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Tanzania welcomes investment from Saudi Arabia

(3 Minutes Read) Majaliwa, Prime Minister of Tanzania has encouraged Saudi Arabian investors to invest in Tanzania’s agriculture and fisheries sector. The Premier also assured...

Fuel Prices Drop in Kenya: Set to Tame Inflation

(3 Minutes Read) The retail price of a litre of super petrol will increase to Sh212.36 in Nairobi from Sh217.  The diesel price will increase...

Tanzania to Transform Transport Sector

(4 Minutes Read) The Premier said the government was determined to ensure that all regions’ headquarters are linked with tarmac roads to fast-track economic growth...

Tanzania Evolves Schemes to Empower Small Miners

(3 Minutes read) Tanzanian Minister for Minerals Anthony Mavunde, said at a recent meeting with mining stakeholders that the move was intended to improve the...

Economists Hail Selection of Tanzania as a MCC Compact Country

(4 minutes read) MCC Board recently selected the country to develop threshold programmes, which are smaller grant programs designed to support policy and institutional reforms...

Fitch Downgrades Ethiopia: Can Repay US$33 million in 14 Days to Escape Downgrade

(3 Minutes Read) It now joins Zambia and Ghana among the countries of the continent declared in default. Fitch said it would downgrade Ethiopia to...

Somalia’s Debt Relief Fund Triggers Excitement Among Citizens

(3 Minutes Read) Somalia’s President Hassan Sheikh Mohamud is ecstatic about the developments. He said that the loan would help Somalia to move forward and...

Floods in Kenya Creating Menace: Severe Shortage of Food and Medical Help Reported in...

(3 Minutes Read) Floods in Kenya are creating havoc on the ordinary lives there. It has stolen the lives of at least 170 and displaced...

Somalia to Get US$ 3.4 Billion from Lending Agencies

(3 Minutes Read) The Executive Boards of the IMF and the International Development Association (IDA), the World Bank agency that lends to the poorest countries,...

Kenya in Pink of Health: President Ruto

(3 minutes read) Kenya is out of danger of over-indebtedness, claimed its president, William Ruto, alluding to the success of his economic policies. There has...

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