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Tag: Tanzania
Africa at the heart of India’s quest for superpower status — experts
In this era of geopolitical competition and realignment, India recognizes Africa as a key component in its pursuit of superpower status and the continent is ... Read More
Tanzania central bank to sell dollars to commercial bank amid liquidity crisis
Tanzania’s central bank will begin selling US dollars to commercial banks to boost liquidity amid high demand for foreign currencies. “The initiative aims to ensure ... Read More
Mozambique: insurgency in resource-rich Cabo Delgado fueled by influx of foreign jihadists
The recent surge of new attacks by an Islamic State-affiliated group in Mozambique's Cabo Delgado province has been fueled by an influx of Islamist fighters ... Read More
Tanzania-DRC-Kenya corridors vital to expanding intra-regional trade, contributing to AfCFTA success
Trade corridors between Tanzania and Democratic Republic of Congo (DRC) and between the latter and Kenya have been highlighted as the key links that will ... Read More
Red Sea crisis to affect global trade, fuel inflation in Africa and beyond
Escalating attacks by Yemen’s Houthi rebels on ships in the Red Sea have not only unraveled a key global trade route, sending shipping and insurance ... Read More
East African Community to benefit from Somalia’s entry and DRC president’s re-election
Somalia’s entry into the East African Community (EAC) and the re-election of the Congolese president are likely to provide an important impetus to the financial ... Read More
Tanzania aims high to become go-to-market for all of Africa’s electrical equipment needs
Tanzania is venturing into the manufacture of electrical equipment aiming to become a key player in the industry, which is part of the government’s strategy ... Read More
Washington hails ‘record’ year for US-Africa ties post-2022 leaders summit
The United States had delivered more than 40% of commitments made at the United States-Africa Leaders Summit (USALS) one year ago, which hosted about 50 ... Read More
Somalia formally joins East Asian Community but enormous security challenges remain
Somalia has finally been admitted to the East African Community (EAC) as its eighth member, thirteen years after its original application to join, as the ... Read More
Tanzania doubles its FDI inflows to over $1bn in 3Q, reflecting investor confidence
Tanzania’s Foreign Direct Investment (FDI) figures went up almost twofold year-on-year to $1.05 billion between July and September against $524.4 million in the same period ... Read More