First Independent Mena Newspaper
Talks are ongoing between the Democratic Republic of Congo (DRC) and Uganda about possible use of the east African country’s planned controversial pipeline for transporting Uganda’s crude to foreign markets when it begins production in 2025. Uganda is developing the $3.5 billion 1,445-kilometer East African Crude Oil Pipeline (EACOP) that will start from oil fields […]
Tanzania’s communication sector has recorded a significant growth as it approaches the saturation point of 100% penetration, according to the Tanzania Communications Regulatory Authority (TCRA). Telecom penetration has almost reached its maximum potential, with numbers hovering around 98% in 2022 and the first quarter of 2023, the TCRA has said in its latest report, adding […]
Air Tanzania Company Limited and Kenya Airways top officials have met to discuss the possibility for a cargo transportation collaboration aiming to increase value and reduce operating coasts. Kenya Airways Group managing director Allan Kilavuka, who visited Tanzania recently, said in a statement that the two airlines could cooperate in different areas, particularly in cargo […]
Tanzania has inked deals worth $667 million with three Australian companies to mine rare earth minerals and graphite, part of President Samia Suluhu Hassan’s drive to fast-track negotiations on long-pending mining and energy projects. Tanzania’s president has witnessed the signing of the deals at a function held at Chamwino State House in Dodoma. Under the […]
Burundi and Tanzania have floated a tender for designing and constructing about 282 kilometers of electrified railway, part of East Africa’s wider cross-border electric railway line plans aiming at boosting the competition for cargo business in the region and helping the region tap a US$3 trillion single market opportunity. What will be the continent’s second […]
After first denying the covid-19 crisis, Tanzania is now unable to account fully for aid received from abroad, as the country’s controller and auditor general has found irregularities of more than $1.6 billion in the funds allotted for the country’s Covid-19 socioeconomic recovery and response (TCRP) plan. The audit report of Tanzania’s controller and auditor […]
The U. S. vice president Kamala Harris ended on Saturday her weeklong Africa trip that led her to Ghana, Tanzania, and Zambia. If the influence of other foreign powers loomed over her trip, she tried to deepen and reframe U.S. relationships with the continent, highlighting major steps in that direction. “My visit has convinced me […]
China’s investment in Tanzania has hit a record $1.8 billion since President Xi Jinping’s visit in the East African country 10 years ago, while bilateral trade between China and Nigeria has taken dip by about a third in 2022 compared to 2021. China’s direct investment stock in Tanzania is 2.5 times that of 2012, according […]
Home to the second most crypto-currency holders in the world, Africa is in urgent need for greater consumer protection and regulation of the crypto industry, experts say, which has been highlighted by the collapse of the world’s third largest crypto exchange FTX and subsequent plunge in the prices of major crypto assets, most notably Bitcoin. […]
US Vice President Kamala Harris arrived Sunday (26 March) in Ghana for the start of a weeklong visit to Africa intended to deepen her country’s relationships amid global competition over the continent’s future. “I’m very excited about the future of Africa,” Harris said and added that she wanted to promote economic growth and food security […]