African Business News

Tanzania - Sweden To Address Trade Imbalance

Tanzania and Sweden are seeking to put in check the existing trade imbalance between the two countries. The two parties met to discuss the issue as well as look for ways to open new markets for their agricultural produce. Both parties have identified the potential in the sector and deem it ideal for business and more export opportunities to foster their economies.

Mr. Boniface Michael, the Acting Director of Trade Promotion at the Tanzania Trade Development Authority   said they would, “equip our producers with the right knowledge and requirements for trading with the country (Sweden).”

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Tanzania gets over 100 mln Euro agriculture sector support from EU

The European Union (EU) and the government of Tanzania on Tuesday have signed a 103.5-million-Euro financing agreement to improve productivity in the agricultural sector.

 A joint statement by the EU and the government of Tanzania said will focus on horticulture, coffee and tea to improve agricultural productivity.

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Balsam International to Travel to Dar es Salaam for Medical Help

Balsam International, a heart surgery and cardiology team is preparing to go to Dar es Salaam, Tanzania, in the next few days to treat 176 heart patients after successful trips to treat 225 heart patients in Yemen.

Dr. Imad Bukhari, cardiac surgery consultant and CEO of Balsam, said that during the six-day trip the team aims to conduct 16-18 open heart surgeries, about 60 catheterizations, offering treatment to 100 cases in outpatient clinics in collaboration with the medical team at the Jakaya Kikwete Cardiac Institute.

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Tanzania acquires coffee, tea and legumes market in China

Tanzania Trade Development Authority (TTDA) has said that the country has secured a market for coffee, cashew nuts, ginger, tea, peas, and legumes in China where there is high demand for the commodities.

A media report said that the development was announced by TTDA Director General, Mr Edwin Rutageruka after the Asian country was impressed by the commodities during ChinaASEAN expo 2018 held in China.

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