President Magufuli with other former Tanzanian Presidents _Staff Writers, Dar and Cairo_ President John Magufuli of Tanzania on Friday 26th July, 2019 writes another history by launching the construction of the fourth biggest hydro dam in Africa and the biggest in East Africa. The 2,115 megawatts Rufiju Hydropower project to be officiated marks the fulfilment of the dream of the country's late Father of the Nation, Mwalimu Julius Nyerere. The project which is financed by taxpayers’ money at the cost of tsh 6.5 trillion ($ 3 billion) is expected to be completed by 2022. The government has already issued the biggest down payments worth tsh 688. 651/- billion ($309.645) for the purpose. According to the Permanent Secretary in the Ministry of Finance and Planning, Doto James, it is the first time for the government of Tanzania to issue such huge amount of money as down payments to finance its developmental project. Upon completion, the project which has the reservoir ...
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