Browsing: Tanzania
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.
E-mobility startups in Kenya have raised USD 53 million, but the number of EVs on the road lags behind Tanzania.
Tanzania and the UAE have held talks around strengthening trade and investment relations between the two countries.
Trade between the states is on the rise and the UAE is seeking to make investments in the southern African state.