Tanzania and the DRC interested in expanding their trade relations.

Posted on :Thursday , 1st December 2022

President Samia Suluhu Hassan and her Democratic Republic of the Congo (DRC) counterpart, Félix Tshisekedi, have agreed to collaborate during a number of areas to boost bilateral trade.

Consequently, Tanzania and the DRC intend to cooperate in a range of areas, including trade, investment, infrastructure, finance, energy, education, security, and immigration.

Tanzania and the DRC signed a MoU to expand their trade relations

Posted on :Friday , 4th November 2022

President Samia Suluhu Hassan and her Democratic Republic of the Congo (DRC) counterpart, Félix Tshisekedi, have agreed to collaborate in a number of areas to boost bilateral trade.

Tanzania and the DRC intend to collaborate in a variety of areas, including trade, investment, infrastructure, finance, energy, education, defence, security, and immigration.

&n. . .

Reforms to Tanzania's investment laws begin to bear fruit: TIC

Posted on :Thursday , 25th August 2022

In the upcoming years, six strategic investors will invest a combined $1.1 billion as the government ramps up its investment promotion campaign, supported by pro-business and economic diplomacy initiatives.

This occurs at the same time as Tanzania Investment Centre (TIC) is proud to have increased the number of investment projects by 14.6% in the fiscal year 2021â€. . .

EAC services exports hit $12.9 billion

Posted on :Tuesday , 23rd August 2022

The East African Community (EAC) exported services worth $12.9 billion in 2019 against $933.6 billion worth of imports.

The outbreak of Covid-19 and its resultant impact on trade, notwithstanding, trade in services has contributed immensely to the region's recovery.

This was revealed by the East African Business Council (EABC) executive director John Bosco Kalisa during a high level. . .

Tanzania, Kenya extend fastest trade growth run

Posted on :Tuesday , 5th July 2022

Trade between Kenya and Tanzania extended its run as the fastest-growing in the region in the three months to March, reinforcing the gains of the ongoing elimination of non-tariff barriers.

Data by the Kenya National Bureau of Statistics (KNBS) show that the pace of growth in both the import and export trade extended an impressive run since last year.

This has seen the performance d. . .