Russia’s invasion of Ukraine has forced Europe to seek other options for their energy supply and cut their dependence on Russia. Looking for substitutes for Russia’s gas, the EU has turned its eyes to Africa’s most untapped gas potential. There are multiple LNG gas producers in Africa that the EU has been importing gas from...
Oman and Tanzania take their historical relation further after establishing a joint investment fund
The United Republic of Tanzania and the Sultanate of Oman have joined and agreed to establish a joint investment fund to invest in projects of joint feasibility in several sectors, including agriculture, fisheries and mining. The agreement by the two countries was reached on the sidelines of the official visit of President Samia Suluhu Hassan...
Best African countries for entrepreneurs in 2022: Top 10 rankings
South Africa has been recognised as the most entrepreneurial country, followed by Rwanda and Morocco in second and third place, respectively. The 2021 rankings placed Kenya fourth ahead of Nigeria in fifth place. A new report compiled by the CEOWORLD magazine has found the best African countries to become an entrepreneur. The Entrepreneurship Index evaluates 100...
Top 10 fastest growing cities in Africa 2022
Urbanization, Industrialization, population, and job opportunities promote rapid growth in any place in the world. Similarly, as the population of Africa has increased over the years, cities with high levels of Industrialization, urbanization, and economic activities experience immigration and a fast-growing rate. According to Brahima Coulibaly, director of Brookings’ Africa Growth Initiative, “About half of...
President Samia to Oman: Why is Oman an important and strategic partner for Tanzania’s economic development?
Oman and Tanzania have enjoyed close relations developed over thousands of years of shared cultural history and trade exchanges. The visit of President Samia Suluhu Hassan of the United Republic of Tanzania to the sultanate, starting Sunday, is expected to play a crucial role in bolstering relations further. President Samia’s visit to Oman is essential...
Tanzania signs the LNG framework agreement: How is the investment vital to Tanzania’s economy?
Today June 11, the President of Tanzania witnessed the signing of the framework agreement with Norway’s Equinor and Britain’s Shell at Chamwino State House in Tanzania’s capital Dodoma. The Minister for Energy, Hon January Makamba, who signed the agreement for Tanzania, said that the signing would pave the way for a final investment decision in...
How will the Tsh. 100 billion monthly subsidy affect citizens and the economy in Tanzania?
The post-COVID-19 pandemic and Russia’s invasion of Ukraine led to disruption of the global oil market that has spread rampant hiking of food prices and other human’s basic needs across the world. Countries worldwide are now grappling to contain commodity rapid prices soaring by adopting measures to control fuel rises that spread havoc to every...
Legend music producer ‘Master J’ declares war on artists.
The Tanzanian legendary music producer Joachim Marunda Kimaryo, famously known as Master J, has declared war on artists who sell music that he produced on different platforms such as Spotify, Apple and Boomplay without any agreement with him. While speaking on one of the famous Youtube shows hosted by Salama Jabir, Master J revealed his...
This is Samia’s grand plan to curb Sugar & Edible Oil shortages in Tanzania
Sugar ranks amongst the most imported products in Tanzania. In 2020, raw sugar was the 14th most imported product in Tanzania, and the country became the 53th largest importer of raw sugar in the world. According to UN Food Prices Index, Food prices have been at their highest since records began 60 years ago, according to...
Samia set to decode the country’s oldest puzzle as she signs the biggest water project ever.
Tanzania is one of the countries positioned in Sub-Sahara Africa that encounters a severe shortage of clean & safe water. According to reports, over 23 million people do not have access to clean drinking water and almost twice as many do not use improved sanitation facilities. However, things have been swiftly changing over time as people...