On a broader scale, the United Nations argued that sub-Saharan Africa loses $95 billion yearly because of the gender gap in the labour market.

Multiple entities are recording the contribution of women to the Tanzania economy, including the National Bureau of Statistics (NBS).

The NBS argue that 65 per cent of farmers are women and women head 33 per cent of households; political processes that promote women are mounting up over the decades.

Around 36 per cent of the national parliamentarians are women—however, legislative and financial barriers, as well as gender norms, hinder advancement.

On the other side of the fence, World Bank argues that Tanzania has made vital strides in expanding women’s economic opportunities over the past two decades.

“The female labour-force participation rate rose from 67 per cent in 2000 to 80 per cent in 2019, well above the average of 63 per cent for sub-Saharan Africa and …

The index pointed to a solid improvement in the health of the private sector economy, helped by a recovery in business activity as Covid-19 cases continued to fall across the country.

New business levels at Kenyan companies rose sharply in February, as survey panellists commented on a rebound in customer demand and increased marketing efforts.

The rate of growth was the second-fastest since October 2020.

Export sales rose to a much greater extent than in January, but growth remained weaker than seen in the fourth quarter of last year.…

The Nigerian Minister also praised Equatorial Guinea, saying that the Western African country has a massive record of world-class gas processing and liquefaction infrastructure already in Punta Europa and allocating investment funds for development.

Minister Obiang Lima said that Equatorial Guinea was in line to be an essential player in the African energy market.

“New, fast, and competitive sources will be a major determinant of success,” he said. “This strategic collaboration breaks down geographical boundaries and allows gas delivery from Nigeria to Equatorial Guinea’s Punta Europa facilities, extending their life and providing access to the regional and global energy markets.”

Through the agreement, the Nigerian National Petroleum Corporation (NNPC) and its joint venture partners will put into monetary use gas that would have otherwise been stranded offshore due to the absence of infrastructure.…

• The DRC is facing one of the deadliest and longest-running civil war crises
• The precariousness of the 2023 elections heightens uncertainty in the Democratic Republic of Congo
• The DRC has over eighty million hectares of arable land and nearly four million hectares of irrigated land
• The country has less than 600 millionaires, most of which have made their wealth by mining natural resources and raw materials

The population in the Democratic Republic of Congo (DRC) will see another year of high expectations and broken promises.

The DRC is facing one of the deadliest and longest-running civil war crises. The wars have been mainly built on land, resources, and power, significantly affecting the country’s economic status. DRC is the country that has the most displaced people totalling more than 5.5 million people.

According to the World Bank, DRC ranks the 11th poorest nation with a GNI per capita of $550 in …

• The western countries have halted overseas fossil fuel financing, a decision that has raised the alarm among Africa’s largest exporters of hydrocarbons
• A BP Statistical Review of World Energy 2021 reveals that oil and gas produced about 48 per cent of Africa’s total electric power generation in 2020
• At the COP26 climate summit held in Glasgow, the United Kingdom, in November, several countries agreed to stop the direct public financing for overseas fossil fuel development and extraction by the end of this year

The western countries have halted overseas fossil fuel financing, a decision that has raised the alarm among Africa’s largest exporters of hydrocarbons, who sees the creation of an African Energy Bank as a way out to fund fossil fuels in Africa.

To prevent catastrophic climate change, environmental and financial organisations and governments across Europe and America have insisted that developing nations in Africa must immediately transition from …

A lot was indeed riding on his presentation today the 23rd of February 2022. The primary expectations of the speech from stakeholders are whether the treasury chief’s plan for 2022 will stimulate economic growth and foreign direct investment. Each South Africa needs urgently.

The finance minister began his address by affirming his commitment from his midterm budget speech to the reconstruction and recovery of the economy and by extension saving lives and livelihoods.

Very noble aspirations and themes. This message is needed by citizens who have grown …