Headlines
- Japan and Tanzania teams up to boost Kilimanjaro Coffee consumption in Tokyo
- Guinness World Records Unaware of Tanzania’s Landrover Parade Claims
- Tanzania prepares to break Germany’s Record for staging the longest parade of Land-Rover trucks in the world next October
- Bus Company hatches route between Dar-es-salaam and Nairobi via Tarakea and Oloitokitok
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Business
South Sudan’s Central Bank launches strategy to boost the value of the country’s Pound
During the meeting, Dr Ababa revealed that the South Sudanese pound (SSP) reforms will include strengthening of monetary policy to curb inflation and liquidity crisis.
Nigeria’s Green Energy International Starts Operations at Onshore Terminal
Situated near Port Harcourt in Nigeria, the terminal is expected to play an instrumental part in processing crude from marginal fields
African leaders want urgent review of U.S tariff on exports from the continent
President Lourenço urged U.S. companies to diversify beyond traditional oil and mineral extraction and invest in sectors such as automotive manufacturing, shipbuilding, tourism, cement production, and steel production.
East African Community tables regional budget amounting to USD 110 Million
While delivering the Budget Speech, the Chairperson of the Ministerial Council implored upon the House to debate and approve the proposed regional Budget.
Coca-Cola’s economic value in Africa hits USD 10.4 Billion
The Coca-Cola system supported more than 1 million jobs across its value chain on the continent in sectors like retail, agriculture, manufacturing, transport and services.
Valor Hospitality Partners to establish three Hotels in Namibia
Valor will oversee the successful opening and management of each of the Namibian properties, drawing on their deep global experience to bring a best-in-class offering to the agreement.
Africa Finance Corporation secures Euro 250 million in Loan from Italia’s Cassa Depositi e Prestiti
Lobito is a commercial railway line that will run through Angola and extend to the borders of Zambia and the Democratic Republic of Congo, with plans for extension into Tanzania.
New Novotel Victoria Falls Hotel opens doors in Zimbabwe before 2028
Accor Signs Novotel Victoria Falls, Marking Strategic Market Entry into Zimbabwe
New-build property to open in 2028 at UNESCO World Heritage Site.
Longest bridge in East Africa sails on Lake Victoria
Forming a special crossing section over part of Lake Victoria, the largest water body in Africa, the bridge was built at the cost of USD 2.5 million.
African Development Bank Funds Railway Project to link Tanzania with Burundi and DR Congo
The African Development Bank Group has so far invested over USD 9 billion in Tanzania since it started its operations in the country in 1971.