Koborer
JF-Expert Member
- Apr 6, 2012
- 1,020
- 272
In Summary
- Analysts said the governments determination to push through the debt by year end appears meant to capitalise on investor thirst for East African debt.
- Tanzania intends to fund the $1.23 billion Mtwara gas-pipeline project, a $10 billion port at Bagamoyo, new roads, railways and power plants with the funds raised.
- Tanzanias was first expected to issue the Eurobond two years ago but this was dropped because of the global economic crisis.