• Kenyan investors amount to 30 per cent of investors on the island.
• Zanzibar has seen a strong development as a highly attractive tourism destination with growth rates of 15 per cent and above each year.
• Kenyan investors seeking to expand their investment portfolios can buy projects in Fumba Town and The Soul in Zanzibar.

Kenya investors have turned to Zanzibar as a new investment destination following the opening up of the island’s economy to foreign investors.

According to a German real estate firm CPS, Kenyan investors amount to 30 per cent of investors betting on the island.

“We are seeing a lot of interest from Kenyans who want to invest in the island, Kenya is currently the third-largest investor after Tanzanian locals in first place followed by UAE,” said Sebastian Dietzold, Chief Executive CPS.

The firm set up operations in the Kenyan market, to offer investment opportunities for real estate …

• World Health Organization (WHO) has urged countries to follow science and the International Health Regulations (2005) instead of imposing flight bans on southern African nations due to concerns over the new Omicron variant
• WHO said travel restrictions might play a role in slightly reducing the spread of COVID-19 but place a heavy burden on lives and livelihoods

As a growing number of countries impose flight bans on southern African nations due to concerns over the new Omicron variant, World Health Organization (WHO) urges countries to follow science and the International Health Regulations (2005).

In a statement, WHO said travel restrictions might play a role in slightly reducing the spread of COVID-19 but place a heavy burden on lives and livelihoods.

If restrictions are implemented, they should not be unnecessarily invasive or intrusive and should be scientifically based, according to the International Health Regulations, a legally binding instrument of international law …

• In 2020, sub-Saharan Africa plunged into its first recession in more than 25 years, erasing at least five years of progress in fighting poverty.
• Economists forecast that lost ground will not be recovered until 2024, when they expect per capita output to return to pre-pandemic levels.
• The persistent impact of the pandemic on incomes means the poverty rate would translate into almost 25 million more people living in poverty, compared with pre-Covid estimates.

The COVID-19 pandemic has pushed an estimated 30 million people in sub-Saharan Africa into extreme poverty, wiping out more than five years of progress.

This is according to a report released at the ongoing Bloomberg New Economy Forum in Singapore which finds that whilst some ground will be made up as economies across the continent recover, this will still not be enough to meet the United Nations’ Sustainable Development Goal of eradicating poverty by 2030 – a …

• Africa’s death rates from COVID-19 infections are significantly higher in patients with diabetes
• The disease causes inflammation and poor blood circulation, both of which increase the risk of complications, including death, from COVID-19
• In addition to people with diabetes, the three most frequent underlying conditions included patients with HIV and hypertension

New data indicates that Africa’s sharp increase in diabetes is clashing with the COVID-19 pandemic and poor access to vaccines.

Africa’s death rates from COVID-19 infections are significantly higher in patients with diabetes, according to a preliminary analysis which the World Health Organization (WHO) presented today in advance of the World Diabetes Day on 14 November.

Dr Matshidiso Moeti, WHO Regional Director for Africa said the COVID-19 pandemic will eventually subside, but Africa is projected in the coming years to experience the highest increase in diabetes globally.

“We must act now to prevent new cases, vaccinate people who have …

• Bill & Melinda Gates Foundation, the Swedish International Development Cooperation Agency (SIDA), and UNICEF said the financing will help sustain national immunization programs
• These will include COVID-19 vaccination campaigns, and enable the timely procurement of essential health supplies while domestic financing is mobilized
• Access to diagnostics, treatments, vaccines and other essential health supplies is critical to ensuring that countries can protect their people against COVID-19 and other health threats

Three organizations have announced a $150 million financial guarantee to help UNICEF procure vaccines and other health-related supplies for low- and middle-income countries (LMICs).

The three, Bill & Melinda Gates Foundation, the Swedish International Development Cooperation Agency (SIDA), and UNICEF said the financing will help sustain national immunization programs.

These will include COVID-19 vaccination campaigns, and enable the timely procurement of essential health supplies while domestic financing is mobilized.

The financing will be effective through 2025.

According to the partners, many …

According to new figures from the International Union of Marine Insurance (IUMI), the shipping industry is seeing the biggest spike in lost containers in five years. More than 3,000 boxes dropped into the sea last year, and more than 1,000 have fallen overboard so far in 2021.

Ocean carriers successfully mitigated the impact of the supply disruption of the coronavirus outbreak in China during the latter part of Q1 by an aggressive blanking strategy, involving the withdrawal of some 36% of Asia to Europe sailings and 28% of transpacific head haul loaders during February.

The Gulf Leading electronics giant Brand, Maser’s CEO and Founder Mr. Prateek Suri said that the COVID-19 pandemic has heavily affected the global shipping industry with a $30 billion loss.

“The pandemic has sent shockwaves through supply chains, shipping networks, and ports, leading to plummeting cargo volumes and foiling growth prospects, the situation has heavily affected …