FSD Africa targets to back $400 million of Green Bonds in four African countries including Tanzania

FSD Africa is in talks with potential green-bond issuers across the continent to raise at least $400 million for climate-linked...

Tanzania’s banking sector remained capitalized throughout 2022, says BoT

by Editor

14/02/2023

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Tanzania’s banking sector remained adequately capitalized, liquid and profitable throughout 2022 amid global economic shocks according to Monetary Statement Policy...

Construction of Shanta’s new Singida gold project over 90% complete

by Editor

14/02/2023

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East Africa-focused gold producer, developer and explorer Shanta Gold reports that the overall construction activity at its Singida gold project,...

Cement production in Tanzania hits 7.5 million tons in 2022

by Editor

14/02/2023

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Cement production in Tanzania increased by 14.9 per cent to 7,598,073 tons last year from 6,614,359 tons reported in 2021...

EAC developing Regional Diaspora Policy to drive regional integration

by Editor

14/02/2023

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The East African Community (EAC) Secretariat is developing an EAC Diaspora Policy and Plan of Action to establish a strategic...

Dar equity market ends week on a positive note, total market capitalization hits 16.1bn/-

by Editor

13/02/2023

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Tanzania’s stock market ended last week’s trading session on a positive note with total market capitalization rising by 0.74% to...

Tanzania records 57.7 pct increase in foreign tourists arrivals in 2022

by Editor

13/02/2023

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Tanzania recorded a 57.7 percent rise in arrivals of foreign tourists who visited the East African nation in 2022, the...

Tanzania, Indonesian firm explore electricity development collaboration

by Editor

13/02/2023

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President Director of Indonesian state-run electricity provider PT PLN, Darmawan Prasodjo, has welcomed an invitation by the Tanzanian government to...