Market News
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Sh1bn Investment Equips Tanzania to Intensify Forest Management and Conservation Efforts
Posted on :Monday , 3rd November 2025
At Dar Es Salaam a significant stride toward strengthening sustainable forestry and forest conservation, the Ministry of Tourism and Natural Resources has received 74 facilities worth over Sh1 billion to combat unregulated trade in forest products. The handover event, held in Dar es Salaam, marked a milestone for the Tanzania Forest Services Agency (TFS), which will use the new facilities to en. . .
Tanzania's Path to Sustainability: Balancing Forest Conservation with Economic Growth
Posted on :Friday , 1st August 2025
Tanzania is emerging as a regional example of how environmental protection can go hand-in-hand with economic opportunity. With over 48 million hectares of forest, the country is now prioritizing sustainable land use by merging conservation with community development. Recent government and partner-supported efforts are replacing harmful practices like charcoal burning and slash-and-burn farming . . .
Tanzania's Green Future to Restore Forests and Biodiversity
Posted on :Tuesday , 1st July 2025
To support Tanzania’s national target of restoring five million hectares of degraded forests and landscapes, the country is implementing the Sustainable Environmental Restoration and Biodiversity Conservation Project. This effort is part of "The Restoration Initiative (TRI), a global collaboration involving countries i.e. Tanzania, Cameroon, Kenya, the Central African Republic, Pakistan, . . .
Surge in Demand for Woodworking Equipment in Tanzania's Expanding Furniture Sector
Posted on :Monday , 2nd June 2025
Tanzania's woodworking industry is experiencing a significant transformation, driven by a growing middle class and increasing demand for quality furniture. The furniture market in the country is expected to reach $606 million in revenue by 2025, with an anticipated annual growth rate of 1.37% from 2025 to 2029 . This expansion is fueling a surge in demand for modern woodworking equipment to mee. . .
Ethiopian Industrial Development Corporation Signs MoU with Renowned Chinese Furniture Firm
Posted on :Tuesday , 5th November 2024
The Industrial Parks Development Corporation of Ethiopia (IPDC) has recently entered into a Memorandum of Understanding (MoU) with Aniy Furniture PLC, a Chinese firm known for its expertise in modern office furniture manufacturing. Under this agreement, Aniy Furniture will establish a production facility within the Bole Lemi Industrial Park, focusing on manufacturing contemporary office furnitu. . .
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