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Browsing: East Africa
Tanzania: The government, through the Central Bank of Tanzania has successfully kept the economy not only afloat but reasonably expanding…
Detailing on the source of the funding and its uses, the president said the US$100 million (over TShs230 billion) is from the International Monetary Fund (IMF) as a loan to Tanzania, and another US$100 million is for the Isles.
“The IMF fund will be directed to health, education, water and power sectors, as well as economically empowering wananchi (citizens/the public),” local media quoted President Mwinyi.
The president went ahead and gave a very detailed explanation of the planned use of the funding detailing each sector and the allocated amount and then he got to the part about funding to support businesses.
To discourage the use of firewood and charcoal, the European Union (EU) has committed to fund renewable energy solutions specifically designed to set up and support a sustainable cooking solution program.
EU Head of Delegation to Tanzania, Ambassador Manfredo Fanti announced the EU led program late last year in the capital, Dodoma. At the launch, the diplomat said the initiative is part of the EU’s efforts to mitigate climate change through the use of renewable energy solutions for cooking.
However, what is interesting here is that increase in the use of firewood and charcoal is not in rural Tanzania but in the urban centres.
When the Head of the African Continental Free Trade Area Secretariat told an executive panel in Washington, DC the fact…
Tanzania Telecom charges: Tanzanians are forced to reach deeper into their pockets as the government has increased the cost of…
The number of tourists arriving in Tanzania has increased an impressive 52% between January and November 2021 and with it,…
Pay-as-you-go (PAYGo) financing has in the past been used to help more low-income consumers in emerging markets access essential services…
Save the Children has found that about 262,500 acutely malnourished children may have died between January and November 2021 The…
The government of Tanzania has received 1.3tri/- as Covid-19 relief package from the International Monetary Fund (IMF). Now the government…
The Sustainable Energy Fund for Africa (SEFA) (https://bit.ly/39fnc7x) has announced a $1 million grant to support the government of Kenya…