Browsing: Tanzania

For the third year in a row, Tanzania’s Serengeti National Park has been crowned the ‘Best National Park in Africa.’…

After major reforms that rocked its mineral and energy sectors less than a decade ago, mineral and energy-rich Tanzania is…

Deposits formed the bedrock of the source of funding for assets, notwithstanding impacts associated with the pandemic, DT-Saccos were still able to mobilize deposits at a near similar rate as the growth in their assets’ portfolios.
Gross loans increased by 13.16 per cent in 2020 to Kshs 474.77 B compared to Kshs 419.55 B of 2019.
Net loans and advances increased markedly by 12.60 per cent to reach Kshs 450.58 B in 2020, compared to Kshs 400.16 B in the previous year.

Energy, fuel, and utility inflation increased to 5.1 per cent in August 2021 from 3.6 per cent in July 2021…

This amount of vaccines may sound considerably large but in reality its not, its actually  only enough to vaccinate a mere 17 per cent of the population and that is way below the intended global year-end target of vaccinating 40 per cent of Africa’s population.

As such, this shortfall in vaccine doses is worsened by the misconceptions that are keeping the public from usurping even the few doses that have made it into the continent. Falling short of explaining why, the World Health Organization (WHO) warns that the COVAX facility has been forced to reduce the amount of planned vaccine deliveries to Africa.

According to the WHO, some 150 million vaccines that were intended for delivery to Africa this year will not make it. As a result, the continent is facing a shortage of more than 500 million doses.

Kenya has strategically managed to tap into the lucrative United Arab Emirates (UAE) tourism market. With less than five hours’ flight…

As a low-middle-income country, Tanzania is fairly doing its best in financing its development efforts by utilising its internal funding…

Long gone are the days you hear of Africa and envision mud huts and malnourished babies.  Well, maybe long-gone is…

Tanzania has always run on a wider and richer path of reliable business partners, and the United Arab Emirates (UAE)…

Commenting on Africa’s participation at the conference and the continent’s development in general Egypt’s representative at Expo 2020, Ahmed Maghawry Diab, who is also an official from the country’s Ministry of Trade and Industry said, “…the world has started to look at Africa and rediscover it…the continent has a lot of difficulties, but it has also started to develop.”

Another optimist for the continent’s development and what it has to offer is Dr. Levi Uche Madueke, Head of the African Union (AU) Strategic Partnerships Office and AU Commissioner General for Expo 2020 said, “…Africa is undergoing a dynamic socio-economic and political transformation. There is a lot happening on the continent but the world is yet to hear all about it. It is time to take charge of Africa’s narrative and reclaim its rightful place in the global arena.”