Africa Americas International

VP Harris starts visits to three African countries Sunday in latest US outreach

US Vice President Kamala Harris will become the highest-ranking Biden administration official to visit Africa when she begins a tour of Ghana, Tanzania and Zambia on Sunday. Harris will focus on strengthening partnerships, security and economic prosperity, her office said, with analysts adding that her mere presence – as the first female vice president who […]

Africa Business Emerging Markets Features Headlines International

China refocuses on food and agriculture in its relations with Africa

China is importing more food products such as avocados, cashews, sesame seeds and chili peppers from Africa, after President Xi Jinping promised to increase non-resource imports from Africa and agriculture is emerging as the new focus of Beijing’s engagement with the continent. In the first two months of this year, Shanghai ports handled more than […]

Business Emerging Markets Features Finance Headlines

Russia, India to move away from US dollar in their trade exchanges with Africa

Trade exchanges between Russia and Africa should move away from the US dollar and be facilitated by transition to national currencies, Russian President Vladimir Putin has said, just as Tanzania and India have inked an agreement establishing a platform by which their bilateral trade will be carried out in their own currencies, not the dollar. […]

Africa Business Headlines International

Tanzania becomes Africa’s food-producing hub, aided by conducive business environment

Tanzania, besides becoming an apex investment destination in Africa, has now developed as a food-producing hub in the continent, according to latest data from the Bank of Tanzania (BoT) and the Ministry of Agriculture. The food production boom in the East African country was possible thanks to the initiatives of its current administration, which has […]

Business Emerging Markets International

Tanzania ranked among Africa’s top investment destinations

The number of registered business projects in Tanzania increased by 128% in February, highlighting the success of the government’s pro-business stance that is sending a positive message to prospective investors. The 7,370 jobs expected from the new projects in February represent a 493% increase over those created by projects registered a year ago, according to […]

Culture Features Headlines Lifestyle

East Africa promotes regional, China tourism to reduce over-reliance on US, Europe

In their post-Covid recovery plans, East African countries are promoting niche products, such as cruise, adventure, culture and sports tourism, in emerging tourist markets such as China, in a strategy expected to spur growth in the sector. To reduce over-reliance on traditional source markets in Europe and the United States, East African countries are shifting […]

Africa Features Headlines International

Tanzania opposition figure comes back home after years in exile

Tanzanian opposition politician Godbless Lema has returned home after two years in exile in Canada over threats to his life following a disputed election. A huge crowd came to welcome the former lawmaker from the main opposition Chadema party who fled the country in November 2020, AFP reports. Lema said he “wept” upon seeing such […]

Africa Business Emerging Markets Headlines International

Slow takeoff for Africa’s AfCFTA: Tanzania joining FTA in July, Nigeria not yet ready

The African Continental Free Trade Area (AfCFTA) market has been a long time coming, but several African nations and major companies have finally started shipping goods and trading a trickle of goods under the AfCFTA agreement signed in 2018. Tanzania is one of the African countries that have decided to take part in a new […]

Africa International

Tanzania bans school textbooks for promoting LGBTQ rights

The Tanzanian government has banned a popular series of children’s books from schools on the grounds that they violate local cultural values of the Eastern African country, Nation Africa reports. Education Minister Adolf Mkenda on Monday took aim at “The Diary of a Wimpy Kid” books, and said the government was monitoring libraries in both […]

Africa Business Emerging Markets Headlines International Morocco

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 inflation. “President Samia Suluhu Hassan had met with Moroccan state-owned fertilizer producer The OCP Group for talks to establish another plant in Tanzania,” Tanzanian media The Citizen reported. Morocco’s phosphates […]