According to Tanzanian, Ugandan, and Guinean officials, Africa's future is bright, with ample investment prospects.

Posted on :Thursday , 31st March 2022

Three African officials stated during a discussion on the continent's development potential at the World Government Summit 2022 that the continent's future is 'bright,' with significant chances for foreign investment.

Rt. Hon. Robinah Nabbanja, Prime Minister of Uganda, remarked that the "future of Africa is bright" during a session titled "The Rise of Africa: Strategies and . . .

Mwigulu Applauds the African Development Bank for Supporting Tanzanian Development Projects

Posted on :Wednesday , 9th March 2022

Dr. Mwigulu Nchemba, Tanzania's Minister of Finance and Planning, has praised the African Development Bank (AfDB) for its commitment to assisting the Tanzanian government in implementing new projects in several areas.

Dr. Nchemba conveyed his gratitude during a meeting in Dodoma with AfDB President Dr. Akinwumi Adesina. Ambassador Liberata Mulamula, Minister of Foreign Affair. . .

Tanzania's investment potential are attracting the attention of Polish firms

Posted on :Monday , 13th December 2021

In order to expand ties and explore existing potentials between the two nations, Poland has identified areas where its companies are interested in investing in Tanzania.

Krzysztof Buzalski, Poland's ambassador to Tanzania, recently stated that Polish companies were attentively examining investment potential on the Tanzanian market in fields such as agriculture, blue economy, . . .

Kenya and Tanzania sign bilateral agreement to ease trade restrictions

Posted on :Monday , 27th September 2021

The government of Kenya and its neighbouring country Tanzania have signed a Joint Communique after the three-day bilateral meeting attended by the high-level technical team from both countries.

The agreement was signed by Tanzania's PS for the Ministry of Trade Doto James and Kenya's Amb Johnson Weru after a three-day bilateral in Mombasa.

During the meeting, the representatives fro. . .

Tanzania's trade to be boosted by AfCFTA agreement

Posted on :Thursday , 23rd September 2021

Tanzania's ratification of the African Continental Free Trade Area (AfCFTA) would enhance the country's international trade.

According to business analysts, it will act as a platform for increasing Tanzania's commerce with Africa, which is now at 15%.

"About 80% of our commerce is with nations outside Africa," said an Arusha-based economist who applauded th. . .