Zanzibar issues soft loans to small businesses as stimulus packages
Detailing on the source of the funding and its uses, the president said the US$100 million (over TShs230 billion) is ...
Tag: AfDB
Deforestation in Tanzania and unmet Paris pledges
To discourage the use of firewood and charcoal, the European Union (EU) has committed to fund renewable energy solutions specifically ...
Will the billions pledged increase food security in Africa?
African food imports have risen in the last few decades, reaching nearly US$35 billion a year, according to the World ...
Will the African Union and AfDB re-brand the image of Africa?
There is need to rebrand Africa, to give it a better, truer image or in the words of the President ...
Tanzania: IMF Covid relief fund to boost private sector
The government of Tanzania has received 1.3tri/- as Covid-19 relief package from the International Monetary Fund (IMF). Now the government ...
African fintech giants attracting lions share investments
According to the World Bank, the annual SME credit gap in Sub Saharan Africa is about US$330 million. MSMEs are often neglected by ...
AfDB invests US$10 million to boost cold storage in East Africa
African Development Banks (AfDB) one of Africa’s vibrant development funders have levitated the cold storage chain industry in East Africa, ...
South Africa, Lesotho to benefit from AfDB’s new US$86.72mn funding
The multi-phase project will provide water to the Gauteng region of South Africa and generate hydroelectricity for Lesotho. The Lesotho ...
Egypt targets AfCFTA to boost economic transformation
On the brighter side, this trade potential could double if African countries address challenges in infrastructure and corruption which have ...
With AfCFTA, what’s in Africa for India?
AfCFTA will diversify exports, accelerate growth and it will competitively integrate into the global economy. This will increase foreign direct ...
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