Dar es Salaam, Tanzania:
Tanzania received $3.68 billion in Indian investment during the previous fiscal year, according to Prime Minister Kassim Majaliwa.
Mr Majaliwa, who met a delegation of the Indian Parliament (Lok Sabha) led by the Asian country’s Speaker, Om Birla, said a total of 630 projects were registered by the Tanzania Investment Centre (TIC) during the period.
“This is a result of government’s efforts, under President Samia Suluhu Hassan to improve the investment environment,” said the Premier.
Mr Majaliwa said India and Tanzania have close economic cooperation. According to him, India is Tanzania’s third largest trading partner, with bilateral trade worth $4.58 billion in 2021/2022.
“Our trade ratio is almost the same, so we all benefit equally,” he said.
Tanzania and India cooperate in different economic aspects, including energy, water, health, trade and technology.
In June 2022, Indian companies signed an agreement with the government to develop $500 million water projects in 28 cities, which are expected to benefit over six million Tanzanians.
On the other hand, Mr Birla said the India Parliament would promote the cooperation between the two countries for long-term benefits.
“On behalf of the Indian Parliament, we congratulate President Samia Suluhu Hassan for her exemplary leadership, which has accelerated economic growth and implementation of mega projects,” he said.
Mr Birla and his delegation are in Tanzania for a three-day visit, during which they will also visit tourist sites like national parks and beaches.
Share this news
This Year’s Most Read News Stories
Concerns mount over Zanzibar new $44 travel insurance fee
Tour operators, hoteliers, tourists, and tourism stakeholders are raising alarms over Zanzibar’s new mandatory $44 travel insurance fee, set to take effect on September 1.Continue Reading
Africa: Rwanda Gets a Grip Of Marburg, But Mpox ‘Not Yet Under Control’
Monrovia — The Rwanda Minister of State responsible for Health, Dr. Yvan Butera, cautioned that while the country is beginning to see positive signals in its fight against the Marburg virus, the outbreak is “not yet over”. He, however, expressed hope that “we are headed in that direction”. The minister said the epidemiology trend, since the disease was first discovered in the country more than a month ago, is moving towards fewer cases.
Dr. Butera, who was giving updates during an online briefing yesterday, said in the past two weeks, only two deaths were recorded while 14 people recovered from the disease. He said Rwanda was expanding its testing capacity with 16,000 people already inoculated against the disease.
The priority right now, Butera said, is “rapid testing and detection”.
Marburg is a highly virulent disease transmitted through human-to-human contact or contact with an infected animal. The fatality rate of cases, which has varied over the period, is more than 50%, according to the World Health Organization. WHO said the highest number of new confirmed cases in Rwanda were reported in the first two weeks of the outbreak. There’s been a “sharp decline” in the last few weeks, with the country now tackling over 60 cases.
At Thursday’s briefing, a senior official of the Africa Centers for Disease Control, Dr. Ngashi Ngongo, said mpox – the other infectious disease outbreak that countries in the region are fighting – was been reported in 19 countries, with Mauritius being the latest country to confirm a case. He said although no new cases have been recorded in recent weeks in several countries where outbreaks occurred previously – including Cameroon, South Africa, Guinea, and Gabon – Uganda confirmed its first Mpox death. This, he said, is one of two fatalities reported outside Central Africa.
Dr. Ngashi revealed that there was an increase in cases in Liberia and Uganda. He said mpox cases were still on an upward trend.
“The situation is not yet under control.”
Source: allafrica.com
US taps Tanzania for infrastructure plan in battle with China for minerals
Washington wants to tap into the country’s minerals, particularly its nickel mines.Continue Reading
