Browsing: Government of Germany’s Ministry for Economic Cooperation and Development (BMZ)

Germany scouts for investments in Tanzania
  • In his business tour, President Steinmeier is leading government officials and investors from over 12 German companies.
  • Tanzania expects to see an increase in trade relations with Germany, which has remains in favour of the European country. 
  • To further cement bilateral ties, German has agreed to return the remains of Tanzanian freedom fighters held in museums in Germany.

Germany’s President, Frank-Walter Steinmeier, is on a three-day state visit to Tanzania. With the high-profile visit, Tanzania expects to see an increase in trade ties with Germany, a relationship that has for decades remained in favour of the European economic giant.

President Steinmeier is leading government officials and investors from over 12 German companies. Tanzania hopes that his visit will serve to strengthen diplomatic, development and bilateral trade relations. Germany and Tanzania have shared a long history given that the later was a colony of the former until 1919.

President Steinmeier pledges