Africa54

By Francis Mugerwa, Kampala Kampala — The East African Community (EAC) needs $78b (about Shs282 trillion) in the next 10 years to fund more than 200 infrastructure projects in the five-member states. Under the projects, the key ones including the Standard Gauge Railway, hydropower, oil and gas projects across the region, are to cost $62.2b (about Shs224 trillion). Leaders from Uganda, Tanzania, Kenya, Rwanda, Burundi and South Sudan, who met yesterday in Kampala, said the revenue will be internally and externally raised through borrowing and also Public Private Partnership (PPP). However, the leaders disagreed on which projects the PPP model should be used for.                                        Burden President Museveni said the PPP model was not working well because private investors were borrowing expensive capital to invest in infrastructure projects such as hydropower generation, which in the end burdens consumers. "PPP is good, but

By Special Reporter, Nairobi and Dar es Salaam FIFA President, Gianni Infantino has commended the Fifth Phase Government of President John Pombe Magufuli’s efforts in combating corruption and embezzlement of public funds. Infantino extended this appreciation during a media round table discussion after concluding a one-day FIFA Executive Summit held at Julius Nyerere International Convention Centre (JNICC) in Dar Es Salaam on Thursday.  “I really appreciate the efforts done by the Government of Tanzania in fighting corruption in the country and we in the soccer world have emulated that,” said Infantino.  He said that FIFA will have zero tolerance to any person who misuses football related funds especially initiated by FIFA for football development adding that National Football Associations should be transparent in any financial transactions.  If the momentum on anti-corruption is maintained, Magufuli will top the region on anti-graft records. Comments from t