Latest news on Tanzania's economy, tourism, economic diplomacy and international investment opportunities.
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ippmedia, December 13, 2018

Only a tiny fraction of the Selous Game Reserve will be used to build the proposed hydropower dam, the president stated at yesterday’s formal signing of the landmark project deal with and the Egyptian construction firm Arab Contractors at State House in Dar es Salaam.

Magufuli cited four main reasons which make it a must for the project to be implemented, including low implementation costs and much-expected massive benefits.

Hydropower is much cheaper compared to other energy sources, he pointed out, costing 36/- per unit as against 65/- for nuclear power, 103/- for wind energy, and 114.5/- for geothermal energy.

The biggest benefit of the project is that it will generate 2,115 megawatts of electricity, which is more than all the electricity generated from all other available sources (1,560MW), he said.

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Dar es Salaam — The Boards of Directors of the African Development Bank Group have approved $322.35 million loans and grant to Burundi and Tanzania to finance the Rumonge-Gitaza (45 km) and Kabingo-Kasulu-Manyovu (260 km) road upgrading project.

According to a statement issued by the Bank on Thursday November 22, the project aims at strengthening regional integration and trade in the East African Community, particularly between Tanzania and Burundi through improved cross-border transport and is part of the East African roads network linking the Port of Dar es Salaam to the regional markets in Tanzania, Burundi, Rwanda, Uganda and the Democratic Republic of Congo (DRC).

To be completed in 2023, the project comprises several phases, including the upgrading from gravel to bitumen standard of Kabingo-Kasulu-Manyovu (260 km) road section in Tanzania and rehabilitation of Rumonge - Gitaza (45 km) paved road section in Burundi.

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On 26 November, 2018 Tanzania launched electronic visa and residence permit services for foreign nationals wishing to visit or live in Tanzania, aiming to enhance efficiency and boost security as well as revenue collection.

Speaking during the launch, Tanzania's Prime Minister Kassim Majaliwa urged the beneficiaries of the new e-documents to abide by the laws of Tanzania and conditions of their visit or residence, according to a statement availed to the media yesterday.
"Electronic visas and residence permits launched on Monday are parts of efforts made by the government to ease access to the country with the view to promoting investment especially in the industrial sector," the Tanzanian premier said.

The e-immigration service started immediately after the launch, meaning all foreigners wishing to visit or reside in Tanzania can make such applications online from all corners of the globe.

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BY: Government Communication Unit, Ministry of Foreign Affairs

Tanzania has won the Award for the ‘’Best Destination to the World’’ in the Category of Exotic Destination 2018.

On 21st November, 2018, the Ambassador of Tanzania to Russia, His Excellency Maj. Gen. (Rtd) Simon Mumwi on behalf of the Government of the United Republic of Tanzania will be receiving a Russian National Geographical Traveler Award at the ceremony scheduled to be held in Moscow.

Tanzania won the Award after online voting conducted by the Russian version of National Geographic Magazine that involved 263,000 online readers.

Tanzania is winning this Award for the third time since 2011 where Zanzibar was chosen as the Best Beach Tourist Destination in Africa and therefore awarded the Star Travel Award. Last year, Tanzania also received a National Geographical Travel Award as the second best destination in the world in the category of exotic destination.

These achievements reflect efforts made by the Government of Tanzania through its Embassy in Russia, Ministries of Tourism and Natural Resources both in Tanzania Mainland and Zanzibar and other Institutions in tourism industry.

Downloadable Documents on Investments

For further documents please visit the websites of the respective government institutions or the Tanzanian Government Portal: www.tanzania.go.tz/documents