- 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
- Lamu over Tanga: The commercial calculus that cost Tanzania $20bn refinery
Tanzania
In their letter dated June 26th, 2024, High Commissioners and Ambassadors from 10 countries expressed their dissatisfaction with how the Tanzania Revenue Authority (TRA)…
Climate change will push 132 million people into poverty by…
Imaginative agriculture concepts are essential to sustainable food production…
Traders have been calling for more staff to be posted at the Agriculture Food Authority (AFA) of Kenya to facilitate the approval of applications of maise import from Tanzania to Kenya. Additionally, the traders requested joint testing of aflatoxin to be undertaken in Arusha to reduce the number of rejections at the border.
Peter Musiba explained that the Tanzania Bureau of Standards (TBS) is tackling aflatoxin and has set outstations for testing in Dodoma, Singida and Shinyanga to facilitate the trade of cereals.
Paloma Fernanda, the Chief Executive of Cereals Millers Association, urged for a joint campaign on combating aflatoxin from as early as farm and post-harvest losses in the EAC region.
The programme aims at empowering extension officers who would, in turn, train farmers through expert guidance. Chemba district targets to produce 100,000 tonnes of sunflower in the 2022 season to increase the production of edible oil in the country.
President Samia’s administration has plans to improve cotton farming, among other crops. The government has taken measures to improve sunflower production through an increased budget allocation for the Agricultural Seed Authority, up from Tsh.5.42 billion (US$2.3 million) in 2020-2021 to Tsh.10.8 billion (US$4.7 million) in 2021-2022.
In 2021, the government boosted the capacity of the Tanzania Agricultural Development Bank (TADB) by providing Tsh.208billon (US$90 million) to the bank to reach more farmers and finance them. It also empowered the National Food Reserve Agency (NFRA) to purchase 95,000 tonnes of maize from farmers.
TotalEnergies CEO Patrick Pouyanne said that the memorandum of understanding will see the French firm produce Liquefied Petroleum Gas (LPG) and also deploy large-scale renewable energy technologies to identify areas of commercial investment.
Uganda’s Minister of Energy and Mineral Development, Ruth Nankabirwa said in a speech ahead of the signing that the agreement would put the country on the path to first oil in 2025. She added that EACOP would create approximately 160,000 jobs during the project’s development.
The agreement dictates TotalEnergies will develop solar, wind, geothermal, and other renewable technology power projects in Uganda to add a combined installed electricity output capacity of 1 Gigawatt by 2030 to the current 1.2-Gigawatt production.
In this context, it is only intelligent and strategic for any country, especially developing economies, to start laying down foundations on how they will work in the coming future. We take a look at Tanzania.
The WEF argues that new technologies, demographic shifts, and the impact of COVID-19 on the labour market have been radically transforming how organizations conduct business and the type of skills their human capital needs to support them thrive in this new era of work.
“Nearly 50 per cent of companies expected that by 2020, automation will lead to some reduction in their full-time workforce, while more than half of all employees will require significant re-skilling and upskilling,” notes WEF.
Kenya has started the documentation processes for the dualling of the 40 Kilometre Mtwapa-Kilifi Road…
The RoRo, along with the ramp and terminal were completed as of March 2021 after three years of dedicated construction works. With its completion, vehicles can now be driven, not carried, off the ship.
With this development, large vessels that took up to four days to offload and turn around now take only 17 hours to offload, that is say, an average of three vehicles per minute offloaded per minute.
The terminal is also a major game-changer because instead of driving two km in search of parking, vehicles can now be parked in the spacious berth with a handling capacity of 3,000 vehicles at a time.
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