommodation for those in tertiary institutions and those newly out of college but cannot afford to buy property for themselves”, IFC said.
The first beneficiaries of the hostels will be USIU-Africa, Strathmore and Daystar universities. These are the universities where the investors have already acquired acres of land for commencement.

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The government of Mauritus has announced it is going to construct a second passenger terminal. Construction work on the terminal is to commence in 2019 and end in 2020. The project aims to modernize the transport sector in the country.
Pravind Kumar Jugnauth, Mauritus prime minister announced this during the cocktail ceremony on the occasion of the 50th anniversary of Air Mauritius on 11 August 2017.
Nonetheless, Air Mauritius has played an important role in transforming the air connectivity in the country. According to the Prime Minister the company helped in bringing Mauritius closer to its main markets. Thus giving motivation to key sectors of the economy.
Air Mauritius is the national carrier of Mauritus. The company aims to support government policies in terms of connectivity with the rest of the world. In particular spurring the growth and development of a nascent tourism industry.

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The construction of a new power plant project in Guinea has commenced. The plant will increase energy control efforts, add power to the country and stabilize the national electric grid.
Abu Dhabi Fund for Development (ADFD) has already provided US$ 18m of funds which is part of a larger amount totaling to US$ 90m.
The funds
Eventually, the funds will cover 80 per cent of development projects across the country. The project constitutes of control rooms, offices, supervisory control and data acquisition (SCADA) network.
Moreover, the funds will cater for training for operations and maintenance personnel, installation of sufficient hardware for purposes of communication with 24 power stations and substations.

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At least 600 people are still missing following a mudslide and flooding that devastated parts of Sierra Leone's capital, Freetown, a spokesman for the president has told the BBC.
President Ernest Bai Koroma has declared seven days of mourning while pleading for "urgent support".
Nearly 400 people are confirmed dead after a mudslide in the Regent area and floods elsewhere in Freetown on Monday.
The Red Cross has warned it is a race against time to find survivors.
Presidential spokesman Abdulai Baraytay told the BBC that bodies were still being pulled from the mud and rubble.
However, a planned a mass burial of victims on Wednesday to free up space in mortuaries has been delayed, the BBC has learned.
The BBC's Martin Patience, who is in Freetown, said workers there say they have been overwhelmed by the scale of this disaster. He described the rescue effort so far as "chaotic".
 

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