Tanzania’s Monetary Policy Committee (MPC) increased the central bank rate (CBR) from 5.5 per cent to 6 …
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Tanzania
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Africa NewsFeatureIndustry & TradeTech/AI
S. Africa’s KAP mulls $317mln logistics unit sale
by Aya Anwarby Aya AnwarKAP Ltd. is reportedly considering selling of its Unitrans business, as part of its plans to lower …
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Africa NewsBanksMoneyReal EstateTech/AI
Afreximbank, Hassan Allam sign facility agreement worth $200mln
by Sama Mousaby Sama MousaAfrica Export-Import Bank (Afreximbank) signed a facility agreement with Hassan Allam Group worth $200 million on Sunday.
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TAQA Arabia, the full-service energy and utility provider in Egypt, has announced the commissioning of Tanzania’s first …
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Africa NewsEgypt NewsFeatureIndustry & TradeNewsTech/AI
Egypt El Sewedy Electric unit plans $400 million industrial city in Tanzania
A subsidiary of El Sewedy Electric plans to set up a new industrial city in Tanzania with …
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Africa NewsNewsTech/AI
Dubai-based DP World to invest $250mln to modernise port in Tanzania
by Nada Aliby Nada AliTanzania’s government signed a controversial port management deal with Dubai-based DP World to operate and upgrade part …
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International NewsMENA NewsNews
Saudi SDAIA, Google Cloud to train 1K women from 28 countries
by Sama Mousaby Sama MousaThe Saudi Data and Artificial Intelligence Authority (SDAIA) is working with Google Cloud to train 1,000 women …
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Africa NewsBanksFeatureFinancial InstitutionsNews
Ethiopia inks $400 mln financing deal with World Bank
by Nada Aliby Nada AliThe World Bank (WB) has signed a financing agreement with Ethiopia of a total $400 million to …
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The Bank of Tanzania (BoT) reported on Monday that the inflation has dropped to 3.6 percent in …
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Africa NewsEgypt NewsFeatureNews
Top 10 African countries with highest economic mobility based on visa-free travel in 2023
by Nada Aliby Nada AliA report done by Henley & Partners which ranks all passports in the world in terms of …
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