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China’s investment in Tanzania has hit a record $1.8 billion since President Xi Jinping’s visit in the East African country 10 years ago, while bilateral trade between China and Nigeria has taken dip by about a third in 2022 compared to 2021.

The Moroccan company OCP Group is reportedly in talks to help Tanzania overcome its food security challenges through the establishment of a fertilizer factory in the East African country.

Tanzanian President Samia Suluhu Hassan was received by Chinese President Xi Jinping in Beijing on Thursday during a state visit to China.

On 31st of August, the BoT reported the mean exchange rates for the Tanzanian shilling (TZS) against major currencies: USD/TZS 2,297.6, GBP/TZS 3,059.5, EUR/TZS 2,737.6, CNY/TZS 334.8, RWF/TZS 2.37, and KES/TZS 21.22.

According to the recently published African Economic Outlook 2020 report by the African Development Bank (AfDB), Tanzania will see a drop in its GDP growth to 5.2% in 2020 and 6.3% in 2021, from the pre-COVID–19 estimates of 6.4% and 6.6%.

The World Bank (WB) upgraded Tanzania's country classification by income level from low income to lower-middle income in 2020-21.

The economic costs are already being felt in Tanzania, and even with additional policy actions to strengthen the health response and mitigate the economic effects, 2020 GDP growth will likely slow sharply. Tourism has halted, and exports of manufacturing and agricultural goods ha...

Most of Tanzania’s horticulture produce is exported through Kenya's Jomo Kenyatta International Airport (JKIA). “If this tug of war continues, we’ll be the first to suffer as we still rely on JKIA and the port in Mombasa to export crops whose routes are not open from Tanzania,

Under the direction of President John Pombe Joseph Magufuli, Tanzania plans to become a middle-income country by 2025.