MAY 2015

Dar-Es-Salaam,  Tanzania
TRADE AFRICA 2017
TRADE AFRICA 2017, Internationl Trade Show on Products & equipment & Machinery. The exhibition will be held from 21 - 23 MAY 2017 , at Mlimani Conference Centre, Dar-es-Salaam, Tanzania.
Exhibitors
Trade Africa provides a unique opportunity to expand your brand in one of the most astonishing business destinations in Africa. Tanzania has a huge potential for Foreign Investors & Traders as country is unable to fulfill it's requirements due to small productivity.
Visitors
Trade Africa attracts visitor from different countries as a mass visitor campaign would be launced to make a prosper event as visiting countries include Kenya, South Africa, Congo, Sudan, Uganda, Rwanda, Botswana, Nigeria, Mali, Ethiopia, India, Egypt, UK, Germany etc.

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VENUE & TIMING
Mlimani Conference Centre

Mlimani Conference Centre
Dar-Es-Salaam - Tanzania
23- 25 May 2015 10:30 AM - 06:30 PM

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Tanzania News
New Projects Worth USD 4.25 Million Will Strengthen Tanzania Agriculture Productivity
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-TanzaniaDetails 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 3 million to Sea Rock, USD 20 million to Tanzania Electric Supply Company (Tanesco), USD 20 million to the Tanzania Ports Authority and the remaining USD 25 million to the Government of Tanzania

According to Admassu Tadesse, PTA Bank President and Chief Executive, the bank is committed to furthering development in the region and to strengthening financial markets through trade, project and infrastructure financing. ( Tanzania invest )

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 2013 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.

During the same year microeconomic indicators of the other East African countries mentioned in the report (namely Kenya, Uganda, and Rwanda) were the following:

Kenya had a GDP growth of 5.1% and an inflation that was successfully reduced to 5.7% at the end of 2013 and revamped to 6.4 % in April 2014. Uganda had a GDP growth of 5.8% in 2013 and an inflation of 5.9 % at the end of 2013 that was revamped to 6.9% in January 2014. Rwanda had a 6.5% GDP growth in 2013 and inflation of 4.2% at the end of 2013. According to the forecasts included in the report based on BOT and International Monetary Fund (IMF) estimates, Tanzania GDP is expected to reach 8.2% in 2014 and 8.1% in 2015. ( Tanzania Invest News )

The Deloitte report is available at the following link:
http://www.deloitte.com/assets/Dcom-Kenya/Local%20Assets/Documents/Budget%202014/EconomicOutlook2014.pdf
Tanzania Agricultural GDP Grew By 3.4%
 
According to the recently published Growth Africa 2014 Report, Tanzania Agricultural GDP Grew By 3.4% in 2011. In 2013 1,049 new jobs in agriculture were created, with $9.7 million of investments made in the sector. growafrica-tanzania-report. The report indicates that Tanzania is favorably endowed with a rich natural resource base to support agriculture development, including a huge potential for irrigated agriculture. Yet the sector attracts the least shares of foreign direct investment (FDI) stock despite impressive inflows of FDI to Tanzania. However with the renewed focus and drive to accelerate investment in priority value chains that the Big Result Now (BRN) initiative has injected, Tanzania is well-positioned to achieve the big results in agricultural growth it aims to secure.
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