Tanzania Business News

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Tanzania Business News

Business and investment news from Tanzania, updated daily.

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Tanzania Tourism

Interview with Devota Mdachi, Ag. Managing Director Of The Tanzania Tourism Board (TTB)

TanzaniaInvest interviewed Devota Mdachi, Acting Managing Director of the Tanzania Tourist Board (TTB), to learn about the Tanzania tourism products, the marketing strategy and the investment opportunities available in this

Tanzania Economy

Germany-Tanzania Bilateral Cooperation Strengthened With USD 175 Million For Biodiversity And Human Development

The German Embassy in Dar es Salaam, Tanzania has recently signed a USD 175 million agreement that will be partially awarded in cash and labor to enhance biodiversity and good

Tanzania Banking

Tanzanian Commercial Bank To Extend Focus On Lending To SMEs

Equity Group Holdings Limited (NSE:EQTY), a Kenya financial services provider, has recently announced that it is aiming at raising its focus on Small and Medium-Sized Enterprises (SMEs) in Tanzania and

Tanzania Agriculture

Tanzania To Implement Climate-Smart Farming Techniques To Boost Agriculture Sector

Tanzania’s Ministry of Agriculture, Food Security and Cooperatives has recently announced that it will soon release the Climate-Smart Agriculture Guidelines program on the Ministry’s website, meant to improve smallholders’ farming

Tanzania Industry

Chinese Heavy Duty Machinery Group Launches New Distribution Facility In Tanzanian Export Processing Zone And Aims At Local Manufacturing

AVIC-SHANTUI Tanzania Limited (SHANTUI), a Chinese company involved with manufacturing and commercializion of heavy duty machinery and equipment, has recently launched a distribution facility at Benjamin William Mkapa Export Processing

Tanzania Transport

Tanzania-Zambia Railway Tazara Receives 4 News Locomotives And 18 Wagons From China To Improve Service

The Tanzania Zambia Railway Authority (TAZARA) has recently received four new mainline locomotives and eighteen passenger wagons worth USD 22.4 million from China South Locomotive & Rolling Stock Corporation QISHUYAN

Tanzania Energy

Mnazi Bay Exploration Partners Receive First USD 3.8 Million Payment For Gas Sales To Tanzania Transnational Pipeline

Wentworth Resources Limited (OSE:WRL), a Norwegian energy company focused in Tanzania and Mozambique, has recently announced that a first gross payment of USD 3.8 million has been received from Tanzania

Tanzania Insurance

Sanlam Group To Develop Tanzania Insurance Industry With NIKO Rebranding

Sanlam Group (JSE:SLM), a South Africa based provider of life and general insurance and financial services with focus on emerging markets, has recently announced the rebranding of NIKO Insurance Tanzania

Tanzania Capital Markets

Dar es Salaam Stock Exchange Weekly Report: November 16th – 20th, 2015

According to CORE Securities Dar es Salaam Stock Exchange (DSE) Weekly Market Report for the week ended Friday November 20th 2015, the market total turnover was TZS 4,288,383,900.

Tanzania Energy

Dutch Company To Extend Solar Power Micro-Grids In Rural Tanzania

Developing Energy (Devergy), a Netherlands-based developer of solar power micro-grids, has recently received an investment from three global institutions to develop, implement and test high efficient, reliable and affordable solar