Author: Padili Mikomangwa

Climate change in Africa costs a lot, and climate extremes hit the region hardest. Between 2014 and 2018, roughly $5 per year, a person was the adaptation funding to each African – standing on less than $5.5 billion per year (World Economic Forum). It is more than fair to say without financial support, climate change will probably push Africa’s impoverishment to a whole new level, as millions of Africa might be into extreme poverty by 2030. The latter proves Africa to be at a relatively disadvantageous position as it contributes the least to global emissions and climate change. Yet, it…

World Bank forecast Africa’s economy to grow by 3.6 per cent in 2022 Circular economy stand to improve job creation and the industrial sector in Africa Africa Agenda 2063 could be achieved swiftly by circular economy models The circular economy is a bankable business model for Africa. It enables the realization of sustainable development in Africa, said African Development Bank’s climate change and green growth department Officer-in-charge AL-Hamndou Dorsouma, according to information from African Development Bank. Africa’s economy could be revitalized by strategic circular economic models, especially during these recovery times, when Africa is struggling to rebuild its economy hurt…

Nearly 3 million signatures have been gathered to rally against Maasai eviction by a web-based movement, Avaaz Ngorongoro is one of the most exotic tourism attractions in Tanzania Tourism is one of the top foreign currency earners in Tanzania Tanzania’s Ngorongoro Conservation area is one of the most impactful tourism attractions. It is with no doubt this particular area is one of the reasons Tanzania stands at number four in the global rank of most naturally beautiful countries on the planet, according to the natural beauty report done by Money. A United Nations Educational Scientific and Cultural Organization (UNESCO) Heritage…

Learning poverty is costing African young learners dearly Median international school fees in Africa span from US$4000 to US$10000 in Africa Free education in Africa is now available across most countries. Education is the most valuable investment any country can have, but the COVID-19 pandemic places this priceless activity in a rather unprecedented position, threatening the fate of the next generation. Various numbers and figures  make the latter clearer. According to International Schools Database, Median international school fees in Africa span from US00 to US,000 in Africa. (https://artandhistory.org/) According to a 2020 based study on 14 countries, the average spending…

According to the review, money supply to accommodative monetary policy measures and supportive fiscal policy during the first half of 2021/2022.

Tanzania is a nation whose economy is driven by the healthy participation of the private sector, the sector fair well amid slow times.

Credit to the private sector grew by 5.9 per cent compared with an average of 5.1 per cent from July to December 2020.

In this context, it is only intelligent and strategic for any country, especially developing economies, to start laying down foundations on how they will work in the coming future.  We take a look at Tanzania. 

The WEF argues that new technologies, demographic shifts, and the impact of COVID-19 on the labour market have been radically transforming how organizations conduct business and the type of skills their human capital needs to support them thrive in this new era of work. 

“Nearly 50 per cent of companies expected that by 2020, automation will lead to some reduction in their full-time workforce, while more than half of all employees will require significant re-skilling and upskilling,” notes WEF. 

Since the advancement of the standard of living, most parts of the world have experienced a relatively rapid population growth than ever before which can be hugely beneficial for economic development if utilized strategically.   Population growth is rapidly occurring in Africa, with Tanzania now hosting more than 59 million people in its vast, arable and mineral-rich land. This increase puts the East African country, which ascended last year to a low-middle-income status, in a much more advantageous position to move forward or experience a decline.  The World Bank (WB) – one of Africa’s (and Tanzania’s) close development partner argues that…

The entertainment and media industry has evolved to become one of the most profitable sectors in modern economy. Across continents, entertainment and media (E&M) has levitated talents and shared cultures like no other format since the dawn of time.   At the same time, media has connected cultures beyond language and physical barriers. Who doesn’t know Diamond Platnumz, Ali Kiba or Zuchu (except for non-Afro pop fans) in East, South and Central Africa, to mention a few?  From e-papers to virtual reality, modern ways of communication have made information- sharing seamless, and the world has become a village, literally.   When…

Rwanda has gone a step further and promoted its tourism attractions on the world stage, through sports via its ‘Visit Rwanda’ tagline on England’s Premium League football clubs. 

The EAC core objectives compel the countries to bring collective efforts to promote their industry and share benefits as they come. So far, the EAC treaty (under Article 115) has shown partner states can undertake and develop collective and coordinated approach to the promotion and marketing of quality tourism into and within the community (EAC). 

Hence, the entire concept of coordinating policies in the tourism industry to establish a framework of cooperation is vital, as it will promote the equitable manner of benefit-sharing. 

President Samia has doubled down on business and investment in Tanzania Tanzania has adopted a new tone towards foreign direct investment Tanzania is striving to become the best tourism hotspot in Africa As a lower-middle-income country, Tanzania is putting in a considerable amount of work to build itself towards attaining its industrial revolution objective.   The industrial driven economy mission and energy inspired by the late President John Magufuli has spilt over to the incumbent presidency – under Samia Suluhu Hassan.   Over the past six years, Tanzania has taken tremendous steps towards achieving its primary objectives, including upgrading its economic status,…