Tanzania's Special Department for Business and Investment is in the process of being established.

Posted on :Tuesday , 13th July 2021

The government intends to create a specific department for business, investment, and industrial development in each of the 185 district councils, allowing regional business officials to handle business and investment in the country with complete authority.

Geoffrey Mwambe, Minister of State in the Prime Minister's Office responsible for Investment, presented the proposal. . .

G7 DFIs & partners to invest over $80b in Africa’s private sector

Posted on :Tuesday , 15th June 2021

The G7 nations, in collaboration with multilateral partners, have pledged to invest $80 billion in Africa's private sector.

The G7 Development Finance Institutions (DFIs), including the UK's CDC Group, will assist sustained economic recovery and growth in Africa with this investment, which will be phased in over the next five years. The International Finance Corporation of th. . .

Tanzania gears towards Covid-19 vaccination

Posted on :Friday , 11th June 2021

Once considered as the staunch anti-Covid country, Tanzania is gearing towards vaccination after a team of health experts handed in their report on how to roll out mass inoculation to President Samia Suluhu.

The report comes a month after a special committee of experts handed in another report evaluating the Covid-19 situation in the country.

The Tanzania d. . .

Tanzania President Samia Suluhu set to visit Kenya

Posted on :Tuesday , 4th May 2021

Tanzanian President Samia Suluhu Hassan is scheduled to arrive in Kenya for a two-day State Visit on Tuesday, May 4th.

On the same day, Kenyan President Uhuru Kenyatta will welcome her to State House in Nairobi.

During her visit, Samia will address the joint houses of Kenyan Parliament, according to Tanzanian government spokesperson Gerson Msigwa.

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EU & Tanzania sign Sh308 billion deal for six projects

Posted on :Friday , 5th March 2021

The European Union and Tanzania's government signed an agreement yesterday to fund the implementation of six projects aimed at fostering economic growth and improving people's lives.

According to information released after the signing of the deal, the government will collect grants totaling 111.5 million euros (Sh307.9 billion) for programs to be undertaken in both Tanzania M. . .