Tanzania witnessed a significant surge in investment during the third quarter of the 2024/25 fiscal year, with registered projects totaling $2.16 billion between January and March 2025. This marks a 46.72% increase compared to the $1.47 billion recorded during the same period the previous fiscal year. The sharp rise was largely fueled by a boost...
Sidi Ould Tah of Mauritania has been elected the ninth President of the African Development Bank Group (AfDB) and will officially succeed Akinwumi Adesina in September. The election took place during the Bank’s Annual Meetings held today in Abidjan, Côte d’Ivoire. Tah was chosen by the Bank’s Board of Governors, which comprises Finance and...
DUE to the limited availability of land in Dar es Salaam, the Regional Commissioner, Albert Chalamila, has announced that the government has decided to begin constructing schools using multi-storey designs to address space constraints. Chalamila made the statement yesterday during a visit by the Chama Cha Mapinduzi (CCM) Regional Political Committee, aimed at inspecting the...
President Samia Suluhu Hassan has officially launched the Cooperative and Agricultural Development Bank, marking a key milestone in the government’s efforts to boost agricultural financing and rural development. The bank, which starts operations with an initial capital of TZS 58 billion, is expected to enhance access to credit for farmers and cooperative societies across Tanzania....
Most of Tanzania’s tourist attraction sites are famously known globally. Despite being some of the most iconic sites in Africa and the world, many of them are shallowly known. Today April 18, 2022, the Tanzania Royal Tour will be unveiled in New York, America, and President Samia Suluhu Hassan will be the guest of honour....
