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Its expected average annual output of 181 GWh whill meet the electricity needs of as many as 133,649 Kigoma households, bringing the region’s electrification rate more closely in line with the rest of the country.
In terms of road infrastructure, Morocco’s southern provinces now have a 9,300-kilometer network of paved roads, including 4,400 kilometers of national roads. In 1975, the region only had 350 kilometers of roads.
Listening to Sakina Hassanali (pictured), the head of development consulting and research at HassConsult talk about real estate quarterly indexes can be mind boggling to the uninitiated.
According to Mohammed VI Polytechnic University, the projet will encourage entrepreneurs to launch startups, as it reduces investment risks.
The World Bank said that the objective of the additional financing is to adapt the program to address new priorities of transport, including those linked to the impact of COVID-19.
The Egyptian government targets to inject about LE 136.4 billiob, equivalent to 18.5 percent of the country’s total investment plan for fiscal year 2020/21, in the urban development sector, according to Minister of Planning and Economic Development, Hala El-Said.
Egypt's Minister of Transport, Kamel El-Wazir held a meeting Sunday via video conference with his Sudanese counterpart Hashem Ibn Auf, in the presence of the Sudanese ambassador in Cairo, to discuss strengthening joint cooperation in the various transportation fields.
Total capital investment in the project comes at USD 26 million over a 24-month construction period. The investment will be funded by Shanta’s internal cash flows. Expected annual production is projected at 32,000 ounces over an initial life of mine of seven years.
The bank noted that this investment marks the EBRD’s second investment into an Egypt-focused private equity fund, with the first being Ezdehar Egypt Mid-Cap Fund in 2016.