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Opportunities - Page 11

Tanzanian Banks Report Strong Profits Growth 2025

Tanzania’s banking sector has posted record-breaking profits in 2025, with the industry collectively earning Sh2.47 trillion, a 14.7 percent increase from Sh2.16 trillion in 2024. The growth reflects strong performance across both lending and fee-based businesses, alongside improved operational efficiency. Financial disclosures

February 3, 2026

Opportunities·Tanzania

Parents Encouraged to Support Youth in National Service

Parents and guardians, especially mothers, have been urged to support and encourage their children to join the National Service (JKT) instead of discouraging them. The call was made by Lieutenant Colonel Cleofar Nazar, the Acting Director of Social Welfare at JKT, who

March 6, 2025

Business·Opportunities·Tanzania

Tanzania’s Startup Boom: How Entrepreneurs Are Thriving

Over the past few years, Tanzania has undergone a remarkable transformation in its startup ecosystem. What was once considered a challenging market for investment has now become one of Africa’s most promising destinations for startup funding. Since 2019, Tanzanian startups have attracted

February 26, 2025

Opportunities·Tanzania

Tanzania Moves to Launch Climate Change Finance Department

Tanzania is preparing to launch a new department focused on managing funds for climate change, a decision made in response to the growing economic toll of unpredictable weather patterns. This move comes after the heavy rains of the previous season caused widespread

February 20, 2025

Opportunities·Tanzania

Tanzania’s Horticulture Sector Becomes Top Export Earner

Tanzania’s agriculture is undergoing a major transformation, with horticulture now leading the way as the country’s top export earner. Fresh produce such as fruits, vegetables, and flowers have overtaken traditional cash crops in generating foreign exchange, marking a significant shift in the

February 18, 2025

Opportunities·Tanzania

Tanzania Expands Energy Sector to Meet Growing Demand

Tanzania has unveiled an ambitious plan to boost electricity production and expand access to power, aiming to add 2,463 megawatts (MW) to the national grid by 2030. The move is part of a broader strategy to meet the country’s growing energy demands,

January 29, 2025

Opportunities·Tanzania

Media Wire Express Celebrates A Year of Excellence

Media Wire Express(MWE), a dynamic online news platform owned by Domalyn Group Limited, recently celebrated its first anniversary in a remarkable way. The outlet, recognized for its impactful reporting throughout 2024, has quickly become a trusted name in digital journalism. To mark

January 13, 2025

Opportunities·Tanzania

Njombe Avocado Factory Set to Boost Farming

A groundbreaking avocado oil processing factory in Njombe Region is set to redefine the region’s horticulture industry, offering a vital economic lifeline to local farmers. The facility, located in Makambako Town, is slated to begin operations next month, creating new opportunities for

January 13, 2025

Opportunities·Tanzania

Government Backs Cooperatives to Empower Small Investors

The government has reaffirmed its commitment to supporting cooperatives and the Cooperative Development Commission (TCDC) to enable citizens with limited capital to pool resources and invest in various economic activities. This support aims to ensure they gain ownership of production tools and

January 11, 2025

Opportunities·Tanzania

Tz Prioritizes Youth Employment Through Fish Farming Initiative

The Minister of Livestock and Fisheries, Dr. Ashatu Kijaji, has reaffirmed President Samia Suluhu Hassan’s commitment to driving economic growth by focusing on production initiatives that create employment opportunities for young people. Speaking during her five-day working tour in Lushoto District, Tanga

January 8, 2025

Opportunities·World

Uganda to Open New Oil Licensing Round in 2025

Uganda is preparing to launch the third round of oil exploration licenses in July 2025, signaling a new phase in the country’s efforts to develop its oil sector. This move is expected to attract further investment and help expand the nation’s energy

January 3, 2025

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