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  • Tanzania: Over 1000 Industries Setup Since Magufuli Came to Power

    Posted on :Tuesday , 20th December 2016

    Morogoro — A total of 1,423 industries have been set up in Tanzania within one year of President John Magufuli in office, it has been revealed.

     
    Principal Trade Officer in the Ministry of Industry, Trade and Investment, Mr Wilfred Kahwa, made the revelation here yesterday, noting that the industries were developed between October 2015 and October 2016. Some 19 . . .

  • Tanzania: Govt Plans Industrial Development Bank to Boost Investment

    Posted on :Tuesday , 13th December 2016

    The government is planning to establish industrial development bank soon to speed up investment flow and loans for industrial development. Permanent Secretary (PS) in the Ministry of Industry, Trade and Investment, Dr Adelhelm Meru, revealed the above in Dar es Salaam yesterday during the official closing of the industrial exhibitions that took place at Dar es Salaam International Trade Fair (D. . .

  • Global industry needs to continue embracing green approach: UNIDO chief

    Posted on :Thursday , 24th November 2016

     Global industry needs to continue embracing a green approach and not repeat old ways, Li Yong, the chief of UN Industrial Development Organization (UNIDO) told Xinhua in an interview.

     
    On the occasion of UNIDO's 50th anniversary, Director General Li Yong said his focus was promoting the industrialization of developing countries to achieve goals set in the UN 20. . .

  • 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. . .

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