Tanzania launches Africa’s first $300 million smart economic zone

Investment, Industry and Trade deputy Minister Exaud Kigahe (left) receives an appreciation award from Mkinga Economic Zone project chairman Nauel All Assad (right) on Tuesday in Dar es Salaam at the launch of the $300 million worth project. PHOTO | COURTESY

By  Alex Nelson Malanga

Business journalist

What you need to know:

  • The project is the first of its kind in Africa spanning on a 650 acres of land with an expectation to create at least 3,000 jobs most being locals

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