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.

&. . .

Tanzania Exports Up 13% In YE November 2021, Tourism Income Up 48%

Posted on :Tuesday , 18th January 2022

The Bank of Tanzania (BOT) Monthly Economic Review-December 2021 indicates that in the year ending November 2021 exports of goods and services amounted to US$ 9,789.9 million, higher than US$ 8,614.6 million in the corresponding period in 2020.

The growth was driven by a rise in exports of non-traditional goods, travel receipts and transportation.  

Ta. . .

Tanzania's Recovery Gathers Pace With Increase In Exports

Posted on :Wednesday , 12th January 2022

The economic recovery is gaining momentum as Tanzania has recorded an increase in exports of goods and services, as well as the provision of loans to finance economic activities by the private sector. 

According to the Bank of Tanzania's monthly economic review, exports of goods and services amounted to $9.56 billion in the year to October 31, 2021, higher than the $8.63. . .

Tanzania Inaugurates Phase 1 of Egypt's $35 Million Elsewedy Industrial Complex

Posted on :Wednesday , 12th January 2022

Tanzanian President Samia Hassan inaugurated the 1st phase of Egypt's Elsewedy Industrial Complex in Tanzania, which includes investments totalling $35 million, Elsewedy Electric said in a statement on 6th Dec 2021.

The president, accompanied with Egyptian and Tanzanian key officials, also laid the foundation stone of the Egyptian Industrial City (EIC) in the Kigamboni distri. . .

Tanzania Water and Sanitation Services to Benefit from USD 25M from USAID

Posted on :Friday , 19th November 2021

Tetra Tech, a consulting and engineering service company, has been awarded by the U.S. Agency for International Development (USAID) a 5 year, US$ 25 million contract to support the Government of Tanzania in expanding and sustaining the delivery and management of water, sanitation, and hygiene (WASH) services in urban and rural settings.

Through the USAID Tanzania Water and Sa. . .