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Africa Business News

Tanzania United Republic Of Tender and Business News

5 African Economies Show High Promise for Belt and Road Investments

According to a new report by Baker McKenzie and Silk Road Associates, China's Belt and Road Initiative (BRI) is increasing BRI-related projects with up to US $350 billion over the next five years. Kenya, Tanzania, Ethiopia, Djibouti and Egypt are among the major African economies which may benefit from this substantial investment.

Hyatt Plans to Add Six New Hotels In Africa by 2020

Chicago-based Hyatt Hotels & Resorts just announced plans to double the number of Hyatt Hotels in Africa by 2020. That will bring six new hotels in total in Africa, including ones in Algeria, Cameroon, Ethiopia, Tanzania, Senegal and Marrakech.

Direct Selling Agency QNET Opens Branch in Tanzania

Hong Kong-based QNET (www.QNET.net), a player in the US $200 billion global direct selling industry, announced it is entering the Eastern African direct selling sector with its first local agency in Tanzania.

African Legal Support Facility Promotes African Mining Legislation Atlas

The first Women Advancing Africa Forum (WAA), a new flagship conference on women's contributions to Africa's development, its founders and organizers, was convened earlier this month in Dar Es Salaam. The African Legal Support Facility used the event as a major promotional opportunity for the African Mining Legislation Atlas (AMLA).

Long-Awaited Uganda-Tanzania Oil Pipeline Project Lays Foundation

Over a year after Uganda and Tanzania signed the formal agreements to make it happen, the first foundation stone for the almost 1500 kilometer Uganada-Tanzania oil pipeline was finally laid in place on August 5 in Tanga, on the coast of Tanzania along the Indian Ocean.

Orca Exploration Group Gets Approval from Tanzania for Additional Gas Plan

Orca Exploration Group, based in Canada but with principal operations headquartered in Dar es Salaam, just announced it has received approval from the Government of Tanzania for its 'Second Additional Gas Plan' (AGP-2). This will more than double the available volume of Additional Gas for sale from the Songo Songo field.

Three Agencies Pull Together to Fund Food Security in Rwanda and Tanzania

As a means to improve food security in Rwanda and Tanzania, the Washington, D.C. based International Finance Corporation (IFC) and the Global Agriculture and Food Security Program (GAFSP), a fund coordinated by the World Bank, are launching smallholder farmer financing programs with the United Nations World Food Programme (WFP).

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