By Fidel Amakye Owusu Most African nations inherited their juridical sovereignty from colonial administrations that dominated the continent from the mid-19th century. Their borders – drawn...
By Dishant Shah At first glance, the map appears to be nothing more than a transport plan: rail lines threading through the continent, ports dotting the...
By Gregory Simpkins Africa is home to 11 of the world’s 20 fastest-growing economies in 2024, with countries like Niger, Senegal and Libya leading the charge....
By Des H. Rikhotso From 2008 to 2022, Africa defied monolithic narratives. While the continent is often painted with a single brush – either as a...
By Danilo Desiderio A recent trade dispute between Tanzania, Malawi, and South Africa has thrust the African Continental Free Trade Area (AfCFTA) into the spotlight, underscoring...
By Fidel Amakye Owusu When the late leader of Iran decided to tour Africa in mid-2023, he chose to visit states in East and Southern Africa....
By Gregory Simpkins Making arrangements to travel often begins early in the year, especially if it involves international travel. The Business Insider Africa website has rated...
AFP | The incoming World Health Organization’s regional director for Africa, Faustine Ndugulile, died while receiving treatment, Tanzania’s parliament speaker said on Wednesday. The cause of...
Bloomberg | Ethiopia plans to export about 100 megawatts of electricity to Tanzania via Kenya once the nations finalize a deal that will enable cross-border trade...
Bloomberg | Foreign investment in Tanzania is expected to grow by a third next year as President Samia Suluhu Hassan’s pro-business stance helps reverse the impact...
Tanzania’s semi-autonomous Zanzibar, has launched a National Blockchain Sandbox to give startups a secure environment for exploring and developing innovative technologies before scaling up. This initiative,...
By Fidel Amakye Owusu The Rovuma River serves as a natural geographical boundary between Mozambique and Tanzania, defining part of the border along the Indian Ocean...
Tanzania’s mining authority has mandated that all mining companies and gold traders exporting the precious metal must set aside at least 20 percent of their gold...
Tanzania’s ascent to the top of Africa’s 2024 Global Cybersecurity Index (GCI) is the result of strategic advancements in both cybersecurity infrastructure and regulatory frameworks. The...
Reuters | China, Tanzania and Zambia signed an initial agreement to rehabilitate a decades-old railway aimed at improving the rail-sea transportation in resource-rich East Africa, Chinese...
AFP | Hollywood star Idris Elba has been allocated land in Zanzibar to set up a film studio in the Indian Ocean archipelago, a local minister...
AFP | A new electrified commuter railway in Tanzania meant to modernize travel in the traffic-plagued country made its inaugural journey between the commercial hub Dar...
By Fidel Amakye Owusu In 2022, the Democratic Republic of Congo (DR Congo), the second-largest and fourth-most populous country in Africa, joined the East African Community...
By NJ Ayuk When the US$3.5 billion East African Crude Oil Pipeline (EACOP) is completed, it will mark a significant milestone. The 24-inch, 1,443-kilometer (896-mile) pipeline...
Tanzania’s President Samia Suluhu Hassan recently marked a significant milestone by inaugurating a truck and tipper assembly plant in Dar es Salaam. This development is poised...
Reuters | Former Tanzanian President Ali Hassan Mwinyi, credited with ushering the East African nation into free market economics, has died at age 98, current President...
Bloomberg | Zambia plans to build a new rail connection to link a Lake Tanganyika harbor to an existing line that runs to neighboring Tanzania, boosting...
Reuters | Tanzania said on Tuesday it had reinstated approval for Kenyan national carrier Kenya Airways to operate flights between the Kenyan capital Nairobi and Tanzania’s...
Reuters | Tanzania has withdrawn approval for Kenyan national carrier Kenya Airways to operate flights between the Kenyan capital Nairobi and Dar es Salaam, Tanzania’s commercial...
Reuters | Tanzania’s economy is expected to grow by about 5.5 percent in 2024, up from about 5 percent in 2023, but it faces risks from...
Reuters | The African Development Bank (AfDB) has approved over US$696 million in financing for a rail project to link Tanzania, Burundi and the Democratic Republic...
