Diamond Jubilee Hall
Dar-Es-Salaam - Tanzania
25 - 27 June 2019
10 AM - 06 PM
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Tanzania News
PTA Development Bank Approves USD 138 Million Grant To Strengthen Tanzania Financial Markets The Eastern and Southern African Trade and Development Bank (PTA Bank) has approved a total of USD 130 million in grant funding to be used for three development projects and three syndicated loans in Tanzania.
PTA-Bank-Tanzania Details of the grant include the awarding of USD 50 million to Kilwa Energy, USD 20 million to the food and packaging firm 21st Century, USD 20 million to the Tanzania Ports Authority etc. ( Tanzania Invest News )
Tanzania Fastest Growing Economy In East Africa In 2014 According to Deloitte’s “Northeasterly Bearing Economic Outlook 2014” report, Tanzania was the fastest growing economy in East Africa In 2014 with a GDP growth of 6.9%.
The agricultural sector, which accounts for half of the national income, grew by an estimated 4.3%. This has been driven by an increased production of the major food crops such as maize, paddy, millet/sorghum and cassava. ( Tanzania Invest News )
Tanzania Production Index of Manufacturing Industries Improves According to Tanzania’s National Bureau of Statistics (NBS), the Production Index of Manufacturing (PIMI) achieved 10.8% growth in 2012, the highest increase since 2006. click here for more
