Market News

In order to meet the increasing demand, the investment manager emphasizes the necessity of capital investment in the establishment of sustainable forest plantations and wood processing enterprises.According to New Forests, a global investment company that specializes in nature-based assets, investor . . .

Tanzania is a budding market for the woodworking industry, there are several companies that operate sawmills in Tanzania, such as Wood Export Co., Energo Tanzania, Green Resources, Pethad Trading Company Limited, Wood Industry Solutions, Hope General Supplies, Gats Solutions Co Limited, Ifundaindust . . .

An rise in the number of wood processing industries is expected to significantly strengthen Tanzania's timber sector. This breakthrough has opened up a new chapter for the sub-sector and fully integrated the private sector. The timber business has benefited greatly from the public-private partnershi . . .

The 96-metre-high "Burj Zanzibar" is expected to open in the next years, offering a stunning new addition to Zanzibar's skyline. The most notable aspect of this structure is not its height, but the fact that it will be constructed primarily of wood. According to Milan Heilmann, Project Manager at CP . . .

Tanzanian people are being empowered to manage forests in a sustainable manner.97% of the 48 million hectares of forest in Tanzania are primary forests. Due to the rising need for raw materials and their byproducts, many anticipate that these assets will open up new income prospects for the Tanzania . . .