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Necessity has called for innovations and radical changes across the globe. Amid concerns over greenhouse gas emissions, policy frameworks have been formulated to pave the way for a greener approach to doing business. Traditional business models are fast being replaced by new technologies and environmentally friendly models.  

The manufacture of internal combustion engines is facing great pressure to being phased out, which in many European countries have already been implemented. Regardless of the transition chaos, Africa is far from embracing the new wave of electric vehicles. Despite the challenges the continent faces towards a carbon-neutral automobile industry, electric cars have the potential to make it on the continent. 

Has Africa stumbled upon an environmental apocalypse? The numerous natural disasters that have descended upon the continent hitherto—from the plague of desert locusts that have ambushed the Horn of Africa, tropical storms, floods across Eastern and Central Africa, severe droughts and heat waves to massive cyclones whose devastating effects are still felt across Southern Africa. The aftermath is a trail of death and destruction, threatening to erode hard-won development that most African countries have struggled to achieve, inflicting cascading economic consequences. Loss of lives, displacement of people, sources of income compromised, destruction of infrastructure and numerous development projects have been the ill-fated victims across the continent and have succumbed, in the wake of these natural disasters, to such events that have all stemmed from climate change.  

An educational approach especially one that combines study in key areas like Science, Technology, Engineering and Mathematics (STEM) is critical to achieving lasting change in the continent. 

An educational-based development model is a revolutionary tool in the economic sector as it fosters innovation, problem solving and creativity in real-life situations.  

 The approach has been adopted in most countries globally, as well as in the African continent. It has a significant impact on society, the economy and the way people relate to the natural environment.

The African continent has been endowed with about 30 per cent of the world’s total mineral reserves with over 60 different types of minerals. If more geological surveys are conducted systematically there is potential to discover even more extensive tracts of mineral deposits.  

Minerals are vital inputs in the production of a broad range of consumer goods, infrastructure and agricultural materials and they are also used in making transport, communication and energy applications. Minerals are a necessity in the industrialisation of many nations across the globe.

While the world is building off the hype that going green or carbon offsets are the new future, we here in Africa are building a pipeline aimed to continue to destroy the earth. Is it fair then that Africa doesn’t really matter in the grand “reset” of the global order, where western countries and companies are coming to dictate what needs to be done in Africa, as a means to drive profit? Much needs to be considered as we Africans are moving toward building energy economies.

It is the 21st Century, twenty plus years into the new millennium; we are a civilized learned people. We have digitized, gone paperless, our phones are smarter than us and we drive, or rather are driven by electric cars. 

Nature is in crisis, warns the Natural Resources Defense Council (NRDC) and as such, it calls on world leaders meeting for the Convention on Biological Diversity (CBD) virtual summit (May-June), to pass the 30×30 plan, i.e. to turn 30% of the Earth into protected areas.

 

Led by Tanzania’s Elizabeth Maruma Mrema, who serves as the Executive Secretary for the UN Biodiversity Convention, the CBD is of the view that the more land is set aside, the more the planet can revive itself. 

Ongoing degradation of oceans, lands, and freshwater systems is destroying the planet’s ability to support life. It is so far reported that already up to a million species worldwide face extinction. 

Consider this, the first US 100 dollar bill note was issued in 1862 and the version that you know now, the Federal Reserve note featuring the US founding Father Benjamin Franklin on the foreside,  was actually launched in 1914. This means that if your great, great, great grandfather happened to bury a chest full of US100 dollar bills since then, you could still today unearth it and the bill would be accepted as legal tender i.e. the same bill note is still in circulation today. 

 Well not quite but you get the idea.  Actually, the US100 dollar bill that is used today came into circulation on July 13, 1969 and as of December 2018, the average life of a $100 bill in circulation is approximately 30 years before it is replaced due to wear. 

The Household Budget Survey (HBS) report for 2019/2020 was released by the office of the chief government statistician (OCGS) in May painting the poverty reduction agenda on different levels, as the tool collected information pertaining to private households’ economic activities, household income and expenditure, housing characteristics and expenditure. 

The HBS report argued that the 2019/20 HBS helped in evaluating Zanzibar’s performance concerning the United Nations Sustainable Development Goals (SDGs), as well as regional development strategies.  

Zanzibar is the semi-autonomous region of the United Republic of Tanzania, made up of two isles, Pemba

Zanzibar International Tourism Show- The Exchange

and Unguja, inhabited by more than 1.7 million people. The archipelago is dominated by two main economic operations, agriculture and services, particularly the tourism service industry.  

I love football. And I love clever, secure, creative, impactful investment. The fact that most of what we find, and I personally invest in, has a meaningful and measurable impact on those who need a hand-up, and not a hand-out, is a constant source of joy to me.  

Having followed football and my English team for more than 45 years I have been saddened to see the adverse effect that money has had on football – and the detrimental effect that money has had on the beautiful game at the lower levels and in leagues outside of Europe. But it is the huge amount of money that now washes through football that is offering me the chance to help to create soccer academies in East Africa – allowing young and talented African footballers to transform their lives and the lives of their families and communities; and investors to make very good returns from an investment that will directly improve the chances of major success for gifted African youth footballers. 

Tanzania is advancing towards the top and it seems nothing can stop it. The nation’s central bank (BoT) report, Economic Bulletin for the Quarter ending March 2021, showcased how the country is navigating through different sections of the economy, including its stringent monetary policies, public finance, financial market developments and external sector (imports and exports). 

The bank highlighted that the economy is projected to grow by 5.7 per cent this year, propelled by public investment and normalization of global trade and investment. 

At the moment Tanzania is proving to be courting investment, by adjusting its investment climate, setting the right tone to attract investors and forging strong partnerships—Kenya and Tanzania’s recent business agreement and the profitable East African Crude Oil Pipeline (EACOP) between Tanzania and Uganda evidence how serious is Tanzania about business.