17th - 19th April 2020

 Dar-Es-Salaam,  Tanzania
BUILDAFRO TANZANIA 2020, International Trade Show on Building & Construction. The exhibition will be held in Conjunction with Trade Africa 2020, from 17 - 19 April 2020, at Diamond Jubilee Hall , Dar-es-Salaam, Tanzania.
BUILDAFRO TANZANIA 2020 provides a unique opportunity to expand your brand in one of the most astonishing business destinations in Africa. Tanzania has a huge potential for Medical & its related products. The Exhibition attracts exhibitors from around 18 countries.
BUILDAFRO attracts visitor from different countries as a mass visitor campaign is launched 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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Diamond Jubilee Hall

Diamond Jubilee Hall
Dar-Es-Salaam - Tanzania
17 - 19 April 2020
10:00 AM - 06:00 PM

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Trade Africa
Tanzania News
Tanzania Gets USD 268 Million To Extend Lake Victoria Water Pipeline

On 19th June 2015, the Export-Import Bank of India (Exim) and the Ministry of Finance of Tanzania signed an agreement to extend additional line of credit (LOC) of USD 268 million to the Government of Tanzania, for financing the extension of Lake Victoria water pipeline to Tabora, Igunga, and Nzega.

Mr. Yaduvendra Mathur, Chairman and Managing Director of Exim India and Ms. Dorothy Stanley Mwanyika, Deputy Permanent Secretary of the Ministry of Finance of Tanzania, signed this agreement that will bring drinking water to more than 400,000 people in the dry north-west region of Tanzania.

This is the fourth LOC extended by Exim bank to Tanzania. The first LOC of USD 40 million was extended for financing supply of tractors, pumps and equipment; the second one of USD 36 million was destined to finance the acquisition of vehicles, and the third one of USD 178.125 million was extended for financing augmentation of water supply schemes of Dar es Salaam and Chalinze regions in Tanzania.

Tanzania Launched Eurobond as it Signed Agreement With Ratings Agencies in July 2015

Tanzania much-awaited Eurobond to finance infrastructure projects, particularly roads and railway networks, as the government will soon sign agreement with rating agencies for its credit-worth evaluation.

The Minister for Finance and Economic Affairs for Tanzania, Ms. Saada Mkuya Salum indicated in her recent speech to the national assembly about the estimates of government revenues and expenditure for the fiscal year 2015/16 that “Discussions between the Government and Moody and Fitch Rating Agencies that will conduct rating to determine credit-worth of Tanzania to borrow from International Financial Market has been finalized. It was our expectation that the contract between Government and Raters would signed before July, 2015.”

The Lamudi report went on to indicate that the continued growth of the Tanzania economy presents an increasing number of opportunities for investors looking to take advantage of the opportunities in the real estate sector. “The government's efforts to change their market policies, has led to a more inviting and stable investment environment for local and foreign businesses [which] will lead to a flourishing economy,” the report reads. Research for the report was gathered through a series of online surveys and interviews with house-hunters and real estate agents in each country and also uses onsite data gathered from a network of Lamudi websites to effectively scrutinize the habits of online property-seekers and provide insights into the future of the real estate sector.

Dangote Cement New Factory In Tanzania Started Production In August 2015

Aliko Dangote, the owner of Dangote Cement announced that the new Tanzania factory is ready to start production by August 2015. The company who is the largest manufacturer of cement in the African continent is building a USD 500 million factory in southern Tanzania with an annual capacity of 3 million tonnes. The Tanzania plant will supply the domestic market and export to landlocked countries in the region and is expected to bring the country's annual output of cement to 6 million tonnes . Aliko Dangote indicated that the company applied last year for a license to build a 75 megawatt coal-fired plant in Tanzania that would power the cement factory although it will be initially powered by the electricity grid. Dangote Cement aims to have plants across Africa to increase the annual capacity from an estimated 42 million tonnes in 2014 to 62 million tonnes by 2017.
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