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Opportunities - Page 12

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

IMF Approves $204.5 Million Support for Tanzania

The International Monetary Fund (IMF) has extended a financial lifeline to Tanzania, approving a disbursement of $204.5 million. The decision follows the completion of reviews under two key programs, reflecting confidence in Tanzania’s economic management and reform agenda. This approval includes $148.6
December 14, 2024

Tanzania, EU Commit to Boost Economic Partnership

Tanzania and the European Union (EU) have reaffirmed their strong partnership, focusing on expanding trade and investment to foster sustainable development. This commitment was solidified during a high-level dialogue held in Dar es Salaam on December 10, 2024. The discussions brought together
December 13, 2024

Tanzania Prepares for Commercial Macadamia Farming

Tanzania’s horticultural industry is making significant progress with the commercial cultivation of macadamia nuts, a crop that offers farmers a lucrative alternative and enhances the country’s agricultural exports. Dr. Jacqueline Mkindi, CEO of the Tanzania Horticultural Association (TAHA), announced that after more
December 9, 2024

Tanzania Achieves $6.56 Billion Investment Milestone

Tanzania is celebrating a banner year in investments, having smashed its annual targets for 2023/2024 with a remarkable $6.56 billion in total capital inflows. This achievement includes $3.5 billion in Foreign Direct Investment (FDI) and $3.1 billion in Domestic Direct Investment (DDI),
December 5, 2024

Serengeti Balloon Safaris Wins Global Award

Serengeti Balloon Safaris, a leading provider of hot air balloon adventures in Tanzania, has been named the World’s Best Balloon Ride Operator at the World Travel Awards 2024. This prestigious recognition highlights the exceptional quality and service that the company offers, further
November 26, 2024
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