Market News
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Seeking investment for Industrial Development
Posted on :Saturday , 22nd November 2014
The Richards Bay Industrial Development Zone is seeking investors to invest in the production facility for carbonaceous paste for electrodes used in furnace linings. Carbonaceous electrode paste is used in cl. . .
Dangote to invest in manufactuaring plant in Tanzania
Posted on :Friday , 21st November 2014
Aliko Dangote is planning to invest in developing Mbinga coal mine in the southwest of Tanzania. This was disclosed during a meeting between Dangote and Tanzania’s Vice President Mohammed Gharib Bilal at the Africa Global Business Forum in Dubai.
Dangote is expecting that the coal from the mine will be used to power Mtwara Cement plant, located in the sa. . .Tanzania to undertake construction of mining and smelting plants
Posted on :Friday , 21st November 2014
Tanzania is planning to start local commercial production of iron ore and steel by construction of related smelting plants. The National Development Corporation (NDC) has said that the country is also expecting to produce 1.1 million metric tones per year, with the first batch exp. . .
Tanzania to construct a new extraction plant at US$ 4bn
Posted on :Friday , 21st November 2014
A new soda ash extraction plant will be constructed at Engaruka basin in the North of Tanzania. Construction of the new soda ash plant, which will have a targeted production of one million tons of soda ash per year, will start end of this year.
GGBL sets up manufacturing unit facility East Africa
Posted on :Friday , 21st November 2014
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