Tanzania considers reviving $10 billion port project
PRESIDENT Samia Suluhu Hassan has announced that Tanzania will look to revive a $10 billion stalled port project on the eastern coast of the country. Tanzania inked a framework agreement in 2013 with China Merchants Holdings International to construct the port and a special economic zone that aimed to transform the east African country into a trade and transport hub to rival its neighbours. The government of the late president John Magufuli, whom Hassan succeeded after he died in March, had complained that the conditions proposed by the investors, which included Oman's State General Reserve Fund, were commercially unviable. China…