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Egypt to take charge of Tanzania dam construction

Egypt and Tanzania recently signed a contract allowing Egyptian companies to build a hydroelectric dam in the African country, which experts say will help boost Egypt’s economy.
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Egypt is gaining a foothold in Africa by launching giant developmental projects in the continent in an attempt to restore its leading position in the region and open up a large market that can boost the country’s exports as well as the national economy.

On Dec. 12, Egyptian Prime Minister Mostafa Madbouly and Tanzanian President John Magufuli signed a contract for a major hydroelectric dam project in the Rufiji River Basin in Tanzania.

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