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Baker McKenzie acted as Lenders Legal Counsel to Standard Chartered Bank and the other lenders, development finance institutions and export credit agencies on the US$1.46-billion financing to the Government of the United Republic of Tanzania (acting through the Ministry of Finance and Planning) in connection with the construction of the Standard Gauge Railway (SGR) Project from Dar es Salaam to Makutupora. The project is being constructed by Yapi Merkezi under an EPC Contract signed between Tanzania Railway Corporation and Yapi Merkezi.
Luka Lightfoot, Partner in the Banking & Finance Practice at Baker McKenzie in London, explained, “It was incredibly rewarding to advise our clients on this major transport infrastructure project in Tanzania. Running approximately 550 kilometres long, the SGR project is one of the country’s biggest projects connecting Dodoma to Dar es Salaam via Morogoro and Makutupora. Once complete, it will provide a safe and re
Issuing Presidential Statement, Security Council Expresses Concern about Devastating Impact of COVID-19 on Africa, Urges Greater Cooperation (S/PRST/2021/10)
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Pandemic Feeding Many Drivers of Conflict, Instability Says Secretary-General
Despite having suffered some of the COVID-19 pandemic’s worst socioeconomic impacts including inflated debt burdens, job losses and worsening conflicts Africa has to date received just 2 per cent of vaccine doses produced globally, the Security Council heard today, as it convened a high-level virtual debate on addressing the root causes of conflict in the continent’s post-COVID-19 recovery process.
Through a presidential statement (document S/PRST/2021/10) issued at the meeting’s outset by Wang Yi, State Councillor and Minister for Foreign Affairs of China, which holds the 15-member Council’s rotating Presidency in May delegates expressed their concern over those developments. They reiterated the need to enable equitable acc
Creating bold social-economic impact in African nations through the E
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Creating bold social-economic impact in African nations through the E
ON the occasion of its inauguration in Durban, South Africa back in July 2002, the African Union embarked on a course to transform and integrate the continent by forming the Economic, Social and Cultural Council of the African Union (ECOSOCC).
The aims and aspirations of the new body were a response to the calls for democracy anddevelopment from Africa’s vibrant civil society institutions.
However, the impulse was not for the African Union to adopt a role of organizing civil societies through ECOSOCC but a body in which civil society organizations would organize themselves to work with the parent organization AU.
Learning Kiswahili is key for Uganda
Monday May 17 2021
Summary
First is the one-day State visit of Her Excellency Samia Suluhu Hassan, President of the United Republic of Tanzania, to Uganda and second is her recently concluded two-day State visit to Kenya.
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There are two recent events within our East African region that inspired me to pen down my reflections on the Kiswahili language.
First is the one-day State visit of Her Excellency Samia Suluhu Hassan, President of the United Republic of Tanzania, to Uganda and second is her recently concluded two-day State visit to Kenya.
It was interesting to me that the language used during the presidential addresses in both events was Kiswahili, which happens to be the official language for Tanzania and national language in Kenya.