Tanzania: USD 1.6 Billion Mega Resort to Come Up in Zanzibar

Posted on :Tuesday , 20th December 2016

Zanzibar — China's MCC Overseas Company has signed a contract to build the Zanzibar Amber Resort in Matemwe Village. The resort will be one of the biggest in the East African region, say project owners.

Multi Billion Dollar Fertilizer Plant Coming To Tanzania

Posted on :Tuesday , 20th December 2016

Construction of a multitrillion shilling fertiliser plant with envisaged daily production capacity of 3,850 tonnes is scheduled to start in Kilwa, Lindi Region, by next March. The petrochemical complex, a partnership project under a consortium of investors from Tanzania, Europe and Asia, is among the largest fertiliser investments in the continent.

AFRICA - THE NEXT GROWTH MARKET

Posted on :Tuesday , 3rd October 2017

Africa is currently home to five of the fastest growing economies in the world. According to a global study, the continent's economy is forecast to grow to $2.6 trillion in 2020 from $1.6 trillion in 2008, fuelled by booms in mining, agriculture and development of ports, roads and other infrastructure. This rapid economic growth is what is creating substantial new business op. . .

Turkish Exporters Target Africa

Posted on :Wednesday , 23rd November 2016

 At a time when struggling Turkish exporters are looking for ways to diversify their target markets, Africa is poised to become the new frontier market for Turkish firms as they position themselves to become major stakeholders in the region’s rapidly growing industries.

Africa has recorded an annual growth rate of 5 percent over the last d. . .

Agreement to Build Two Link Roads

Posted on :Tuesday , 1st November 2016

 Tanzania and Kenya have agreed on a time line to start the construction of two link roads meant to improve the movement of goods and people between the two countries.