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Tanzania

The Hub's accomplishments in Tanzania to Date:  

  • To date the Hub has supported 53 firms and associations to increase their export competitiveness;
  • Fifteen (15) firms have been supported to participate in various trade shows resulting in 86 business linkages;
  • Hub facilitated AGOA exports as at June 30 2017 stood at $239,600;
  • Exports to other market destinations as a result of Hub support are $53,600;
  • Due to the expanding export opportunities, 28 new full time equivalent (FTE) jobs have been created, 64% of which are for women;
  • Supported development of Tanzania National AGOA Strategy;
  • Supported successful implementation of ePing electronic alert system;
  • Supported the adoption of Technical Barriers to Trade (TBT) and Sanitary and Phytosanitary measures (SPS) notification submission system;
  • Supported use of ISOlutions which allows Tanzania to effectively participate in international standardization processes.

Related Blogs and Resources

Trade in East Africa

Published on June 13, 2016
A regional club of six countries, the EAC is now the most integrated trading bloc on the continent. Its members agreed on a customs union in 2005, and a common market in 2010. The region is richer and more peaceful as a result, argues a new paper* from the International Growth Centre, a research organisation. Many things boost trade, from growth to international deals. The researchers use some fancy modelling to pick out the effect of the EAC. They find that bilateral trade between member countries was a whopping 213% higher in 2011 than it would otherwise have been. Trade gains from other regional blocs in the continent are smaller: around 110% in the Southern African Development Community (SADC), and 80% in the Common Market for Eastern and Southern Africa (COMESA). Read more. Source | The Economist
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Manufacturing sector seen steadily growing

Published on June 09, 2016
The President’s Manufacturer of the Year Awards (PMAYA) has clocked eleven years and so are the industries efficiency, high-tech and competition. PMAYA has widened areas of competition as now there are 17 categories where industries are pitting in three groups—large, medium and small depending on capital, workforce and technology and environmental protection. The first is manufacturing, assembling and processing industries where there is three sub categories -- large scale with 100bn/- annual turnover and above, 500m/- and below 1.99bn/- and above 10m/- and 499m/-. The second is service and related industries, those large scale with a turnover of 40bn/- and above, medium with between 400m/- and 39.99bn/- and small scale below 400m/-. The last category is sub sector -- industrial activities such as pharmaceutical, finance, insurance, mineral products, printing and packaging, textile and apparels, timber and wood products and transport, storage and communications. Read more. Source | Daily News
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IDC to invest R12 billion for textile and clothing industry

Published on June 09, 2016
  The Independent Development Corporation (IDC) says it has invested about R12 billion in the textile and clothing industry in 2015. The IDC is one of the exhibitors at Source Africa - the annual pan-African textile, clothing and footwear trade event that brings together manufacturers, buyers, suppliers and service providers from across the continent, Asia and even the United States of America,currently taking place in Cape Town.  In 2016 the trade show has more of an international flavour with exhibitors from China and the USA. An exhibitor from USAID, Finn Holm-Olsen, says investment into Africa keeps expanding. The Trade Promotion and AGOA Director, East Africa Trade and Investment Hub , Mr. Finn Holm-Olsen said, Four or five years ago it was really a struggle to get buyers to come to Africa. That is not a problem anymore - they are coming in droves  Read more. Source | SABC
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Tanzania now targets industries and infrastructure

Published on June 07, 2016
The government’s aim is to jump-start an “industrial revolution” which the president said will speed up the growth of the economy, taking over from mining, given the falling prices of gold in global markets. The 2016/17 Development Plan will focus on the optimal use of the country’s comparative advantages with priority to developing the industrial base, focusing on agro-based industries, agricultural inputs, textile, leather, chemical and pharmaceuticals, light manufacturing and mineral-based industry. Read more. Source | Daily Nation    
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Africa must set itself higher targets to get ahead

Published on June 06, 2016
NTV’s Laban Cliff Onserio interviewed the former Kenyan MP and Trade minister on the sidelines of the recently concluded World Economic Forum (WEF) on Africa in Kigali, Rwanda. On Eastern Africa accomplishing its economic potential, secretary general of the United Nations Conference on Trade and Development (UNCTAD), Dr. Mukhisa Kituyi said, Eastern Africa has realised the most stable increase in FDIs in spite of the slowdown globally. It’s very telling, if the conditions improve in East Africa, the possibility of becoming a major driver in manufacturing-related investments  exists in a scale that has not been witnessed before. That said, there has to be a coherence between the spoken and the implemented.  Read more. Source|Business Daily
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Kinondoni organises exhibition for small scale entrepreneurs

Published on June 03, 2016
Kinondoni Municipal Council in Tanzania is scheduled to conduct a three-day exhibition to small entrepreneurs who benefit with loans from women and youth’s fund from the municipality through the Dar es Salaam Community Bank (DCB). The goal of the exhibition is to give small entrepreneurs in Kinondoni the opportunity to showcase their products to the public. Speaking to journalists in Dar es Salaam yesterday, the Information Officer for Kinondoni Municipality, Mr Sebastian Mhowera, said the exhibition is scheduled to start next week and will be opened by the Mayor of the Municipality, Mr Boniface Jacob. Read more. Source | Daily News
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Topic of Regional Economic Integration at AfDB

Published on June 03, 2016
The African Development Bank's annual meetings kicked off in Arusha this week, with a host of activities, including the launching of the 2012 African Economic Outlook. This is to be followed by the inauguration of another report about private sector development in the continent. ABN's Godfrey Mutizwa spoke to Uledi Mussa, Deputy Permanent Secretary of the EAC Ministry and Nkosana Moyo, Executive Chairman of Mining at the Mandela Institute of Studies. Read more. Source | CNBC
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EAC countries asked to enact laws on Foreign Direct Investments

Published on June 03, 2016
East African countries have been advised to formulate a legislation through which Foreign Direct Investments (FDIs) into the region can be regulated and monitored.The legislation should make sure that a region doesn't receive FDIs from a country or investment hub where EAC has a direct market. The moment FDI's are allowed from such areas, countries that are trading directly with EAC will benefit even more by taking advantage of the existing trade relations to abuse ways through which investments come into the country. The call was made by the Chairperson and member of the Committee of Trade investments and Communication in the East African Legislative Assembly (EALA), Mukasa Mbidde. Read more. Source | New Vision
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