Market News
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China pledges to deepen military cooperation with Tanzania
Posted on :Wednesday , 23rd November 2016
DAR ES SALAAM -- China is willing to work together with Tanzania to constantly deepen bilateral military cooperation and boost their military ties, said Fan Changlong, vice chairman of China's Central Military Commission, on Monday.
Fan made this remark when he wrapped up his three-day official visit to Tanzania, where he met with Tanzanian President John Magu. . .European Investment Bank launches of Boost Africa Initiative
Posted on :Tuesday , 22nd November 2016
Boost Africa Initiative, a unique partnership in support of innovation and entrepreneurship across Africa has been launched today in Abidjan by the European Investment Bank (EIB) and the African Development Bank (AfDB) in partnership with the European Commission. The launch ceremony took place at the Headquarters of the AfDB in Abidjan in presence of EIB President Werner Hoyer, AfDB Presi. . .
Tanzania in Drive to Improve Doing Business Climate
Posted on :Tuesday , 22nd November 2016
The Tanzanian government has launched a one-stop shop to improve services for investors.
The aim is to raise the country's position in global doing business ranking.The facility, by the Tanzania Investment Centre (TIC), has departments that deal with matters such as land, taxation and product standards.. . .AfDB approves US $10-million equity investment in TIDE Africa Fund
Posted on :Monday , 21st November 2016
The Board of Directors of the African Development Bank (AfDB) has approved a US $10-million equity investment in the Technology and Innovation in Developing Economies (TIDE) Fund I to boost production and growth in Africa.
TIDE Africa Fund I, a venture with a target size of US $100 million incorporated in Mauritius, has 10-year target life within a 5-year inve. . .Tanzania sees economy expanding at 7.5 pct in 2017 - Finance Ministry
Posted on :Thursday , 3rd November 2016
DAR ES SALAAM (Reuters) - Tanzania's government has set an economic growth target of 7.5 percent in 2017, compared to an estimate of 7.2 percent this year, and plans to hike spending in the 2017/18 fiscal year by 11.5 percent to 32.9 trillion shillings ($15.1 billion).
The Tanzanian economy grew 7 percent last year, driven by transport, construction, communica. . .Please Select an Option
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