Economic
IMF approves $150.5 million Extended Credit Facility for Tanzania
The International Monetary Fund (IMF) Executive Board has completed the second review of the Extended Credit Facility Arrangement for Tanzania,...
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Tanzania’s mortgage market posts 14 pct YoY growth to 593.7bn/- in Q3, 2023
Tanzania’s mortgage market registered a 2 percent growth in the value of residential mortgages during Q3 this year as of...
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AfDB approves $696.4 million financing for 650 km Burundi and Tanzania SGR project
The Board of Directors of the African Development Bank Group has approved various financing structures valued at $696.41 million for...
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SBL commits to sustainability, inks MOU with the United Nations Global Compact
Serengeti Breweries Limited (SBL) has signed an agreement to become a member of the UN Global Compact Network Tanzania (UNGCNT)...
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Tanzania’s current account deficit narrows to $3.26 billion in October 2023
Tanzania’s current account deficit narrowed to $3.26 billion in October 2023, compared with $4.99 billion recorded the preceding year attributed...
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EAC, TradeMark Africa unveil innovative app to revolutionise trade by eliminating Non-Tarriff Barriers
The East African Community (EAC) in partnership with TradeMark Africa uveiled a new mobile application (App) dedicated to the elimination...
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Tanzania exports up 15 pct to $.54 billion in October on non-traditional exports
The value of Export of goods and services in Tanzania improved, rising by 15.5 percent to $13.544 billion in the...
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World Bank’s Banga calls for record replenishment of fund for poorest countries
World Bank President Ajay Banga on Wednesday called on member countries to make the next replenishment of the lender's fund...
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African countries need $87bln annually for climate adaptation programmes: African official
Dr. Linus Mofor, Senior Environmental Affairs Officer – Energy, Infrastructure and Climate Change, United Nations Economic Commission for Africa (ECA),...
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COP28: Clean cooking for all Africans is possible, say world leaders
Leaders from around the world have declared their commitment to provide clean cooking energy by 2032 to nearly a billion...
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