Market News

 It is estimated that about 30 percent of Tanzanians have access to electricity from the national grid and self-installed energy sources.   That is the case despite the country having abundant energy sources. Access to electricity has remained one of the major challenges in Tanzania. &n . . .

 More and more German companies intend to explore business opportunities in Tanzania, in sectors such as infrastructure, education, technology, machinery and energy (oil, gas and hydropower).   The delegation met with Dar es Salaam mayor Isaya Mwita.   The mayor had explained all . . .

  The Tanzania Electricity Supply Company (Tanesco) have committed themselves to provide an abundant stream of power to any large-scale investors with an interest in the Ruvuma Region.   Tanesco Ruvuma Regional Manager, Eng. Patrick Lwesya assured power supply in abundance to the Ruvuma . . .

Tanzania Selous Game Reserve, one of the world’s biggest faunal reserves has gained a lot of traction in recent times from a minimum of 50 multinational companies. The intention of these companies is to construct the Rufigi hydropower project at Stiegler’s Gorge. Potential bidders were r . . .

 The Tanzania-focused mineral exploration and development company, along with the Tanzania Electric Supply Company, received official instruction by the Tanzanian Ministry of Energy and Minerals to prepare a final memorandum of understanding that will govern the further development of the MCPP . . .