Sunday, August 30

Industry and Trade

DP World Port of Dar es Salaam

As the sun set over the Indian Ocean, casting a golden hue over the bustling Dar es Salaam port, a new chapter awaits in Tanzania’s maritime history. In a strategic move, the Tanzanian government inked a 30-year concession agreement with Dubai’s state-owned ports operator, DP World.

More than a business transaction, this partnership will see DP World operate and modernize parts of the Dar es Salaam port. The partnership speaks to Tanzania’s vision of dominating East Africa’s maritime space. It also shows Tanzania’s commitment to infrastructure development and international collaboration.

Base Titanium Kenya's mining sector

The Kenyan government has revoked 1,546 licenses in the mining sector as it gradually resumes licensing, marking the end of nearly four years of a standing moratorium. Principal Secretary Elijah Mwangi, from the State Department for Mining, confirmed that the ministry has undertaken a thorough audit of all mineral rights holders to identify non-compliant rights.

African oil and gas industry | global energy transition

Africa’s oil and gas industry is entering a new era. The world is looking to fast-track its transition from fossil fuels. Consequently, this puts pressure on the continent’s oil and gas-producing nations. Most producing countries remain highly exposed to the global energy transition since their economies depend on oil and gas revenues. Similarly, their oil and gas reserves cost more to produce and, on average, remain more carbon-intensive than those from other regions.

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