ALGIERS, ALGERIA, Sept. 4 -- TANZANIAS Julius Nyerere Hydropower Project (JNHPP) on the Rufiji River is being hailed as a centerpiece of African cooperation as the fourth Intra-African Trade Fair (IATF2025) opened Thursday in Algiers.

Leaders and officials attending the weeklong trade showcase said the 2.9bn US dollars project illustrates how collaboration under the African Continental Free Trade Area (AfCFTA) and regional financial institutions can turn ambitious ideas into reality.

Prof. Benedict Oramah, president and chairman of the African Export–Import Bank (Afreximbank), told delegates that when Tanzania first proposed the project to generate more than 2,000 megawatts of power, improve flood control, and support farmers, it ...