Tanzania launches construction of USD 100 Million Tanga LPG Terminal Project with a capacity of 40,000 cubic meters. The terminal is set to become the country’s largest liquefied petroleum gas (LPG) facility, aiming to boost clean cooking access, create jobs, and serve as a regional energy hub. On 5th June 2025, Tanzania’s Deputy Prime Minister […]

On June 19, 2025, Tanzania will inaugurate the Kigongo–Busisi Bridge, popularly known as the Magufuli Bridge. Spanning 3.2 kilometers across Lake Victoria, the TZS 716 billion ($308 million) infrastructure project is expected to cut travel time significantly, stimulate trade, and ease the movement of goods and people.

The World Bank has validated Tanzania’s economic momentum, projecting 5.4% growth in early 2025. The services sector, particularly tourism, has played a significant role, with international arrivals rebounding and foreign direct investment (FDI) reaching US $1.34 billion in 2023. Inflation has remained stable at around 3%, and tax revenues have surged by 18.4% in Q1 […]

Tanzania’s Finance Minister and Central Bank Governor have jointly announced a forecasted GDP growth of 6% in 2025, up from 5.4% in 2024. This optimism is driven by increased infrastructure investment, improved business environment, and rising domestic consumption. The government is prioritizing industrialization, digital transformation, and agriculture modernization to ensure economic sustainability.