Tag: Tanzania
Tanzania seeks more investments by Morocco’s OCP
Tanzania is seeking to have another OCP plant to produce fertilizers in the country as part of efforts to bolster farming output and reduce food ... Read More
Uganda issues license for construction of controversial oil pipeline
Uganda has issued a license for the construction of a pipeline across the country and Tanzania to transport hydrocarbons from East Africa to international markets, ... Read More
Tanzania: Emmanuel Tutuba, new governor of Central Bank
Samia Suluhu Hassan, President of Tanzania, has appointed Emmanuel Tutuba as governor of the country’s central bank, in replacement of Florens Luoga, whose five-year tenure ... Read More
Former Kenyan leader Uhuru Kenyatta appointed to mediate crisis in Eastern DRC
The leaders of East African Community, EAC, have appointed former Kenyan leader Uhuru Kenyatta to broker political negotiations to end the security crisis in the ... Read More
Pre-COP27 warning: Africa’s great migration at stake due to climate change
Changing weather patterns are wreaking havoc on East Africa’s wildlife and placing the region’s people at greater risk too. As the planet warms, the natural ... Read More
Burundi re-opens borders with all neighbors including Rwanda
Burundi has reopened borders with its neighbors including Rwanda with whom it has had sour relations since 2015 over accusations that Kigali provides safe haven ... Read More
Uganda’s thriving financial sector ranked no.1 in East Africa
Uganda is running an economy with the most developed financial sector in East Africa, which is only the latest feat that depicts a major milestone ... Read More
Africa is winning cryptocurrency adoption despite 2022 bear market
With many Africans using cryptocurrencies for everyday transactions rather than speculation, cryptocurrency market across Africa grew by over 1200% between 2020 and 2021, and its ... Read More
Afreximbank approves $200 million for Uganda crude pipeline as NGOs denounce the project
Afreximbank has approved $200 million toward financing of a contested oil pipeline to export Uganda's crude, while a report released by two environmental NGOs has ... Read More
East African economies: conflict, drought and inflation signal tough times ahead
East African economies will decline this year driven due to political instability, unreliable rainfall and reducing agricultural yields, says the latest Macroeconomic Outlook Report for ... Read More