Tanzanian businessman Mohammed “Mo” Dewji has been named East Africa’s wealthiest individual, with his net worth rising to $2.2 billion (£1.7 billion), according to Forbes’ 2025 list of Africa’s billionaires. The 49-year-old is the only person from the region to feature among the continent’s top 15 richest individuals and ranks 12th overall. Dewji also retains...
Category: World
Tanzania sees surge in investment as FDI soars 77% in Q3 of 2024/25
Tanzania witnessed a significant surge in investment during the third quarter of the 2024/25 fiscal year, with registered projects totaling $2.16 billion between January and March 2025. This marks a 46.72% increase compared to the $1.47 billion recorded during the same period the previous fiscal year. The sharp rise was largely fueled by a boost...
Chikungunya outbreak confirmed in Mombasa
Mombasa County has declared a Chikungunya outbreak after 25 of 45 samples tested positive for the mosquito-borne virus, with one case of Dengue Fever also confirmed. Chikungunya causes severe joint, muscle, and body pain, leaving patients debilitated. It’s spread by the female Aedes mosquito, which bites during the day and can pass the virus to...
Billion-Dollar Feud: Musk vs. Trump puts SpaceX contracts at risk
A fiery clash between Elon Musk and Donald Trump has put $22 billion in SpaceX government contracts—and key U.S. space missions—in jeopardy. The conflict erupted after Musk criticized Trump’s tax and spending policies. Trump hit back with threats to cancel federal contracts with Musk’s companies. Musk responded by saying he would decommission SpaceX’s Dragon spacecraft,...
PM Majaliwa: Tanzania now more investor-friendly after addressing key challenges
Prime Minister Kassim Majaliwa has assured both local and international investors that Tanzania is now a more attractive destination for investment, following government reforms aimed at resolving challenges that investors previously faced. Speaking in Parliament today, Majaliwa made the statement while responding to a question from Ushetu MP Emmanuel Cherehani, who asked about the government’s...
Tanzania eases entry for tourists from 71 countries with new visa agreements
The Tanzanian government has signed agreements with multiple countries to simplify visa procedures, allowing citizens from approximately 71 nations to enter the country without a visa. This announcement was made on Wednesday by Deputy Minister for Natural Resources and Tourism, Dustan Kitandula, during a Parliamentary session in Dodoma. He stated that, moving forward, most international...
Kenya accused of aiding gold smuggling in East Africa – SwissAid Report
Kenya is playing a central role in the smuggling and resale of gold originating from conflict-affected regions in East and Central Africa, a new report by SwissAid claims. The report, released in late May, alleges that gold from South Sudan, the Democratic Republic of Congo (DRC), and Sudan is routinely trafficked through Kenya, with much...
Indonesia quarry collapse kills at least 10, search for missing continues
At least 10 people have died after a stone quarry collapsed in Indonesia’s West Java province, according to the country’s disaster agency. Search and rescue teams are continuing efforts to locate others feared trapped beneath the rubble. The collapse occurred early on Friday at the Gunung Kuda mining site in Cirebon. Dramatic footage from the...
Mauritania’s Sidi Ould Tah Elected Ninth President of African Development Bank Group
Sidi Ould Tah of Mauritania has been elected the ninth President of the African Development Bank Group (AfDB) and will officially succeed Akinwumi Adesina in September. The election took place during the Bank’s Annual Meetings held today in Abidjan, Côte d’Ivoire. Tah was chosen by the Bank’s Board of Governors, which comprises Finance and...
President Ruto Apologizes to Tanzania
NAIROBI, Kenya — President William Ruto on Wednesday issued a public apology to Tanzania during Kenya’s Annual National Prayer Breakfast, aiming to ease diplomatic tensions following the detention of Kenyan activists in the neighboring country. Speaking at the event held at Safari Park Hotel in Nairobi, President Ruto extended a conciliatory message to Tanzanian leaders...