Market News

Tanzania’s Construction Boom Opens Doors for Local Engineers
Tanzania’s Construction Boom Opens Doors for Local Engineers
2 October 2025

The enormous spike in ongoing construction projects around the country has created new opportunities for local engineers, attracting thousands to national development initiatives that were formerly dominated by foreign specialists. A growing pattern not only enhances professional expertise at home, . . .

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President Samia Launches Construction of 103 Vocational Schools in 41.6bn/- Initiative
President Samia Launches Construction of 103 Vocational Schools in 41.6bn/- Initiative
4 August 2025

President Samia Suluhu Hassan has begun a historic education initiative by laying the groundwork for one of 103 projected vocational secondary schools across Tanzania, with a total cost of 41.6 billion/-. The formal launch was held at Amali-Mwamapalala Secondary School in Itilima District, Simiyu Re . . .

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AfDB Commits $2.5 Billion to Boost Tanzania's Infrastructure Development
AfDB Commits $2.5 Billion to Boost Tanzania's Infrastructure Development
2 June 2025

The African Development Bank (AfDB) has committed US$2.5 billion to fund critical infrastructure projects in Tanzania, with over 70% allocated to transport-related developments such as roads, railways, and airports. According to Eng. Mumina Wa-Kyendo, Chief Transport Engineer at the AfDB Tanzania Of . . .

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Tanzania Signs $385 Billion Deal to Build East Africa’s Largest Conference Centre
Tanzania Signs $385 Billion Deal to Build East Africa’s Largest Conference Centre
1 April 2025

The Arusha International Conference Centre (AICC) has entered into a cooperation agreement with the Public Service Social Security Fund (PSSSF) for the construction of the Mount Kilimanjaro International Conference Centre (MKICC), an a cutting-edge conference Centre valued at more than Sh385 billion . . .

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Tanzania and Burundi Ink $2.15bn Railway Deal with Chinese Firms
Tanzania and Burundi Ink $2.15bn Railway Deal with Chinese Firms
10 February 2025

Tanzania and Burundi have signed a contract with two Chinese companies to construct a railroad to transport metals, notably nickel, to Tanzania's port city of Dar es Salaam. China Railway Engineering Group and China Railway Engineering Design and Consulting Group are going to develop the $ . . .

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