Arab Contractors won a tender to build a USD 3 bn hydroelectric dam over Tanzania’s Rufiji River, according to an Ittihadiya statement. Elsewedy Electric and Arab Contractors were among the five companies shortlisted for the 2.1 GW project, which will be financed by the Tanzanian government. Tanzanian President John Magufuli delivered the news to President Abdel Fattah El Sisi in a phone call yesterday, and also invited him to attend the groundbreaking ceremony.