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    BREAKING NEWS
    A twin Currency Trade Finance Line of Credit of $50 Million and €50 Million has been validated by the Board of Directors of the African Development Bank Group and the ECOWAS Bank for Investment and Development
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    Sh650 Billion have been conserved by the Administration of Tanzania for the 4th and 5th Phase of Tanzania’s Bus Rapid Trust Network

    Posted On 03 Jan 2023
    By : New Africa Business News, Staff Correspondent
    Comments: 10

    By Abdul Rahman Bangura-

    Dar es Salaam’s new bus transit system
    Photo Credit: flickr.com

    NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- Edwin Mhede – Chief Executive let out, World Bank had broadened $97.7 million (Sh219 billion) for the commission of the fourth phase between Tegeta through Bagamoyo and Ali Hassan Mwinyi boulevards and Bibi Titi Road in the city centre.

    The administration has Furth more ensure 178 million euros (Sh427 billion) from the French Development Agency (AFD) for the construction of phase five, that will commence at the Kijazi Interchange in Ubungo through Mandela Road. The highway will similarly give birth to a tributary to Segerea.

    The introductory phase has been functional since 2016, while construction of the second phase has reached over 90%, with the commission of the third phase presently in advancement. In totality, BRT will be constructing six phase highways.

    Dr. Mhede announced the tender strives to identify six-phase contractors that would embark on the fourth and fifth phases had already been announced.

    “Identification of residents who will be affected in the fourth phase has been finalized, and we are in the process of conducting a similar exercise for the fifth phase,” he said.

    Dart transport planning manager Mohamed Kuganda said the two phases would be constructed simultaneously because funding had come from two different contractors.

    Work on the 25.9-kilometer fourth phase will include the construction of a terminal at Kivukoni that will accommodate buses plying the Tegeta, Mbezi and Gongolamboto routes.

    “A bus terminal or platform terminal is where a route starts and ends, so Kivukoni will be extended to accommodate terminal routes for the said phases. The construction of two bus terminals will be undertaken during the fourth phase,” Kuganda told.

    He expanded that, the duration of Bagamoyo Road is 25.9 kilometers, and another four kilometers would be augmented because a terminal would be constructed at Boko.

    “At first, the terminal was to have been constructed at Tegeta Kibo, but we have changed the plan, and the terminal will now be built at Boko near the Dawasa (Dar es Salaam Water and Sewerage Authority) offices since this is an area with more people than Tegeta Kibo.”

    Kuganda said Dart would construct a phase four depot at Mbuyuni near the Kunduchi crossroad, while a fifth phase depot would be constructed at Temeke Mwisho, amplifying that the agency was looking for other places to build more depots.

    Dart anticipates that 889,000 people will commute daily on phase five routes by 2030, while 698,000 commuters will use phase four routes everyday. Kuganda announced an aggregate of 590 buses would wield phase four routes upon their fulfillment, with 240 of the vehicles being articulated or trunk buses, while the rest would be feeder buses.

    The fifth phase will have 430 buses for both trunk and feeder services.

    “The number of buses will increase significantly by 2030 because the number of commuters will also increase,” he noted.

     

    For New Africa Business News (NABN) Abdul Rahman Bangura Reports,  Africa Correspondent

    About the Author
    New Africa Business News Staff Correspondent
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    10 Comments

    1. Kelly January 3, 2023 at 2:27 am Reply

      Happy new year and let’s continue the great job, we did in 2022. Kelly in Nairobi KENYA

      • New Africa Business News, Staff Correspondent January 3, 2023 at 2:46 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    2. Hope January 3, 2023 at 2:30 am Reply

      Thank you new Africa news you are the best. Dar es Salaam, Tanzania. Hope

      • New Africa Business News, Staff Correspondent January 3, 2023 at 2:45 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    3. Selma January 3, 2023 at 2:33 am Reply

      The only thing that worries me is the loans for this project. Why loans? Your former Great President will never take this loan. Selma in Johannesburg, South Africa

      • New Africa Business News, Staff Correspondent January 3, 2023 at 2:45 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    4. Tency January 3, 2023 at 2:35 am Reply

      Thank you for the newsletters. Happy 2023. Tency in Harare Zimbabwe

      • New Africa Business News, Staff Correspondent January 3, 2023 at 2:44 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    5. Dola January 3, 2023 at 2:38 am Reply

      These high interest foreign loans will never develop a Country. Time to divorce foreign loans. We are not poor. Happy New Year. Lagos in Nigeria. Dola

      • New Africa Business News, Staff Correspondent January 3, 2023 at 2:43 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

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    A twin Currency Trade Finance Line of Credit of $50 Million and €50 Million has been validated by the Board of Directors of the African Development Bank Group and the ECOWAS Bank for Investment and Development

    $100 Billion in Investment is needle for the Modernization and Harmonization of Regulatory Framework to boost Africa's established Broadband Coverage by 2030

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    • A twin Currency Trade Finance Line of Credit of $50 Million and €50 Million has been validated by the Board of Directors of the African Development Bank Group and the ECOWAS Bank for Investment and Development
    • $100 Billion in Investment is needle for the Modernization and Harmonization of Regulatory Framework to boost Africa’s established Broadband Coverage by 2030
    • Nigeria Launches National Domestic Payments Card Program
    • In Guinea-Bissau, ECOWAS Parliament held a 3 Day Seminar on the Adoption of a Single Currency for Member African States
    • $30 Billion has been pledged by the African Development Bank and Development Partners to Finance Food and Farming in the Next Five Years

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