Tanzania urges financial institutions to support Africa’s drive to accelerate human capital development

DAR ES SALAAM, – Tanzanian Vice President Philip Mpango on Tuesday urged regional and multilateral financial institutions to do more to devise innovative financing solutions in support of Africa’s drive to accelerate human capital development. “Human capital investment is long-term in nature and thus requires low-cost financing with long-term maturity,” said Mpango when he opened the technical session of…

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New circus over port deal as Kenya courts Gulf investors

Kenya- Tanzania’s business competitor in the region- is set to enter into an investment agreement with United Arab Emirates (UAE) Dar es Salaam. At a time Tanzanians are divided over the recent Intergovernmental Agreement (IGA) with Dubai, Kenya is reported to be courting the same investors from the Gulf. Kenya, Tanzania’s business competitor in the region, is set to…

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New circus over port deal as Kenya courts Gulf investors

Kenya- Tanzania’s business competitor in the region- is set to enter into an investment agreement with United Arab Emirates (UAE) Dar es Salaam. At a time Tanzanians are divided over the recent Intergovernmental Agreement (IGA) with Dubai, Kenya is reported to be courting the same investors from the Gulf. Kenya, Tanzania’s business competitor in the region, is set to…

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How Arusha became the Geneva of Africa

In the recent past, Arusha’s international allure started to waiver but efforts by President Samia Suluhu Hassan’s administration have seen Arusha rise back to its former prestige Dar es Salaam. At the dawn of independence, in 1960, Nairobi was the regional hub. Not only was it the most developed city hosting East Africa’s headquarters of multinationals, but it had…

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How Arusha became the Geneva of Africa

In the recent past, Arusha’s international allure started to waiver but efforts by President Samia Suluhu Hassan’s administration have seen Arusha rise back to its former prestige Dar es Salaam. At the dawn of independence, in 1960, Nairobi was the regional hub. Not only was it the most developed city hosting East Africa’s headquarters of multinationals, but it had…

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Nnauye: Preparations in top gear for space satellite launch

Both President Samia Suluhu Hassan and Mr Nnauye have been cagey about the details but apart from indicating that negotiations are well underway Arusha. Preparations are in top gear for the launch of the national space satellite, it was announced here yesterday. The spacecraft may be dispatched to outer space later this year, according to the minister for Information,…

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Nnauye: Preparations in top gear for space satellite launch

Both President Samia Suluhu Hassan and Mr Nnauye have been cagey about the details but apart from indicating that negotiations are well underway Arusha. Preparations are in top gear for the launch of the national space satellite, it was announced here yesterday. The spacecraft may be dispatched to outer space later this year, according to the minister for Information,…

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Tanzania jumps seven positions in the 2023 ranking of most powerful passports

Dar es Salaam. In a significant leap, the Tanzanian passport has advanced seven positions in the latest 2023 Henley Passport Index, now securing the 69th spot among the world’s most powerful passports. This marks a substantial improvement from its previous ranking of 76th in 2022. According to the updated ranking, Tanzanian passport holders enjoy visa-free travel to 73 countries….

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Tanzania jumps seven positions in the 2023 ranking of most powerful passports

Dar es Salaam. In a significant leap, the Tanzanian passport has advanced seven positions in the latest 2023 Henley Passport Index, now securing the 69th spot among the world’s most powerful passports. This marks a substantial improvement from its previous ranking of 76th in 2022. According to the updated ranking, Tanzanian passport holders enjoy visa-free travel to 73 countries….

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Tanzania to fight order to pay foreign investor $109.5 million

The Tanzanian government has been ordered by the International Centre for Settlement of Investment Disputes, a World Bank tribunal, to pay $109.5 million (Sh265 billion) as compensation for breach of obligation to a foreign investor. Dar es Salaam. The government said yesterday it will appeal against a recent ruling by the International Centre for Settlement of Investment Disputes (ICSID),…

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