Market News | INDUSMACH Tanzania 2025

Market News

  • Tanzania Opens Its First Cutting-edge Copper Processing Facility.

    Posted on :Monday , 11th August 2025

    Tanzania has opened its first state-of-the-art copper processing plant in Chunya District, Mbeya Region, marking a dramatic turn towards industrial self-reliance. This breakthrough not only represents progress but also a daring reevaluation of Tanzania's position in the global resource economy.

     

    This facility is revolutionizing the nation's copper value chain and bringing it i. . .

  • President William Ruto in London: Kenya and UK Set Ambitious Trade Growth Target by 2030.

    Posted on :Thursday , 3rd July 2025

    Kenyan President William Ruto is on an official visit to the United Kingdom, where he is expected to meet with British Prime Minister Keir Starmer to finalize a new strategic partnership agreement covering the period from 2025 to 2030. The deal, announced on Kenya’s national broadcaster on June 29, aims to deepen cooperation between the two countries in key areas including trade, innovati. . .

  • Tanzania Moves Towards Steel Import Ban as Local Production Surges.

    Posted on :Thursday , 5th June 2025

    Tanzania is preparing to halt steel imports due to a sharp increase in local manufacturing output, signaling a major step forward in the country’s industrialization agenda.

    During a visit to Lodhia Industries in Mkuranga District, Coast Region, Prof. Kitila Mkumbo—Minister in the President's Office for Planning and Investment—praised the nation's progress, describing th. . .

  • Tanzania opens a facility for mining and industrial equipment parts.

    Posted on :Monday , 4th November 2024

    With the opening of the state-of-the-art East Africa Conveyor Supplies Limited (EACS) facility in Kahama District, Shinyanga Region, Tanzania has made great progress in the production of mining and industrial equipment parts.

    Speaking at the facility in the Buzwagi Special Economic Zone, EACS Managing Director Peter Kumalilwa stated that the facility specializes in offering premium conve. . .

  • Tanzania Will Begin Generating Its Own Steel In Order To Cut Down On Imports.

    Posted on :Monday , 5th August 2024

    Within the next three years, Tanzania intends to start producing steel domestically. It has already been determined that the project is situated in the Njombe Region's Ludewa District. In order to promote iron ore mining, the investor, Fujian Hexingwang Industry Tanzania Co Ltd, and the National Development Corporation (NDC) inked a $77 million contract on Saturday, August 3, 2024.

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