Cameroon to benefit from construction of a multi-functional laboratory complex

The Republic of Cameroon, a country on the Gulf of Guinea in the central region of Africa is set to benefit from the construction of a multifunctional laboratory complex dedicated to the analysis and control of the quality of food, pharmaceutical, textile, electronic, chemical and construction products.

The project is being carried out by Mediline Medical Cameroon, a subsidiary of South Korean firm Mediline Korea on an approximately 2 hectares piece of land in the locality of Missolé I, the Department of Sanaga-Maritime in the coastal region of Littoral.

The construction of a multifunctional laboratory complex is expected to be complete by the end of this year according to Sung Uk Yoon the project coordinator.

Tanzania secures US $272m for construction of an international airport

The government of Tanzania has announced to have secured US $272m loan from African Development Bank (AfDB) to construct an international airport in its capital city Dodoma.

The project is part of programme to expand the East African nation’s infrastructure. It will be built in Msalato, 12 km from Dodoma. It will include a passenger terminal, runway and related infrastructure.

The new airport project which will take approximately four years for construction, will have a capacity to handle 1 million passengers annually and will have a runway of just over 2km in length. Project funding The funding package comprises a US $198.6m loan from the AfDB, US $23.52m from the African Development Fund, and US $50m in co-financing from China’s Africa Growing Together Fund, which the AfDB manages.

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Economic 'game changer'? African leaders launch free-trade zone

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NIAMEY (Reuters) - African leaders launched a continental free-trade zone on Sunday that if successful would unite 1.3 billion people, create a $3.4 trillion economic bloc and usher in a new era of development.

After four years of talks, an agreement to form a 55-nation trade bloc was reached in March, paving the way for Sunday’s African Union summit in Niger where Ghana was announced as the host of the trade zone’s future headquarters and discussions were held on how exactly the bloc will operate.

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