Africa and China have had an interesting relationship in the last decade with the Asian giant enthusing that the relationship with the world’s second-largest continent is based on mutual partnership and understanding. …

While China is not investing much in Africa’s manufacturing, there is a lot that is happening to boost the sector, an indirect benefit of its presence on the continent. 

After surpassing the US in 2009, China became Africa’s largest trading partner.  The Asian giant’s hegemony over the continent has ruffled feathers globally as hitherto allies and financial muscles become decrepit, unable to keep the investment pace by the Chinese.

For perspective, China’s trade with Africa has exploded.  From trade worth US$10 billion in 2000, the Chinese are now controlling an estimated US$208 billion, up from US$155 billion in 2017 according to the UN Comtrade.

Read: U.S. Beware: China is ahead of the game

The South China Morning Post reported in January that China’s trade with Africa grew 2.2 per cent to hit the US$208 billion mark. 

Prior to this, and …

Accounting for about 16 per cent of the world’s human population, the demands continue increasing especially for job creation, food security and education among others.…

The insurance industry in Tanzania is poised for growth and has the potential to pocket more markets over time.  

The industry has gained vital milestones as the Tanzanian Insurance Regulatory Authority (TIRA) argues that the country has continued to play its strategic role in the national economy by providing underwriting capacity, making appropriate compensation against risks and contributing towards mobilization of financial resources for Tanzania’s sustainable economic development. 

In 2019 former insurance regulator Dr. Baghayo Saqware noted that essential reforms were underway to increase coverage and stimulate economic growth by ensuring implementation of policy and non-policy reforms intended to boost the image of the insurance industry and increase public confidence, according to a report by The Citizen.  

Across East Africa, Tanzania has been cited to record a promising mark over the past eight years on life insurance category, according to a report by Deloitte East Africa Insurance Outlook 2019/2020…

Nature hurts economies, and if such economies are not well equipped to handle the aftermath of flooding, famine, water scarcity, or food insecurity—the more shocking realities are bound to come.

Climate change is real and it hurts African economies, and the region is being slapped with a heavy price to pay, amid its struggle to mark sustainable development.

According to a 2018 report by The Conversation, in the same year—almost 10,000 homes were wiped off the ground by floods, displacing nearly 2 million people in Africa up to September 2018.

In East Africa, Tanzania losses nearly $2 billion in damage from floods according to a report published by Nature Climate Change in 2017.

As the least emitter of greenhouse gases, Africa stands to lose a lot in this battle, with climate action funding coming in short and countries such as the United States of America and China tiptoe on taking …

The disproportionate and negative impact of the pandemic on women and girls, especially in the economic sphere, creates a need to place women at the centre of all response initiatives.…