• New wells to be drilled at Mnazi Bay starting November 2025.
• The last time the country drilled gas well was about 10 years ago.
• Investment comes even as Europe looks set to reduce gas dependency in the backdrop of energy crisis.

Natural gas continue to be a priority area of investment for the Tanzanian government as the country looks to diversify its energy sources and go green. The affirmation was made by the Petroleum Upstream Regulatory Authority (PURA) which is currently undertaking various measures to increase output and distribution of natural gas.

Speaking at the ongoing Public Service Week exhibitions taking place in the capital Dodoma, the Head of the Local Content and Stakeholders Engagement Unit at the authority, Mr. Charles Nyangi said; “The Petroleum Act of 2015 mandates PURA to advise the Minister responsible for petroleum affairs on various matters, including promoting oil and natural gas exploration blocks.

“PURA …

• Rwanda is rolling out Kigali Urban Cable Car Project, a 5.5 km mobility initiative valued at $100 million.
• Venture is poised to ease the city’s traffic congestion, cut greenhouse gas emissions, and connect underserved communities to jobs and essential services.
• Construction is expected to begin in late 2026, with commissioning scheduled for 2028.

The African Development Bank has approved a grant of $500,000 to undertake a feasibility study into the first phase of a cable car transport network in Kigali, that will be sub-Saharan Africa’s first aerial urban transit system.

The funds, to be sourced from the Bank Group’s Urban and Municipal Development Fund, are expected to help pave the way for the Kigali Urban Cable Car Project, a 5.5 km mobility initiative valued at $100 million and promising to ease the city’s traffic congestion, reduce greenhouse gas emissions, and connect underserved communities to jobs and essential services.

The …

• Tanzania disburses $16.8 million to locals in carbon credits earnings.
• Country now boasts of 73 registered projects currently at various stages of implementation.
• The projects cover several sectors: forestry (51%), energy (33%), agriculture (8%), livestock (5%) and waste management (3%).

Tanzania distributed $16.8 million to citizens across 10 local government authorities as revenue from the sale of carbon credits. The announcement was made by Deputy Minister of State in the Vice-President’s Office (Union and Environment), Mr Khamis Hamza Khamis in the National Assembly while responding to a primary question from Special Seats MP Bernadetha Mushashu, who inquired about the benefits Tanzania has gained from carbon trading.

According to the deputy minister, the government continues to coordinate and strengthen the management of carbon trading, with 73 registered projects currently at various stages of implementation.

The projects cover several sectors: forestry (51 per cent), energy (33 per cent), agriculture (8 per cent), …

• “It is time to replace the logic of aid with the logic of investment and trade,” says Angolan President João Lourenço.
• “We should review the high tariffs on African countries. What is needed is more trade between Africa and the U.S., not less,” said AfDB President Akinwumi Adesina.
• Bank President adds: “As we build transport corridors, let us also build strategic partnership corridors.”

African leaders have called for an urgent review of U.S. tariffs on African exports, urging a shift towards transformative partnerships and investment in Africa’s economic potential.

Addressing more than 2,000 government and business leaders, and other delegates at the U.S.-Africa business summit in the capital Luanda, Angolan President João Lourenço said: “It is time to replace the logic of aid with the logic of investment and trade.”

He urged U.S. companies to diversify beyond traditional oil and mineral extraction and invest in sectors such as automotive manufacturing, …

• Across 54 African markets, Coca-Cola contributed $10.4 billion in economic activity across its value chain in 2024.
• The beverage giant’s value chain supported over 1 million jobs in retail, agriculture, manufacturing, transport and services in Africa.
• Soft drinks maker purchased $4.3 billion from suppliers in Africa in 2024, representing 83% of the system’s total procurement on the continent.

A new market report shows that beverage multinational Coca-Cola contributed $10.4 billion in its economic value chain across Africa in 2024. The report, which was unveiled at the 2025 U.S.-Africa Business Summit in Luanda, Angola, shows taht Coca-Cola is also increasingly positioning itself as a catalyst for inclusive growth.

Behind every bottle of Coke sipped on a warm afternoon in Lagos or a Fanta shared in Nairobi’s bustling markets lies a vast economic engine — one that stretches from local sugarcane fields to high-tech distribution hubs.

The study, conducted by the global …

• As the world intensifies its search for sustainable solutions to global hunger and ecological fragility, Tanzania’s blue economy vision could offer a model for how ocean resources can be leveraged for both prosperity and resilience.
• The focus on aquatic foods at the UN Ocean Conference not only repositions Tanzania on the global sustainability map but also signals a shift in how developing nations can harness marine ecosystems for inclusive economic recovery. 

The push to boost blue economy has seen Tanzania prioritize aquatic foods as a key solution to ending hunger at the 2025 United Nations Ocean Conference in Nice, France. In its presentation during a panel discusssion titled “Promoting the Role of Sustainable Food from the Ocean for Poverty Eradication and Food Security,” Tanzania, represented by the Minister for Blue Economy and Fisheries of Zanzibar, Shaaban Ali Othman, made a case for positioning aquatic foods as the engine for economic …