Africa is standing at a crucial turning point. With the world’s youngest population, abundant natural resources, and a fast-growing digital economy, the continent has the […]
Category: Business
President Museveni Meets Former Nigerian Leader Obasanjo, Discusses Boosting Dairy Exports
President Yoweri Kaguta Museveni welcomed His Excellency Olusegun Obasanjo, the former President of Nigeria, to State House in Entebbe on August 8, 2025. The two […]
EAC Posts $0.8 Billion Trade Surplus as Exports Surge in Early 2025
The East African Community (EAC) has recorded a major economic milestone — a trade surplus of $0.8 billion in the first quarter of 2025. This […]
U.S. Tariffs Push Africa Closer to China – But At What Cost?
As steep U.S. tariffs shake African economies, China is stepping in with trade relief and deeper partnerships. But while the pivot toward Beijing offers short-term […]
Mombasa Port Remains Uganda’s Key Trade Gateway despite Rising Competition
The Port of Mombasa has successfully maintained its position as the main gateway for Uganda’s imports and exports, despite increasing competition from Tanzania’s Port of […]
Tanzania Launches Major Cargo Shift with New Kwala Dry Port Project
The Tanzania Ports Authority (TPA) has signed a new agreement to begin the transfer, storage, and transportation of cargo from the Port of Dar es […]
AfDB Invests Sh67.7 Billion to Expand Clean Energy in Tanzania, Rwanda, and Zambia
The African Development Bank (AfDB) has approved a Sh67.7 billion funding package to boost clean energy and improve electricity access in Tanzania, Rwanda, and Zambia. […]
Tanzania Pushes for Global Role in Clean Energy with Uranium Development Plan
Tanzania has announced plans to become a major player in the global clean energy transition by increasing its uranium production. This move could boost the […]
Uganda Moves Toward Clean Energy Future with New LPG Storage Hub in Hoima
Hoima, Uganda – Uganda has taken a major step toward improving access to clean energy and cutting down on harmful fuel use. On July 29, […]
Tanzania’s Mortgage Market Heats Up as More Banks Join, But Affordability Still a Major Hurdle
Tanzania’s mortgage market is growing fast as more banks enter the space, creating healthy competition. However, high interest rates and a shortage of affordable homes […]