The launch of MV Mwanza is expected to significantly boost economic activity across East Africa, strengthening regional trade, transport, and tourism links along Lake Victoria. […]
Category: Business
Sino-American Investment Fund Eyes $5 Billion Expansion Drive in Tanzania
An international investment fund, Sino American Global Fund (SinoAm LLC), is targeting a $5 billion investment push in Tanzania, signalling growing global investor confidence in […]
Uganda’s Export Earnings Jump 70.5% as Coffee and Gold Drive Trade Recovery
Uganda’s export earnings recorded a strong rebound in November 2025, rising 70.5 percent year-on-year, underscoring the growing contribution of key commodities—particularly coffee and gold—to the […]
Tanzania Targets June Agreement for $42 Billion LNG Export Megaproject
Tanzania is aiming to finalise a long-awaited agreement by June 2026 for a $42 billion liquefied natural gas (LNG) export project, a move that could […]
Uganda Looks Beyond Its Borders to Sell Surplus Electricity
Uganda is planning to expand electricity exports to regional and international markets as the country continues to generate more power than it consumes. According to […]
Zanzibar Enters Crucial Stage in Oil and Gas Exploration with New 3D Seismic Survey
Zanzibar has entered a critical phase in its quest to unlock offshore oil and natural gas resources following the signing of a major seismic data […]
KENYA: From Streets to Success: How Samuel Overcame Betrayal and Hardship
Life can take cruel turns, especially when hurt comes from those meant to protect us. This is the story of Samuel, a man from Kakamega, […]
Uganda Moves Closer to Regional Energy Hub Status as UAE-Backed $4bn Refinery Deal Nears Completion
Uganda’s long-delayed national oil refinery project has entered its most decisive phase yet, with the government edging closer to finalising a $4 billion partnership with […]
Indian Community Applauds Uganda’s Stable and Investor-Friendly Environment
Leaders of Uganda’s Indian community have praised the country’s long-standing peace, stable leadership, and investor-friendly policies, saying these factors have enabled them to make strong […]
Tanzania’s Private Sector Set for Strong Growth as Credit Reaches Sh43 Trillion
Tanzania’s private sector is showing strong signs of growth after total credit to businesses reached Sh43 trillion, highlighting increased confidence from banks and improved economic […]