- Libya’s oil sector just signed its biggest foreign deals in a generation
- African trade is growing despite the obstacles
- Why global capital is betting big on Africa’s digital promise
- Kenya posts stronger-than-expected Q1 growth at 5.3% on manufacturing rebound, tourism boom
- China’s new investment rules are about guardrails, not closed doors
- Zanzibar optimistic economic growth will hit 7.5% on tourism boom
- Kenya defies economic shocks to post record $22 billion in tax collections
- Forget South Africa: East Africa now rules in banking industry returns
Countries
The contracts were a long time coming. In June 2026, Libya’s National Oil Corporation signed production-sharing agreements on three exploration blocks, the culmination of…
Zanzibar legislators project 7.5% economic growth. President Mwinyi advocates private…
KRA reports record KES2.84 trillion (up 10.6%) in tax collections,…
In 2020, the Center for Food Safety (CFS) in the US won a major legal battle against just such herbicides and pesticides right along with GMO crops.
The win did not come easy. It was the result of years of litigation against Monsanto’s toxic pesticide, in this case, called dicamba, before a federal court issued the ruling. The win was a double-edged sword in that it banned the pesticide and it also banned the use of GMO crops that were designed to withstand the effects of the said pesticide.
In the ruling, the US Ninth Circuit Court of Appeals ordered that EPA’s approval of the pesticide in question be revoked with immediate effect and application also stopped. The reason farmers took the GMOs and the related pesticides to court in the first place is the same reason the South African activists are decrying the sale of the weed killer there; it simply is not safe for humans, animals and crops as well.
Factors for the low adoption rate surround the lack of sector information. For example, the researchers point out that there is ‘uncertainty among potential adopters with respect to potential gains vis-à-vis the cost of adoption.’
Other factors include the cost of adoption and use of modern agriculture technology and lack of adequate knowledge on how to use modern agriculture technology when it is available.
Introduction of modern agriculture technologies in beekeeping is expected to enhance efficiency along with beekeepers’ earnings and welfare in Tanzania. This is because about 99%, beekeeping in Tanzania is done by small scale beekeepers who use traditional beehives made of logs, barks and guards.
Even the harvesting process is very rudiment using fire and smoke to keep bees away, a hazardous trade especially considering that most traditional beehives are kept high on trees.
Xi Jinping has elevated the China-Africa friendship to its most significant level since Mao Zedong’s reign. With Xi getting a third five-year term and perhaps staying in power even longer, those relations will strengthen further. Thus, Africa will remain pivotal in China’s plans for global economic control.
According to the 2022 National Tourism Survey, tourism earnings in Tanzania have shown positive comeback post Covid-19.
The figures indicate a good recovery trajectory with data showing that the sector is up 83% having earned an impressive 1.4 billion USD and tourist receipts of 922,692 which represents an increase of about 48.6% compared to the 2020 performance.
According to the Tanzania National Five Year Development Plan 2021/2022-2025/2026, the country targets to attract 5 million tourists and garner revenues of US$ 6 billion.
The tourism sector contributes to the country’s GDP by an impressive 17%, and its contribution to foreign exchange earnings is more than a quarter (25 percent) of the country’s total foreign exchange earnings.
Gold producers and investors are happy after the mighty dollar having taken a dip owing…
The Central Bank of Nigeria (CBN) has announced that it would redesign the country’s N200, N500 and N1, 000. The change would be done to reduce the amount of money in circulation and control inflation, according to the CBN Governor, Godwin Emefiele.
The CBN highlighted concerns of “illicit” funds in circulation, which it said bandits and kidnappers had been exploiting in perpetrating their crimes.
The regulator said as much as 85 per cent of currency in circulation were outside the vaults of the country’s banks, encouraging criminality, currency hoarding and reducing the efficacy of the central bank’s monetary policies.
Search post
Recent Posts
- Libya’s oil sector just signed its biggest foreign deals in a generation 16.07.2026
- African trade is growing despite the obstacles 15.07.2026
- Why global capital is betting big on Africa’s digital promise 15.07.2026
- Kenya posts stronger-than-expected Q1 growth at 5.3% on manufacturing rebound, tourism boom 14.07.2026
- China’s new investment rules are about guardrails, not closed doors 14.07.2026
- Zanzibar optimistic economic growth will hit 7.5% on tourism boom 13.07.2026
- Kenya defies economic shocks to post record $22 billion in tax collections 10.07.2026
- Forget South Africa: East Africa now rules in banking industry returns 09.07.2026
- Lamu over Tanga: The commercial calculus that cost Tanzania $20bn refinery 09.07.2026
- Kenya’s markets regulator opens the door, but can the investors walk through? 08.07.2026


























