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Tanzania Business Insight

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Focused on business, finance & economy. We also dabble in politics occasionally as it affects the business environment. Contact us: [email protected]

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𝗜𝗡𝗙𝗥𝗔𝗦𝗧𝗥𝗨𝗖𝗧𝗨𝗥𝗘 𝗧𝗮𝗻𝘇𝗮𝗻𝗶𝗮 𝗰𝗼𝗺𝗽𝗹𝗲𝘁𝗲𝘀 𝗰𝗼𝗻𝘀𝘁𝗿𝘂𝗰𝘁𝗶𝗼𝗻 𝗼𝗳 𝗘𝗮𝘀𝘁 𝗔𝗳𝗿𝗶𝗰𝗮'𝘀 𝗹𝗼𝗻𝗴𝗲𝘀𝘁 𝗯𝗿𝗶𝗱𝗴𝗲 ◾The $300 million Magufuli Bridge on Lake Victoria will provide a crucial link between Tanzania and neighboring Uganda, Rwanda and Burundi ◾The 3.2-kilometre bridge will cut travel time at the area from 2 hours to just 4 minutes October 8, 2024 𝘽𝙮 𝙏𝘽𝙄 𝙍𝙚𝙥𝙤𝙧𝙩𝙚𝙧 Dar es Salaam Tanzania has completed the construction of the longest bridge in East Africa at a cost of around $300 million as the country continues to invest heavily in upgrading it's infrastructure. Construction of the 3.2-kilometre Magufuli Bridge on Lake Victoria was initiated by the former president in December 2019. President Samia Suluhu Hassan, who came into office in March 2021, is expected to officially inaugurate the mammoth project before the end of the year. The project was initially scheduled for completion in July 2023, but construction was delayed by the Covid-19 pandemic. Originally known as the Kigongo-Busisi Bridge, the Chinese-built mega infrastructure was renamed Magufuli Bridge in honour of the former president. The project is being developed by the China Civil Engineering Construction Group (CCECG) and China Railway. The bridge was entirely financed by the government of Tanzania through its own revenues. The People's Daily, the official newspaper of the Central Committee of the Chinese Communist Party (CCP), said construction of the bridge was completed on October 6. "As the last tank of cement was poured on Sunday, the construction of the Magufuli Bridge was completed by two Chinese companies in Tanzania's northwestern Mwanza region," the People's Daily said in an online post. "The Magufuli Bridge is the only extra-dosed cable-stayed bridge in the Lake Victoria region and the longest of its kind in Africa." The bridge will also become among the Top 10 longest bridges in Africa. The bridge connects Misungwi and Sengerema districts and provides a crucial link between Tanzania and neighbouring countries of Rwanda, Burundi and Ugabda 📽️ The People's Daily

𝗜𝗡𝗙𝗥𝗔𝗦𝗧𝗥𝗨𝗖𝗧𝗨𝗥𝗘 𝗧𝗮𝗻𝘇𝗮𝗻𝗶𝗮 𝗰𝗼𝗺𝗽𝗹𝗲𝘁𝗲𝘀 𝗰𝗼𝗻𝘀𝘁𝗿𝘂𝗰𝘁𝗶𝗼𝗻 𝗼𝗳 𝗘𝗮𝘀𝘁 𝗔𝗳𝗿𝗶𝗰𝗮'𝘀 𝗹𝗼𝗻𝗴𝗲𝘀𝘁 𝗯𝗿𝗶𝗱𝗴𝗲 ◾The $300 million Magufuli Bridge on Lake Victoria will provide a crucial link between Tanzania and neighboring Uganda, Rwanda and Burundi ◾The 3.2-kilometre bridge will cut travel time at the area from 2 hours to just 4 minutes October 8, 2024 𝘽𝙮 𝙏𝘽𝙄 𝙍𝙚𝙥𝙤𝙧𝙩𝙚𝙧 Dar es Salaam Tanzania has completed the construction of the longest bridge in East Africa at a cost of around $300 million as the country continues to invest heavily in upgrading it's infrastructure. Construction of the 3.2-kilometre Magufuli Bridge on Lake Victoria was initiated by the former president in December 2019. President Samia Suluhu Hassan, who came into office in March 2021, is expected to officially inaugurate the mammoth project before the end of the year. The project was initially scheduled for completion in July 2023, but construction was delayed by the Covid-19 pandemic. Originally known as the Kigongo-Busisi Bridge, the Chinese-built mega infrastructure was renamed Magufuli Bridge in honour of the former president. The project is being developed by the China Civil Engineering Construction Group (CCECG) and China Railway. The bridge was entirely financed by the government of Tanzania through its own revenues. The People's Daily, the official newspaper of the Central Committee of the Chinese Communist Party (CCP), said construction of the bridge was completed on October 6. "As the last tank of cement was poured on Sunday, the construction of the Magufuli Bridge was completed by two Chinese companies in Tanzania's northwestern Mwanza region," the People's Daily said in an online post. "The Magufuli Bridge is the only extra-dosed cable-stayed bridge in the Lake Victoria region and the longest of its kind in Africa." The bridge will also become among the Top 10 longest bridges in Africa. The bridge connects Misungwi and Sengerema districts and provides a crucial link between Tanzania and neighbouring countries of Rwanda, Burundi and Ugabda 📽️ The People's Daily

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