By Micah Lucy Abigaba Uganda entered into agreements in 2012 with two foreign oil entities to exploit its oil resources. Total Energies holds 56.67 percent of...
By Fidel Amakye Owusu The geographical feature that partly separates Mozambique from Tanzania is the Rovuma River. Much of the almost a thousand-kilometre water body creates...
Reuters | Tanzania is expecting to officially launch the country’s fifth oil and gas licensing round by June and award licences to the winners by December...
Bloomberg | Tanzania will target boosting investment from India, the East African nation’s biggest trading partner, by 10-fold in the next 2 years. The Tanzania Investment...
By Caroline Kimeu When Ugandans Maureen Agena and Edward Echwalu arrived at the Lesotho border during their five-month road trip across east and southern Africa, the...
By Morgan J. Robinson Kiswahili originated in east Africa, spreading around the continent and the globe. It’s been adopted as a working language at the African...
Bloomberg | Long-delayed negotiations between Tanzania and oil majors for a US$42 billion onshore liquefied natural gas plant were concluded in May, paving the way for...
Bloomberg | Of all the countries in sub-Saharan Africa to be optimistic about, the most promising is Kenya. Economic and political forces are converging to put...
Business Daily | Kenyan President William Ruto has announced plans to remove visa requirements for African nationals travelling to Kenya for business as a first major...
By Gregory Simpkins All too often, the international media and even those considered to be Africa experts focus on the crises that are evident in African...
Top representatives from Kenya Airways (KQ) and Air Tanzania Company Limited (ATCL) have met to discuss the prospect of a cargo transportation collaboration. This news comes...
Bird Story Agency | Tanzania and Burundi have floated a tender for designing and constructing an electrified railway that will initially connect the two countries and...
By Chinedu Okafor Tanzania garnered US$1.2 billion in investment through projects filed with the Tanzania Investment Centre (TIC) from January to March, compared to US$787.4 million...
By Chinedu Okafor Tanzania’s pro-business stance, perpetrated by the president of the country, Samia Suluhu Hassan, is sending a positive message to investors, who are increasingly...
Tanzania has floated East Africa’s largest-ever domestically manufactured freshwater passenger and cargo ship, the MV Mwanza Hapa Kazi Tu, on Lake Victoria. The ship, launched at...
A decision to set up the East African Monetary Institute (EAMI) – the Central Bank of East Africa – will be made this year, a key...
Bloomberg | Tanzania’s central bank said it’s working toward a “phased, cautious and risk-based” introduction of a digital currency for the East African nation. The Bank...
By Chinedu Okafor The current Tanzanian president, since assuming power has made it her mission to enrich and empower the people of Tanzania. This is evident...
AFP | Tanzania on Tuesday signed a US$2.2 billion contract with a Chinese company to build the final section of a railway line aimed at linking...
By Gregory Simpkins Being left out of industrialization for so long has been an obstacle for emerging markets in Africa and Latin America and the Caribbean...
AP | The fire burning on Mount Kilimanjaro for almost 2 weeks has been largely contained after hundreds of military personnel were deployed to help, Tanzania’s...
The presidents of Tanzania and Kenya have agreed to fast-track the construction of a natural gas pipeline designed to increase trade and lower energy costs for...
The East African | Kenya exported its first goods under the Africa Continental Free Trade Area (AfCFTA) agreement to Ghana late last month. Kenyan-made Exide batteries...
By Wanjohi Kabukuru | The Associated Press AP | From wind farms across the African coastline to geothermal projects in the east African rift valley, a...
Bloomberg | The Democratic Republic of Congo (DR Congo) joined the East African Community (EAC), bringing the regional trading bloc’s market size to a quarter of...
The East African | The Democratic Republic of Congo (DR Congo) will officially be admitted to the East Africa Community (EAC) next week, adding a 90...
By John M. Mugane Once just an obscure island dialect of an African Bantu tongue, Swahili has evolved into Africa’s most internationally recognized language. It is...
Bloomberg | African governments are playing catch-up in vaccinating their populations against the coronavirus, with just 12 percent of the continent’s 1.3 billion people fully inoculated...
The Bahamas government has reversed its policy of imposing travel restrictions on persons coming from certain African countries, indicating that the decision had been taken due...
