Market News

Tanzania will finally begin the Construction of long-awaited Bagamoyo Port this December, marking the end of a 10-year delay and ushering in one of the country’s most ambitious construction undertakings.The government confirmed that all preparations are complete for the launch of construction work . . .

The enormous spike in ongoing construction projects around the country has created new opportunities for local engineers, attracting thousands to national development initiatives that were formerly dominated by foreign specialists. A growing pattern not only enhances professional expertise at home, . . .

President Samia Suluhu Hassan has begun a historic education initiative by laying the groundwork for one of 103 projected vocational secondary schools across Tanzania, with a total cost of 41.6 billion/-. The formal launch was held at Amali-Mwamapalala Secondary School in Itilima District, Simiyu Re . . .

The African Development Bank (AfDB) has committed US$2.5 billion to fund critical infrastructure projects in Tanzania, with over 70% allocated to transport-related developments such as roads, railways, and airports. According to Eng. Mumina Wa-Kyendo, Chief Transport Engineer at the AfDB Tanzania Of . . .

The Arusha International Conference Centre (AICC) has entered into a cooperation agreement with the Public Service Social Security Fund (PSSSF) for the construction of the Mount Kilimanjaro International Conference Centre (MKICC), an a cutting-edge conference Centre valued at more than Sh385 billion . . .