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Browsing: African Continental Free Trade Act
- President Mama Samia Suluhu Hassan is leading Tanzania to become Africa’s greatest transportation corridor.
- The comprehensive transportation developments in Tanzania are strategically designed to boost economic growth, enhance regional trade, and foster regional integration.
- Tanzania faces challenges in financing and meeting construction timelines for its ambitious projects.
In the heart of East Africa, a remarkable transformation is unfolding. Led by President Mama Samia Suluhu Hassan, Tanzania is emerging as a formidable economic powerhouse on the continent. Under her stewardship, the nation strategically harnesses its geographic location and embarks on ambitious infrastructure projects that promise to redefine its role regionally and globally.
With a visionary approach, President Suluhu Hassan is steering Tanzania towards becoming Africa’s most significant transportation corridor. This transformation is anchored in large-scale investments in transportation infrastructure, encompassing rail, road, air, and sea connectivity. These initiatives reflect an acute understanding of the pivotal role that efficient, modern transportation systems …
- Kalemie, on the DRC side of Lake Tanganyika, is a vital connection point, linking the DRC with regional ports such as Bujumbura, Burundi, Mpulungu, Zambia, and Kigoma, Tanzania.
- Tanzania’s exports to Congo were worth about $280.54M in 2022, per the United Nations’ Comtrade Database of International Trade.
- Lake Tanganyika, an important geographical feature that serves as a natural boundary between the two countries, plays a crucial role in this developing relationship.
The trade between the Democratic Republic of the Congo (DRC) and Tanzania is growing rapidly. Both countries have great potential for economic growth and development. Lake Tanganyika, an important geographical feature that serves as a natural boundary between the two countries, plays a crucial role in this developing relationship.
Trade Corridors and Infrastructure
One particularly important corridor for trade connecting these countries is the Central Corridor in Eastern Africa. It links the DRC, Rwanda, Burundi, Uganda, and Tanzania with …
