Market News | INDUSMACH Tanzania 2022

Market News

  • Global Wholesale E-commerce Platform Launches in Tanzania

    Posted on :Monday , 25th April 2022

    UAE logistics company DP World recently announced the launch of its wholesale e-commerce platform Dubuy.com in Tanzania.

     

    The online marketplace will give Tanzanian businesses access to international markets and provide a secure and reliable supply chain through DP World’s worldwide ports and logistics network, the company explains.  

     

  • Tanzania, US Sign Investment Agreements Worth Sh11.7 Trillion

    Posted on :Monday , 25th April 2022

    Tanzania and the US have on April 22, signed 7 agreements for business projects which are set to be implemented in Tanzania by investors and companies from the United States of America.

     

    The signing of the agreement was witnessed by President Samia Suluhu Hassan who is in the United States for a 2 week official trip.

     

    According to a statement issued by the di. . .

  • Uganda, Tanzania to Become Oil Economies

    Posted on :Monday , 21st March 2022

    Tanzania and Uganda are gearing up to become the region's oil economies with the latter signing a mega oil pipeline deal to transport Uganda's oil to its port of Dar es Salaam.

     

    The East African Community (EAC) is one of the fastest-growing economic blocs in the World. The pre-Covid-19 period saw the Economic Commission for Africa note that East Africa was actually the fastest. . .

  • Tanzania to Receive EUR 425 million from the European Commission

    Posted on :Monday , 21st March 2022

    On 18th February 2022, the President of the European Commission (EC) Hon. Ursula Von der Leyen met with Tanzania’s President Hon. Samia Suluhu Hassan on her visit to Belgium.  

     

    After the meeting, Von der Leyen has announced the EC’s support to Tanzania with EUR 425 million to fund various development projects in the country over the . . .

  • Tanzania Sign USD 1.9B Contract to Build 3rd Phase of SGR Railway

    Posted on :Tuesday , 18th January 2022

    On 28th December 2021, the President of Tanzania Samia Suluhu Hassan witnessed the signing of the agreement for the construction of the 3rd phase of the Standard Gauge Railway (SGR) connecting Makutupora to Tabora.

     

    The agreement was signed between the Tanzania Railways Corporation (TRC) and Yapi Merkezi of Turkey at a ceremony held at the State House in Dar es Salaam.

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