Message from Ambassador
It is my honour and priviledge to welcome you to the official website of the Embassy of the United Republic of Tanzania in Paris, France. The Embassy covers both bilateral and multilateral issues. At the bilateral level the Embassy is accredited to France, Portugal, Spain and Tunisia.
At the multilateral level the Embassy is accredited to the United Nations Education, Scientific and Cultural Organisation (UNESCO), Bureau of International Exhibitions (BIE), Animal Health Organisation (OIE) and follows proceedings of the Organisation for Economic Cooperation and Development (OEDC), all based in Paris, France. The Embassy is also accredited to the United Nations World Tourism Organisation (UNWTO) based in Madrid, Spain.
The prime objective of our Embassy is to strengthen and enhance bilateral as well as multilateral relations between Tanzania and the countries of our accreditation as well as with the International Organisations in our purview. We are also charged with the responsibility of implementing Economic Diplomacy which is the main thrust of the Tanzania's Foreign Policy of the 21st century. Top on our agenda is the promotion of Tanzania as an investment, tourism and business destination.
Tanzania financial markets among the best in Africa - Study
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By DAILY NEWS Reporter
09 March 2018
TANZANIA financial markets have been rated on 11 slots in Africa overall index after scoring 44 per cent, heading to sustainable and inclusive growth.
The index report, the first of its kind to be issued by Barclays Africa Group, showed that the country has beaten Egypt, Morocco and Ivory Coast. Launching the report yesterday, Barclays Tanzania Managing Director, Abdi Mohamed, said the Africa Financial Market Index (AFMI) advocates for the expansion and deepening of financial markets across the continent.
“The Index provides countries with valuable insights and tools to improve the state of their financial markets,” Mr Mohamed told reporters yesterday. The survey of the stock markets of 17 African countries showed that Tanzania scored 44 per cent in the continent ahead of the likes Morocco (42%) Ivory Coast (41%) and Egypt (39%).
South Africa with a score of 92 per cent was ranked first. AFMI measures six pillars namely depth and breadth per instrument or product that can be traded, access to foreign exchange, market transparency, tax and regulations, macroeconomic opportunity, legality and enforceability.
Tanzania’s energy uncovered Liquefied Natural Gas (LNG): the fuel that could power Tanzania’s economy tomorrow
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By Beatus Rwechungura; 06 March 2018
ENERGY supply is one of the greatest challenges facing the planet as traditional fuel sources such as coal and oil run out. This is on top of the mounting condemnation from communities determined to tackle climate change and pollution.
Coupled with the unrelenting upsurge in demand for energy, it is obvious that effective solutions are urgently needed. As we face this massive challenge, the question then is how can we provide reliable, affordable and sustainable energy for a growing population? This question does not have a simple answer, but it is constantly at the forefront of the energy industry’s mind.
Tanzania touted as one of the fastest growing economies in Africa
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African Media Agency (AMA)
01 March 2018
THE report, commissioned by ICAEW and produced by partner and forecaster Oxford Economics, provides an analysis of the African continent’s economic performance. The report provides a regional overview, and focuses on South Africa and Zimbabwe.
According to the report, Kenya’s GDP growth projection is expected to rise to 5.7 percent, an improvement from the previous quarter’s 4.6 percent growth projection. Despite the improved projections, Kenya’s growth is still moving at a slower pace than regional competitors Tanzania, Ethiopia, and Uganda.