By Simon Ngalomba Soon after independence from Britain in 1961, Tanzania declared war on 3 main obstacles to its development goals – ignorance, disease and poverty....
Central Bank planning to introduce CBDC - will cut transaction costs and boost participation in the formal financial system
Platform will further integrate informal traders into formal markets through better access to digital finance systems.
AP | In a major breakthrough for one of the world’s last countries to embrace COVID-19 vaccines, Tanzania’s president kicked off the nation’s vaccination campaign Wednesday...
Team is expected to advise government on policy, legislation and guidelines to enable the technology to be used effectively.
Hassan has been very clear on the need for good, friendly, conducive and supporting business environment and investment climate
Xinhua | Tanzanian President Samia Suluhu Hassan and her Ugandan counterpart Yoweri Museveni on Thursday declared the launch of a US$3.55 billion crude oil pipeline venture....
Reuters | Experts appointed by Tanzania’s new president have declared COVID-19 vaccines to be effective and recommended joining the COVAX facility that shares the inoculations, in...
Under the constitution Hassan, the country's 61-year-old vice president, will serve the remainder of Magufuli's second 5-year term, which does not expire until 2025.
John Pombe Magufuli was sworn in Thursday as the Tanzania’s fifth president. Chief Justice Mohammed Othman Chande also swore in Vice President Samia Suluhu Hassan, the...
National elections took place Sunday in a number of countries. Here are the highlights: Haiti: The successor to outgoing President Michel Martelly, is expected to be...
With three weeks left until elections in Tanzania, East Africa’s most populous nation, campaigns are intensifying ahead of what is expected to be tightest electoral race...
Dangote Cement is set to commission its new 3.0 million metric tonnes per annum cement plant located in Mtwara District of Tanzania on October 10, 2015....
John Magufuli has been nominated by Tanzania’s ruling party – Chama Cha Mapinduzi (CCM) to run for president on its ticket in the coming general and...
Dangote Cement said it will begin production in Tanzania in August, as sub-Saharan Africa’s leading cement producer eyes new markets on the continent. A US$500 million...
The slump in oil prices is expected to further buoy Tanzania’s economy in 2015 following a gross domestic product expansion of more than 7 percent in...
Liberata Mulamula says that for a market access program like African Growth and Opportunity Act (AGOA) to benefit a country like Tanzania, it must, first and...
Aliko Dangote Aliko Dangote, has announced new plans to invest an undisclosed sum in the development of a major coal mine in Tanzania, even as he...
OPEC member and gas exporter Algeria is in advanced talks for a first deal to start oil and gas exploration in Tanzania. The move sees a...
Investors can now capitalize in Swala Oil and Gas as the company has announced the launch of its Initial Public Offer (IPO). The Tanzanian Capital Markets...
The East African Community (EAC) comprising Tanzania, Burundi, Rwanda, Uganda and Kenya has increased import duty on rice in a move to discourage cheap imports of...
The African Trade Insurance Agency (ATI) in the year ended December 2013 helped Tanzania secure trade and investments worth $82 million (Tsh132 billion), Chairman ATI Board...
Several agriculture projects in Tanzania have been awarded grants worth almost 650,000 US dollars by the Agriculture Fast Track Fund (AFT). “The AFT has granted two...
Every year the Anzisha Prize rewards 12 of Africa’s youngest entrepreneurs age 15 to 22 with prize money and access to mentors, business contacts, investors and other young business owners. Domitila Silayo, 21,...
When it comes to acronyms of the global economy, South Africa, Egypt and Nigeria have repeatedly represented Africa. They show up in acronyms coined by economists and...
49 percent of all Tanzanian mobile money agents earn at least $100 per month in profits compared to just 40 percent in Uganda, according to a...
With a target fund of $300 million (about Sh480 billion), Mkoba Private Equity Fund—the first ever private equity fund in Tanzania—will be inaugurated tomorrow by President...
State-run iron ore miner NMDC has devised a short-term strategy, which includes a small-scale mining and setting up of a minor processing plant, for its gold project in Tanzania. “A...
African banks are set to maximize on trade finance space left by European lenders due to tough capital requirements. However, bureaucracy and inadequate research are two...
