In a remarkable upswing, the bilateral trade between Tanzania and India is poised for exponential growth, solidifying Tanzania’s standing as India’s third-largest trade partner in Africa by the 2023/24 fiscal year. Projections indicate a surge in trade volume, reaching an impressive 6.5 billion US dollars (approximately 15 trillion Tanzanian shillings) in 2023/24, up from the...
India is the fifth largest investor in Tanzania, with about $3.7 billion in investments. The two countries have also signed six MoUs in communications, maritime security and sports. Tanzania has set a target of receiving $15 billion in Foreign Direct Investment (FDI) from India by 2025, Tanzanian President Samia Suluhu Hassan said on October 10....
In a significant diplomatic move, the President of the United Republic of Tanzania, Her Excellency Samia Suluhu Hassan, is poised to embark on an official visit to India from October 8th to October 11th, 2023. This visit comes in response to an invitation extended by the President of the Republic of India, Her Excellency Droupadi...
India, through Apollo Hospitals, has signed a Memorandum of Understanding (MoU) with Elipse Group Africa to set up a state-of-the-art diagnostic centre for cancer in Tanzania. The MoU agreement was signed yesterday at the Indian High Commission in Tanzania and was witnessed by various people, including Indian High Commission Mr Binaya Pradhani. Speaking during the...