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US firms invest $25M in L.Victoria transport

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Uploaded by on Jun 29, 2011

http://www.ntvuganda.co.ug
US- Based investors have sunk an initial 2.5 million dollars into an alternative ferry service on Lake Victoria. Earthwise, a seattle based company intends to start a passenger services ferry between the islands on the lake and the mainland and later go into freight. The services will be extended in the entire East African region especially in the lakeside town of Kisumu in Kenya and Mwanza in Tanzania.

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