Tanzania to develop multi-million dollar water project with China

Posted on :Friday , 25th November 2016

 Construction of an over TZS 600bn water project to cater for an industry boom in Mtwara Region is scheduled to start this financial year, the government affirmed on Tuesday 1 November, reports the Tanzania Daily News.. Upon completion, the project which is expected to consume USD 281m (about TZS 604bn) will supply the region with 120m litres daily from Ruvuma river, according to the Perma. . .

Tanzania to Benefit from USD194m EAC-US Grant Agreement

Posted on :Thursday , 24th November 2016

 The US will grant USD194m to the East African Community (EAC) to improve regional integration in the EAC member states, which include Tanzania, Burundi, Kenya, Rwanda, Uganda, and South Sudan.

The grant agreement was signed by representatives of the US Agency for International Development (USAID), on behalf of the US Government, and the EAC, at the EAC headquarters in Arusha, Tanz. . .

Turkish Exporters Target Africa

Posted on :Wednesday , 23rd November 2016

 At a time when struggling Turkish exporters are looking for ways to diversify their target markets, Africa is poised to become the new frontier market for Turkish firms as they position themselves to become major stakeholders in the region’s rapidly growing industries.

Africa has recorded an annual growth rate of 5 percent over the last d. . .

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.

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. . .