Analysts worry that Africa will become less attractive for exploration as states try to get more from the oil and gas sectors. Africa’s licensing regimes for...
Tanzania, Rwanda and Burundi are looking for an adviser to help them secure financing for a $4.13 billion railway project aimed at boosting cross-border trade in...
Tanzania will ease controls on foreign ownership of its stocks and bonds by next year as the country seeks to attract investment to finance infrastructure projects...
Upcoming entrepreneurs in East Africa have been given a gleam of hope after the announcement of a 20 million dollar fund. The fund, named the Novastar...
The Finance Ministry here and the Japan International Cooperation Agency (JICA), last week signed a $3,696,858 grant equivalent to Tsh 6 billion for the agricultural sector...
Sub-Saharan Africa’s economic growth is set to hit 5.2 per cent, up from 4.7 per cent, the World Bank has said. “This performance is boosted by...
ARM Cement Limited, Kenya’s second-biggest cement producer, said on Tuesday it expects profits to grow again this year. This is after it posted a 12 per...
In the past two years, private equity deals solidified in Kenya have doubled, according to a Capital FM report. As outlined in the article, an East Africa...
Construction of the Grand Ethiopian Renaissance Dam. PHOTO/File Ethiopia is on track to generating electricity within 18 months from what will be Africa’s largest power plant....
Tanzania’s energy regulator raised the price of petrol in east Africa’s second-biggest economy on Wednesday but cut diesel and kerosene prices, citing a weaker local currency...
Kenyan book publisher Longhorn reported a 78 percent increase in its pretax profit for the six months ended in December. The growth was driven by the...
Precisely 3 weeks ago, we sat opposite a cabinet minister of an East African nation. When the subject of regional integration was broached, the Honorable scoffed at...
East African integration is moving closer to reality with the signing of the East African Monetary Union Protocol during the Heads of State Summit to be...
Aliko Dangote – Founder and Chairman of The Dangote Group Nigerian entrepreneur Aliko Dangote, plans to spend US$350 million to build a new cement plant in...
By Carlos Lopes Africa’s political economy is deeply ingrained with its history of the exploitation and (mis)-management of its mineral and natural resources. More than 500...
Oil rig in Uganda. PHOTO/Tullow Oil (Bloomberg) – Uganda is looking for a lead investor to develop a refinery estimated to cost US$2.5 billion, two weeks...
Ask anyone with insider knowledge of Africa’s regional economic communities – and they will tell you that most of the issues keeping Africa apart are not...
(Reuters) – Kenya wants to host a clearing house for China’s yuan currency – a bold African first that would deepen the continent’s ties with Beijing,...
(Reuters) – Investors from Europe, Asia and the United States are not the only ones chasing growth opportunities in Africa these days – Africans themselves are...
Oil rig in Uganda. PHOTO/Tullow Oil West Africa’s insurance companies and commercial banks are setting up subsidiaries in East Africa to take advantage of the oil...
Officials in Malawi and Tanzania have gone on the record and vowed to resolve their border dispute diplomatically. The dispute involves the owner ship of Lake...
(Reuters) – Uganda has agreed to a plan to build a pipeline from its oilfields to a new port being developed on Kenya’s northern coast, Uganda’s...
At least 30 people were injured, three seriously, in a suspected bomb attack Sunday at a packed new Catholic church in the northern Tanzanian city of...
While the U.S. Federal Reserve prints the greenback with what some may refer to as feverish abandon; and much as this may, in negative extremity, lead...
(Bloomberg Businessweek) – Tanzania sees natural gas reserves more than doubling by early 2015 from the 40 trillion cubic feet discovered, as the east African country...
Tanzania President Jakaya Kikwete (l) with Malawi President Joyce Banda (r) Malawi President Joyce Banda has said that her country was giving up on mediation efforts...
The east African country of Tanzania’s Gross Domestic Product (GDP) grew by US$4.5 billion last year compared to 2011, new economic data showed. The March 2013...
African middle class family in Lusaka, Zambia. PHOTO/Georgina Smith/The Guardian A raft of trickle-down economic policies adopted by East African governments to fight poverty seems to...
