The government of Tanzania has issued an ultimatum to the Chinese investor in the $10 billion Bagamoyo port project to either accept and work with its terms and conditions of the contract or leave.

The government of Tanzania has flagged off construction of Tabora- Katavi power transmission project. Speaking yesterday after laying the foundation stone for the construction of the power line at Kampuni Village in Mpanda District, Katavi region, President Magufuli said the project will help save millions that the fifth phase government has been spending to run power generators.

DAR ES SALAAM, Oct. 14 (Xinhua) -- The governments of Tanzania and Zambia have resolved to finance the re-capitalization of the ailing Tanzania-Zambia Railway Authority (TAZARA), a statement by TAZARA said on Monday.

Top 5 Announced China Outbound Deals

M&A Report (October 2019)

Africa’s first project financing facility for mini-grids, CrossBoundary Energy Access (CBEA), recently announced its first transaction to finance 60 mini-grids in Tanzania in partnership with a mini-grid developer, PowerGen Renewable Energy.

Kenyan President Uhuru Kenyatta and his Tanzanian counterpart, John Magufuli, agreed to explore trading in natural gas, which companies including Equinor ASA are looking to develop for export.

India's Bharti Airtel has agreed to pay 60 billion shillings ($26 million) over five years and cancel debt to resolve a dispute over ownership of its Airtel Tanzania unit, the Tanzanian government said on Monday.

DAR ES SALAAM – As a part of its growth, expansion and commitment to participate and contribute to industrialization in Tanzania, Total has acquired a $20 million blending plant that will see the manufacturing/blending of lubricants and grease done in Tanzania along with the introduction of Total innovations and high-tech knowhow to Tanzania lubricants industry.

Tanzania is set to receive US $1.46bn loan from the Standard Chartered Group, the British multinational banking conglomerate towards construction of phase II of the Standard Gauge Railway (SGR).