S. Korea-Africa summit boosts economic collaboration
Nearly 50 deals and agreements have been inked during South Korea's inaugural summit with leaders from 48 African…
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Tanzania
S. Korea inks multi-billion-dollar loan deals with Tanzania, Ethiopia
South Korea's summit with African leaders is resulting in major economic deals, as Tanzania and Ethiopia signed…
Africa’s economies to grow 3.7% in ’24, 4.3% in ’25 – AfDB chair
Africa's economic growth is poised to accelerate to 3.7 per cent this year and 4.3 per cent next, up from 3.1 per…
Tanzania raises interest to 6%
Tanzania's Monetary Policy Committee (MPC) increased the central bank rate (CBR) from 5.5 per cent to 6 per cent
S. Africa’s KAP mulls $317mln logistics unit sale
KAP Ltd. is reportedly considering selling of its Unitrans business, as part of its plans to lower the company's…
Afreximbank, Hassan Allam sign facility agreement worth $200mln
Africa Export-Import Bank (Afreximbank) signed a facility agreement with Hassan Allam Group worth $200 million on…
TAQA Arabia opens first natural gas station in Tanzania
TAQA Arabia, the full-service energy and utility provider in Egypt, has announced the commissioning of Tanzania’s…
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 total expected…
Dubai-based DP World to invest $250mln to modernise port in Tanzania
Tanzania's government signed a controversial port management deal with Dubai-based DP World to operate and upgrade…
Saudi SDAIA, Google Cloud to train 1K women from 28 countries
The Saudi Data and Artificial Intelligence Authority (SDAIA) is working with Google Cloud to train 1,000 women from…