Tantrade says 220 foreign firms coming for Sabasaba

DAR ES SALAAM: TANZANIA Trade Development Authority (Tantrade) said yesterday foreign companies confirmed to participate in this year’s Dar es Salaam International Trade Fair (DITF) shot up by over 30 per cent.

The organiser of the Sabasaba data showed that 223 foreign companies confirmed compared to 167 firms last year.

The fair, the biggest in East and Central Africa in terms of visitors, kicks off next Saturday.

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Tantrade, Director Gen- eral, Ms Latifa Khamis told the Daily News yesterday that their target is to have 400 companies from abroad reach 83 percent up to yesterday.

“We are still receiving applications from both local and foreign companies… “I am optimistic the number will go up.

Some are coming even after the fair started,” Ms Khamis told Daily News.

Additionally, she said in the last three days the number of countries confirming participating at the fair increased from 23 to 25.

Tantrade goal is to have 30 countries in this year’s fair.

Also read: https://dailynews.co.tz/tantrade-envisages-to-reach-ditf-target/

“We will reach the target since we have over a week to go before the fair kicks off,” she said “We are still receiving applications.”

Last year products worth 3.8bn/- were sold compared to 3.6bn/- in 2022.

While, under B2B 16.98bn/- orders of goods and services were placed.

In addition, various Memorandum of Understanding (MoU) were signed between the Cotton Board of Tanzania and Algeria to buy 30,000 tonnes of cotton per year, and a sisal deal between the Tanzania Sisal Board with a company from India.

Another was between the Sokoine University of Agriculture (SUA) and the Chaudhary Charan Singh Haryana Agricultural University, India on exchange programmes.