Business and investment in

Africa

Africa is the 2nd continent on Earth in area with a great amount of natural resources.  There are more than 50 countries with fast growing economies and 1.5 bln population here. Africa today offers big opportunities for business and investment.

New transport corridor opened in Tanzania

 

 

The President of the United Republic of Tanzania, Samia Suluhu Hassan, and the President of the African Development Bank Group, Sidi Ould Tah, opened the second rapid bus service line in Dar es Salaam.

 

The new corridor includes 20.3 kilometers of dedicated highway, two flyovers, 26 stops, a large bus depot, a pedestrian bridge and improved conditions for pedestrians and other road users.

 

The African Development Bank Group and the Africa Growing Together Fund financed the project with $155 million, and the Tanzania National Roads Agency implemented it.

 

The first rapid bus service line in the capital of Tanzania was opened in October 2025. As a result, travel time on one of the busiest routes in the city was reduced from 90 to 30 minutes, and the number of passengers tripled to about 90,000 people per day.

 

AFRICAN DEVELOPMENT BANK