Tanzania inaugurates $2.9B hydropower project built by Egyptian consortium

Tanzania on Saturday inaugurated the Julius Nyerere dam and hydropower plant, a $2.9 billion project built by an Egyptian consortium over five years, Anadolu reports. Egyptian Prime Minister Mostafa Madbouly attended the inauguration ceremony on behalf of President Abdel Fattah al-Sisi. Located on Tanzania’s Rufiji River, the project has a generation capacity of 2,115 megawatts and is designed to…