Browsing: Tanzania

Tanzania’s external trade performance has shown notable strength, led by sharp increases in gold export receipts and supported by rising services receipts.

The East Africa Commercial and Logistics Center (EACLC) streamlines trade, boosts wholesale markets and expands regional buyer networks.

Tanzania and Malawi’s agricultural import bans intensify trade tensions in Africa, impacting local businesses and the regional economy.

Tanzania’s regional exports surge due to opportunities presented by AfCFTA.

Tanzania can unlock unrealized export potential with the assistance of the government and private sector, according to the ITC.

In a significant move to bolster trade routes and economic ties between the Middle East and Africa, Abu Dhabi’s AD Ports Group has teamed up with Adani International Port Holding and East Harbour Terminals to acquire a substantial 95% stake in Tanzania International Container Terminal Services (TICTS).

In an effort to address hurdles that have impacted mining endeavors, Tanzania is rolling out measures to enhance the mining sector.

Tanzania has experienced a significant boost in its market base in Iran, with exports to the country increasing by 35% in the 2021/22 fiscal year.

Tanzania’s LNG venture gains interest as African nations secure stakes in the project, with Uganda already signing an MoU.

Tanzania is set to build Africa’s longest bridge spanning 50 kilometers to connect the mainland to the Zanzibar Islands, aimed at facilitating the movement of people and commerce.