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UAE has cemented its spot as the main refining, and export terminal for DRC gold.…
Tanzania has just passed mining tax exemption law binding the country to reinvest 10% of…
UAE has cemented its spot as the main refining, and export terminal for DRC gold.…
UAE has cemented its spot as the main refining, and export terminal for DRC gold. Statistics show that while Rwanda gold exports skyrocket, DRC South Kivu, a mineral rich zone is fast going dark. To counter illicit mineral export flows, DRC has launched domestic refining.…
UAE has cemented its spot as the main refining, and export terminal…
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Kenya-DRC and Tanzania-DRC Corridors have been identified as the key links that…
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EBC Financial Group says shortfalls in home grown food, high fuel costs…
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UAE has cemented its spot as the main refining, and export terminal for DRC gold. Statistics show that while Rwanda gold exports skyrocket, DRC…
Tanzania has just passed mining tax exemption law binding the country to…
Kenya has awarded $1.2bn JKIA modernization contract to China’s CRBC, with the…
In a wide ranging interview, Ambassador Fred Ngoga Gateretse, who is the…
Regional Markets
Family Bank marks largest private-sector listing on the Nairobi Securities Exchange (NSE) in more than 17 years. On Tuesday, the…
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In what could easily be mistaken as a scene from the TV series Knight Rider, an autonomous bot delivery vehicle took to the streets of London.…
Editor's Picks
Lake Victoria’s fisheries support more than 3 million livelihoods and bring in US$500 million in revenues annually.
Nile Perch is the main fish caught in Lake Victoria. Fish maw – the air sack that aids the Nile Perch in floating and a Chinese delicacy – has been a major export source. Statistics from the Uganda Ministry of Agriculture indicate an increase in fish maw exports earning from US$27m in 2015, to US$31m in 2016, US$48m in 2017 and US$52m in 2018. These earnings exclude the earnings from Nile Perch and its eggs.
However, the lake has been invaded by water hyacinth – the floating, green mats of waxy leaves with purple blossoms – depriving the waters below of oxygen which makes it hard for aquatic life to survive.
That, plus overfishing which occurs when fishermen use undersized nets that catch fish before they reach maturity, rapid population growth, and pollution by wastewater, agro-pesticides and fertilisers threaten the future of fishing in Lake Victoria.
Industry & trade
Vivo Energy expands beyond Africa, entering the Middle East region with TotalEnergies…
Money Deals
Paris-based Kulipa’s seed round co-led by Flourish Ventures and 1kx will expand…
Investing
As the 11th Our Ocean Conference convenes in Mombasa, the first time…