East African financial institution, the Kenya Commercial Bank has announced another round of layoffs. This comes 2 years after the bank started reducing on staffing costs...
(Reuters) – Zambia’s mines and energy said on Monday the government would revoke oil exploration licences of companies that had been awarded them but had not...
Kenya is among African markets considered a favored destination for private equity investments in 2013 while Tanzania and Rwanda will be favorites in East Africa, according...
Oil and gas explorers usually look outside East Africa’s relatively smaller financial markets to more developed markets like the United States, Canada and Europe, for funding...
Aliko Dangote Nigerian billionaire Aliko Dangote, continues to expand his business footprint in Africa. Dangote Cement’s new plant currently under construction in Tanzania is expected to...
Malawi President Joyce Banda will meet her Tanzania counterpart, Jakaya Kikwete, in the next two days to discuss a dispute over Lake Malawi, where oilexploration is...
Tanzania on Saturday halted rescue operations for a ferry accident that appears to have killed 146 people. Tanzania government official Ali Juma Shamhuna said 69 passengers...
Tanzania has nearly tripled its estimate of recoverable natural gas reserves to up to 28.74 trillion cubic feet from 10 trillion and plans to introduce new...
(Reuters) – Norwegian oil company Statoil and partner ExxonMobil have made a large gas discovery in the Statoil-operated Block 2 license in Tanzania, the company said...
Oil rig in Uganda. PHOTO/Tullow Oil (Reuters) – A worldwide rig shortage is delaying oil drilling in East Africa, which is slowing growth and pushing up...
The African Capacity Building Foundation (ACBF) as met with its African member states, as part of its continental fundraising efforts. The consultations on the fringes of...
(Reuters) – Tanzania’s central bank said on Wednesday that economic growth could beat its 6.0 percent forecast for fiscal year 2011/12, with inflation falling to single...
(Bloomberg) — Inflation in East Africa may slow this year as food prices ease, while rising oil costs will probably boost imports and widen trade deficits,...
(Reuters) – Nakumatt Holdings, Kenya’s leading supermarket chain, expects to grow sales 20 percent in its 2012/13 year, helped by expansion into east Africa’s fast-growing middle-class...
Economies of the East African Community (EAC) member states grew by more than five per cent last year, making the region one of the fastest growing...
Uganda has introduced an electronic tax collection system that is set to cut evasion and help boost domestic revenue collection. The country’s revenue collection equivalent to...
(Reuters) – Tanzania’s economy expanded 6.4 percent in the third quarter of 2011 compared with 6.7 percent a year earlier, with growth was driven by the...
Construction of the US$4.7 billion railway line linking Rwanda, Burundi and Tanzania will begin in 2014, after the three governments finalize fund raising activities. Tanzania and...
According to a new and innovative approach to estimating the future growth potential of countries, designed by professors at Harvard and Massachusetts Institute of Technology (MIT),...
Uganda, Tanzania raise the red flag against Khartoum’s practice of Sharia law, treatment of women. Khartoum’s application to join the East African Community (EAC) was on...
Tanzania is about to have its own first ever copper smelter following an agreement between Kigoma Regional administration and a Dubai-based firm, City Energy & Infrastructure...
Businesses in East Africa have continued to thrive and grow despite a global downward economic trend, a report by a UK based research organization indicates. The...
(Reuters) – Tanzania has secured a loan from China to build a US$684 million gas-fired power plant in the south of the country to plug energy...
Tanzania and China have signed a US$1 billion loan agreement to build a major natural gas pipeline in the east African country, a Tanzanian newspaper quoted...
Tanzania and China have signed a US$3 billion deal to develop coal and iron ore projects in the southern part of the country in what is...
Precision Air of Tanzania, hopes to raise US$17 million in an initial public offering next month after obtaining the go-ahead from the regulator for the share...
The death toll stands at 158 in Saturday's ferry accident off the Tanzanian island of Zanzibar, government officials said.
Tanzania‘s mobile phone subscribers rose 20 percent to 21 million last year, but low tariffs due to a vicious price war are expected to diminish the...
In global public health, disease-fighting tools that are cheap, available and sustainable are the Holy Grail. It might be hard to top the one being tested...
