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Tanzania Civil Aviation clarifies issue of foreign airlines flying local flights
The Civil Aviation Authority had granted temporary flight authorisations to locally registered air operators to partner with owners of foreign-registered aircraft by applying block flight permits or wet-leasing their aircraft
Africa launches single continent’s currency Marketplace saving USD 5 Billion in trade bottleneck
The Pan-African Payment and Settlement System’s African Currency Marketplace (PACM is a next-generation Financial Market Infrastructure (FMI) out to solve the continent’s longstanding challenge of currency inconvertibility.
M-Pesa gradually losing ground as Airtel Money gains track in East Africa’s digital money transactions
M-Pesa market share, according to the latest Tech Safari report, has been dropping from 97 percent in the fourth quarter of the year 2023 down to 90.8 percent recorded within the first quarter of 2025.
Kenya and Tanzania maintain Lower-Middle Income Status in the latest World Bank Group Ranking
A country’s income classification not only reflects its level of development, but it also has the potential to influence its development trajectory.
Angola pumps USD 60 billion into the country’s oil and gas industry
Major upcoming developments include the Agogo Integrated West Hub Development (2025) and Angola’s first non-associated gas project (2026).
Libya opens gates to international companies’ oil and gas exploration
So far top global gas companies such as ExxonMobil, Chevron, TotalEnergies, and Eni are taking part in the country’s first oil exploration bid round in nearly 20 years.
‘What we did this summer!’ Chem Chem Lodge reveals secret behind World Travel Awards 2025 win
Managing 20,000 hectares, that is 50,000 acres of unfenced natural wilderness, the Chem Chem Safari Lodge is perched within the vast virgin landscape linking Tarangire and Lake Manyara National Parks.
U.S.-Africa Business Summit Yields deals worth USD 2.5 Billion
The record turnout made clear that both the United States and African leaders share a strong commitment to significantly expanding trade and investment.
Arusha-Nairobi shuttle bus operators revive afternoon schedules
With few passengers buying tickets, the shuttle bus operators limited their regular services from two trips in a day, to just a single morning schedule, scraping off the afternoon buses.
ITA Airways extend flights suspension to Tripoli citing security concerns
Meanwhile the Western region government of Libya is enforcing Article 301 of the Penal Code, which imposes strict penalties for actions that endanger public transportation.