Market News
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USAID to Invest USD407m in Tanzania in 2016
Posted on :Tuesday , 9th August 2016
The US Government, through the US Agency for International Development (USAID), will invest USD407m in Tanzania in 2016.
The funding will be disbursed to various sectors in Tanzania, including health, agriculture, natural resource management, education, energy, and democratic governance.
This is part of a five-year strategic assistance agreement signed on August 1st 2016 by Shar. . .
Sri Lanka, Tanzania to forge strong bilateral relations
Posted on :Tuesday , 9th August 2016
Aug 08, Colombo: Sri Lankan Minister for Tourism Development, Christian Religious Affairs and Lands, John Amaratunga, has tasked the Sri Lankan business community in Tanzania to build strong trade relations between the two countries.
Amaratunga, who left yesterday after his official four-day visit in the country, said there were many areas that the business community in h. . .
Turkish investors set eyes on Tanzania leather industry
Posted on :Monday , 8th August 2016
Over 40 businesses in Tanzania have signed deals with Turkish investors who have been keen on tapping into Tanzania leather industry.The investors say they were overwhelmed by the positive response and interest they received from local companies. The Turkish investors are looking to unseat the dominance of the China footwear in Tanzania.Rwanda: BPR in Partnerships to Promote Financial Inclusion
Posted on :Saturday , 6th August 2016
The CEO of Banque Populaire du Rwanda (BPR), Sanjeev Anand, has said they are aiming at promoting the government's goal of financial inclusion.
He made the remarks today while addressing the press about BPR's development partnership with Norfund, the Norwegian Investment Fund for Developing Countries, FMO, the Dutch development bank and Rabobank, a Dutch coope. . .Mega industrial park signals Ethiopia’s manufacturing intent
Posted on :Saturday , 6th August 2016
Ethiopia has commissioned the largest industrial park in Africa, signaling its intention to become one of Africa’s manufacturing hubs.
The Horn of Africa nation, which is among the fastest-growing economies in the world, recently unveiled the Hawassa industrial park, which is core to its efforts to become one of Africa’s manufacturing powerhouses.<. . .Please Select an Option
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