Market News
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Tanzania: China Pacts to Bring Jobs Boom
Posted on :Saturday , 25th October 2014
MORE than 77,300 jobs are expected to be created in Tanzania once over 500 Chinese projects worth 2,490.21 million US dollars registered in the country until December last year become operational.
Opening the Third China and Tanzania Business Forum on Thursday, President Jakaya Kikwete expressed his government's commitment to woo more Chinese investments as data ind. . .
Tanzania eyes 2 million tourist arrivals by 2017
Posted on :Tuesday , 16th September 2014
The number of tourists visiting the country is expected to double to 2 million by 2017, according to the Tanzania Tourist Board (TTB).
Tanzania becomes Kenya s largest East Africa market
Posted on :Tuesday , 16th September 2014
Tanzania has edged past Uganda as Kenya’s largest export market in East Africa as a result of the ongoing elimination of non-tariff barriers and increasing local production in Uganda of goods that were previously imported.
Obama Announces $33B in Commitments for Africa
Posted on :Wednesday , 6th August 2014
Seeking to strengthen America's financial foothold in Africa, President Barack Obama announced $33 billion in commitments Tuesday aimed at shifting U.S. ties with Africa beyond humanitarian aid and toward more equal economic partnerships.
The bulk of the commitments came from private-sector companies, including Coca-Cola and General Electric, underscoring Afri. . .
Africa\'s economy growing; U.S. wants to bolster partnerships
Posted on :Wednesday , 6th August 2014
They export BMWs and birdseed and plenty in between. Their middle class is growing fast enough to draw the likes of Marriott and Walmart. China, Europe, Japan and the U.S. are vying to build roads and power plants there.
No longer is sub-Saharan Africa - long a symbol of war, famine and corruption - an economic basket case. Six of the world’s fastest-growing economies are t. . .Please Select an Option
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