Market News
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Tanzania among Africa Top Investment Destinations, Report Indicates
Posted on :Monday , 22nd August 2016
Tanzania was among the leading investment destinations in Africa in 2015, the recently published 2016 African Economic Outlook (AEO) indicates.
The AEO presents the current state of economic and social development in Africa and projects the outlook for the coming two years.
The AEO is a product of collaborative work by three international partners: the African Development . . .
Tanzania: Investment Centre Targets U.S.$5 Billion FDI Inflows By 2020
Posted on :Monday , 22nd August 2016
Dar es Salaam — The Tanzania Investment Centre (TIC) is targeting to more than double foreign direct investments (FDI) inflows to $5 billion in 2020.The World Investment Report 2015 indicates that Tanzania had attracted $2.1 billion FDI inflows but the state-owned agency says it targets $5 billion by 2020.However, according. . .Tanzania: World Bank Defends Award of Sh14 Billion Tender
Posted on :Thursday , 18th August 2016
Dar es Salaam — The World Bank (WB) has defended the awarding of a Sh14 billion tender that was recently termed illegal by Public Procurement Appeals Authority (PPAA).Through a loan agreement, the WB is funding a project for designing, supplying, installation and commissioning of Integrated Land Management Information Systems (ILMIS) which is under the su. . .Crowdfunding is growing, and East Africa fast becoming hub for cash
Posted on :Thursday , 18th August 2016
East Africa is emerging as a hub for crowdfunding. The online platforms — which also offer grants, endowments, debt and equity — raised $37.2 million in 2015 in Kenya, Rwanda, Tanzania and Uganda.Research on crowdfunding — the pooling of money by many individuals for equity investment in startups — and peer-to-peer (P2P) finance show tha. . .Tanzania: Dar Investment Opportunities Attract Investors
Posted on :Tuesday , 16th August 2016
Tanzania remains the centre of attractions to investors in Africa and the globe due its immense and unique investment opportunities.
"Tanzania is endowed with unique investment opportunities among the East African countries and has been the major focus on most investors from Africa and the world," the Frontier Advisor, Deloitte, Mr Martyn Davies said in Dar es S. . .
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