Browsing: President Samia and Vice President Kamala Harris

Digital development on Vice President Kamala Harris’ agendas as US data giant Starlink looks to set up shop in Tanzania. AGOA remains a touchy agenda as China and Russia increase trade investment across Africa. Photo/WTSP
  • US President Biden supports an African permanent seat on the UN Security Council.
  • Vice President Harris’ visit to pave way for Biden Africa tour later this year
  • US increased investment in Africa,still lags behind China

The United States Vice President Kamala Harris is expected to land in Africa this week where she will tour at least three countries. Her itinerary includes Ghana on March 26, then Tanzania on March 29, and finally Zambia on March 31.

This trip paves the way for the even more anticipated visit by President Joe Biden, as promised at the US-Africa Summit held in Washington in December 2022.

A little over a decade ago, former US president Barack Obama showed America’s commitment to Africa’s growth through wide-ranging programmes and initiatives that aimed at cementing the US-Africa relations. But Donald Trump’s lukewarm relationship with Africa and the continuous rise of China’s influence has made the US …

Tanzania's President Samia Suluhu Hassan with United States Vice President Kamala Harris. Americans investing in Tanzania stand to gain from a US$1 billion investment opportunity in Tanzania. www.theexchange.africa

President Suluhu Hassan has welcomed American investors in her bid to “set the tone for creating the safe lending for investors”.

By 2021, Tanzania led in East Africa in the number of FDI attracted from the US to Tanzania, followed by Kenya and Uganda.

Over the past years, there was deterioration in Tanzania’s business and investment sector that marred the nation’s attractiveness.

The latter brought Tanzania to rank 141 out of 190 countries on the 2020 World Bank Ease of Doing Business Report, which the International Trade Administration argued to be the lowest among the nation’s peers.

Hence, President Suluhu Hassan’s administration is addressing the latter. Her government has now substantially improved cross border trading with its neighbouring nations, dealing with unrealistic taxes, unnecessary bureaucracy, delayed refunds and unfriendly administration of taxes.…