AfDB Will Continue Funding Tanzanian Projects
The Africa Development Bank (AfDB) Director General for East Africa Regional Development, Gabriel Negatu, recently reiterated that the bank will continue supporting Tanzania’s development projects.
Tanzania News: Business – Investments – Economy
Tanzania GDP Growth Slow Down in Q1 2019 to 6.6%
The Tanzania National Bureau of Statistics (NBS) recently released its Highlights Of The First Quarter Gross Domestic Product (January – March) 2019 Report, which shows…
Stanbic Bank Tanzania and ICBC Launch I Go Tanzania to Spur Inclusive Growth Through Tourism
To cement trade ties, boost investment flows and encourage tourism between Tanzania and China, Standard Bank and the Industrial Commercial Bank of China (ICBC) have…
Dar Es Salaam Airport Inaugurate New Terminal 3
On 1st August 2019, Tanzanian President John Magufuli has inaugurated Terminal 3 of the Julius Nyerere International Airport (JNIA) in Dar es Salaam.
Construction of Rufiji Hydropower Project Start
On 26th July 2019 the President of Tanzania, Hon. Dr. John Magufuli laid the foundation stone for the construction of the Rufiji Hydropower Project (RHPP)…
East Africa Trade and Investment Hub Project Come to End
The East Africa Trade and Investment Hub (the Hub), a project of the United States Agency for International Development (USAID), is coming to a close…
Tanzania GDP Growth Slowed to 5.2% in 2018, WB Reveals
The World Bank (WB) has recently published its Tanzania Economic Update of July 2019, in which it estimates that using demand-side data, real GDP growth…
Tanzania to Deploy 60 Solar PV Mini-Grids
CrossBoundary Energy Access (CBEA), Africa’s first dedicated fund for commercial and industrial solar power (PV), has recently announced its first transaction to finance 60 mini-grids…
Tanzania Annual Inflation Increase to 3.7% in June 2019
The National Bureau of Statistics of Tanzania (NBS) indicates that the Annual Headline Inflation Rate for June 2019 has increased to 3.7% from 3.5% recorded in…
Tanzania North Mara Gold Mine May Get Export Permit
Acacia Mining (LSE: ACA), Tanzania’s largest gold producer, released a press release noting that its North Mara Gold Mine has received a letter from the…