Trade

Tanzania and China Sign Five Memorandums of Understanding

October 21, 2013

1 minute read

Tanzania and China have signed a deal that will expand trade opportunities, training, and science and technology.

Prime Minister, Mizengo Pinda and his Chinese counterpart, Lei Keqiang signed the five memorandums of understanding (MoU) in Beijing this past week.

The MoUs include collaborations in science and technology, tourism, textile manufacturing, cotton production, and the construction of a Chinese Embassy in Dar es Salaam.

During his nine-day visit to China, Prime Minister Pinda thanked the Chinese government for the soft loans they have extended to Tanzania, saying that such loans have been easier to repay when compared to money lent from other countries.

He also announced that Tanzania would begin to pay China back a $24.6 million USD loan that was used to renovate the Tanzania-China Friendship Mills.

China-Tanzania

Sign Up for Our Newsletters

Receive our free updates on business and investments.

Samia Suluhu Hassan Tanzania Minister Wang Yi China

China Reiterates Support for Tanzania Infrastructure Projects, TAZARA, Water Supply, and Clean Cooking Initiatives With Concessional Financing

Tanzania's President Samia Suluhu Hassan met Chinese Foreign Minister Wang Yi in Dar es Salaam to discuss expanding trade, improving visa arrangements, and cooperation on TAZARA and infrastructure projects. The talks reaffirmed China’s support for Tanzania’s priority sectors and long-term bilateral partnership.

Tanzania Monthly Economic Review November 2025: Exports Up 13.1% Driven by Gold (+42.1%), Manufactured Goods, Tobacco, Cashew Nuts, and Coffee

Tanzania's exports of goods and services increased to USD 17.5 billion in the year ending November 2025. Gold exports rose by 42.1% to USD 4.7 billion, transport earnings rose by 37.3% to USD 2,772.4 million, and tourist arrivals increased by 9.9% to 2,315,478.

Tanzania Monthly Economic Review October 2025: Gold Exports Up 38.9%, Traditional Exports Up 25.2%, Tourist Arrivals Up 11.4%, Current Account Deficit Narrows to USD 2,217.8 Million

Tanzania's exports of goods and services increased to USD 17,048.7 million in the year ending October 2025. Gold exports rose by 38.9% to USD 4,596.5 million, traditional exports improved by 25.2%, and tourist arrivals increased by 11.4% to 2,324,387, boosting travel receipts to USD 6,910.8 million.

Tanzania Monthly Economic Review September 2025: Gold Exports Up 35.8%, Traditional Exports Up 38.3%, Tourist Arrivals Up 11.9%, Current Account Deficit Narrowed Notably

Tanzania's exports of goods and services increased by 14.8% to USD 17,094.2 million in the year ending September 2025. Gold exports rose by 35.8% to USD 4,431.2 million, traditional exports improved by 38.3%, and tourist arrivals increased by 11.9% to 2,315,637, boosting travel receipts.

The Latest

Tanzania and United States to Expand Cooperation on Strategic and Graphite Minerals Exploration

Tanzania’s GDP Growth Projected at 6.1% in Early 2026, Zanzibar to Expand 7.2%, Inflation to Remain Within 3–5%, Central Bank Says

Dar es Salaam Stock Exchange Week 3 of 2026: Commercial Services Index Surges +16.71% as MBP, TCCL, SWIS, and VODA Rally +52.42%, +23.60%, +18.52%, and +17.22%

Tanzania Revenue Authority to Launch Integrated Domestic Revenue Administration System to Curb Tax Evasion and Expand Tax Base

Tanzania and China Sign Five Memorandums of Understanding

Sign Up for Our Newsletters

Tanzania and United States to Expand Cooperation on Strategic and Graphite Minerals Exploration

Tanzania’s GDP Growth Projected at 6.1% in Early 2026, Zanzibar to Expand 7.2%, Inflation to Remain Within 3–5%, Central Bank Says

Dar es Salaam Stock Exchange Week 3 of 2026: Commercial Services Index Surges +16.71% as MBP, TCCL, SWIS, and VODA Rally +52.42%, +23.60%, +18.52%, and +17.22%

Tanzania Revenue Authority to Launch Integrated Domestic Revenue Administration System to Curb Tax Evasion and Expand Tax Base

President Samia Unveils “Sovereign Pragmatism” Doctrine Shifting Tanzania From Aid to Trade and Value-Added Investment

Tanzania and China Sign Five Memorandums of Understanding

Sign Up for Our Newsletters

Related Posts