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April 22, 2008

East Africa gets $1.5 billion for infrastructure

NAIROBI (Reuters) - The African Development Bank (AfDB) will give $1.5 billion to five countries in east Africa to improve roads, bridges and railways over the next three years, the bank's regional head said.

Three of the five countries in the regional bloc, -- Uganda, Burundi, and Rwanda -- are landlocked and rely on Kenya's Mombasa and Tanzania's Dar es salaam ports to export and import essential goods.

Full Story...

Posted by boyang at April 22, 2008 10:59 AM