Browsing: Africa Dubai Trade

To promote its blue economy, Zanzibar recently started leasing out small islets surrounding the main archipelago and has already pocketed US$15 million in advance leasing fees for some ten islets. Photo/andBeyond

Zanzibar economy: What diplomats can do to attract investment

Countries

While ties with Zanzibar and mainland Tanzania are growing with the recent signing of agreements to end double taxation, among other deals, authorities in the United Arab Emirates (UAE) recently announced a Dubai visa ban on 20 African countries.

They include Uganda, Rwanda, Ghana, Sierra Leone, Sudan, Cameroon, Nigeria, Liberia, Burundi, Republic of Guinea, Gambia, Togo, Democratic Republic of Congo, Senegal, Benin, Ivory Coast, Congo, Burkina Faso, Guinea Bissau, Comoros and the Dominican Republic.

“Any applications from the above-mentioned countries will be sent back or cancelled,” the UAE authorities warned trade partner authorities along with travel agents, urging them to reject all related applications.

The reason given for the ban is increased visa term violations by persons from the said countries. The UAE authorities explained that persons from these countries are using 30-day visas to Dubai to stay and work in the country illegally.…

Tanzania President Samia Suluhu Hassan with Vice President and Prime Minister of the United Arab Emirates (UAE) and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum. www.theexchange.africa

Tanzania-UAE Relations: President Samia Suluhu’s milestones

Industry and Trade

Tanzania’s President Samia spearheaded the signing of some 36 MoUs. Of these, 12 were signed by government public institutions, 23 by private sector parties and one by the Revolutionary government of Zanzibar.

The President reassured investors of Tanzania’s favourable business environment. She placed emphasis on the country’s peace and political stability which she said makes Tanzania a unique investment destination where investors will enjoy open doors to invest across all sectors.

She placed a special note on the country’s potential in tourism and hospitality as well as agriculture and energy.

“Tanzania is strategically located and the port of Dar es Salaam is the gate to Africa’s interior,” she added.…

Dubai Expo 2020 and Africa (theexchange.africa)

Expo 2020 Dubai: Africa Space Technology Pioneers Take Center Stage

Industry and Trade
  • African Union hosting eight events at the Expo 2020 Dubai
  • The world sees Africa as the new frontier for business, trade and investment
  • How the UAE is setting itself up as the launchpad for doing business in Africa

The African Union (AU) is hosting eight events at Expo 2020 Dubai. With one event each week, the AU hopes to highlight the continent’s investment opportunities and reshape the general world view of Africa, the least not being, science and technology development on the continent.

“From the onset, we set our sights on showcasing the incredible and continued opportunities that lie across the African continent,” remarked Dr. Levi Uche Madueke, the AU Expo Commissioner General.

“We are hitting the ground running.  Our Expo 2020 Dubai activities further advance the cause of fulfilling the aspirations of Agenda 2063,” he said reassuring all visitors of ‘a great show of marvel and awe.’

As part …