Kibo Mining to begin exploration of metals-rich project in Tanzania with new Brazilian partner

Kibo Mining is to start exploration work at its Haneti project in Tanzania after finalising a partnership with Votim Metaís Participações — a subsidiary of Brazilian diversified metals group Votorantim.

The Haneti project, in the Dodoma region, is believed to contain substantial reserves of...

Tanzania to get US$14bn liquefied natural gas facility after fourth offshore find in a year

Norwegian gas and oil explorer Statoil is planning to build a liquefied gas facility at a cost of US$14bn in Tanzania, following Statoil and co-explorer ExxonMobil’s fourth high impact discovery of natural gas reserves in the Indian Ocean, about 100km off Tanzania’s coast. The companies discovered 4tn to 6tn cubic feet of gas...

China’s Xi Jinping pledges training for 30,000 African professionals during Tanzania visit

Chinese President Xi Jinping has told his Tanzanian counterpart, Jakaya Kikwete, that China wants a relationship of equals” with African states and will help train 30,000 African professionals to encourage economic growth in the region and faster...

China to fund new US$10 billion port for Tanzania as President Xi pays state visit to Dar Es Salaam

As new offshore gas discoveries in Tanzania turn the country into a hot spot for foreign investment, the President of China Xi Jinping, is in the capital to inaugurate construction of a new, modern port at Bagamoyo, which international observers say, will transform the...

Tanzania to learn from Nigeria on gas exploitation

The Tanzania Institute of Transport (NIT) and its Nigerian counterpart — the Nigeria Institute of Transport and Technology (NITT) — yesterday signed an agreement that will, among other things, see Tanzania benefiting from Nigeria’s experience in the oil and gas sector. This comes amid...

Tanzania, Turkey Sign Pact on Trade Relations

Dar es Salaam.The Tanzanian and Turkish governments on Monday signed a business agreement targeting specific areas of cooperation between the two partner states.
The agreement was signed in Dar es Salaam by minister for Industry, Trade and Marketing, Dr Abdallah Kigoda...

China Spends $1Billion in Tanzania

According to the Chinese Ambassador to Tanzania Mr. Lu Youqing the investment of their companies have moved China from 6th to 2nd position as the main foreign investor in Tanzania. He told East African Business Week in Dar es Salaam during the launch of 'Huawei ICT Star...

Dar es Salaam to Host Global 2013 Meeting

The Tanzania Business Council (TNBC) has called upon Tanzanians to actively participate in the Global 2013 Smart Partnership Dialogue slated for Dar es Salaam on May 24 next year.
The five-day event is a brainchild...

Business tycoon Mukesh Ambani heavily investing in Tanzania

Tanzania is going to benefit from the world's fourth richest person, 53 years old Mukesh Ambani, who plans to heavily invest in the country's air transport and hospitality industries.
Ambani made this announcement public...

Qatar Airways Expands African Network To Kilimanjaro

Qatar Airways has introduced its first flight to Kilimanjaro (JRO) in Tanzania. The new A320 service from Doha (DOH) operates daily via Dar es Salaam (DAR), the Tanzanian capital. Kilimanjaro thus becomes the airline’s 18th destination in Africa and 118th in all. Qatar Airways' CEO Akbar...

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