Towards zero hunger in Africa: 5 steps to achieve food security

Global food systems have been battered by overlapping crises in recent years. Key among these are the COVID-19 pandemic, the Russo-Ukraine war and extreme weather events resulting from climate change. These have resulted in forced migration, loss of employment, climate stress, loss of biodiversity, and economic instability. In Africa, which is home to 1.5 billion people, these shocks and…

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Uganda expects to secure $5bln oil pipeline funding early 2023

In February, TotalEnergies and its partner China National Offshore Oil Corporation signed a final investment decision with Uganda and Tanzania to kick-start investments worth more than $10 billion to produce and export Uganda’s crude Uganda’s national oil company (UNOC) expects to secure the funding for a $5 billion crude pipeline that the European Union is opposed to, by early…

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Uganda expects to secure $5bln oil pipeline funding early 2023

In February, TotalEnergies and its partner China National Offshore Oil Corporation signed a final investment decision with Uganda and Tanzania to kick-start investments worth more than $10 billion to produce and export Uganda’s crude Uganda’s national oil company (UNOC) expects to secure the funding for a $5 billion crude pipeline that the European Union is opposed to, by early…

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Tanzanian among Africa business heroes

Dar es Salaam. Africa’s Business Heroes (ABH) prize competition 2022 has named a Tanzanian among the ten most outstanding African entrepreneurs, being the first time since its inception three years ago.Mr Elia Timotheo, founder and CEO of East Africa Fruits Company, and nine other entrepreneurs have qualified for next month’s grand finale in which they will share a $1.5…

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Dar economy tipped to resist global recession

TANZANIA’S economy is anticipated to bravely surf past the looming global recession waves, thanks to a strong laid down macroeconomic policy. Several economists said that given the country’s current economic situation, which received notable praise from the World Bank, the impact of the recession will not be severe compared to peer economies. Early this week, the World Bank Vice-President…

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12th Annual Human Resource Summit kicks off in Arusha

Arusha, Tanzania – 12th Annual Human Resource Summit kicked off in Arusha yesterday, with specialized Masterclasses (workshops) and looking at how Tanzania is overcoming volatility, uncertainty, complexity, and ambiguity in the work environment for national economic gains The Summit is the East Africa’s premier and most significant annual gathering of top-notch human resources practitioners, will climax on Thursday and…

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Bloomberg TV plans live reporting in Johannesburg, Kigali, Lagos and Nairobi

Bloomberg plans to expand its TV presence in Africa to serve the growing audience of business and financial news consumers based on the continent or interested in the region as an agent of global markets, a statement by the firm has said. The firm’s verified Twitter handle notes that Bloomsberg TV offers “breaking news. In-depth analysis. Market-moving scoops. Exclusive…

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Tanzania gains US market for value added cashew nuts

Summary The ready-made market, poses a challenge to Tanzania to increase production, raise quality of the products Dar es Salaam. Existence of a ready-made US market for branded consumer packaged cashew nuts could mean less competition for Tanzania’s products at a better price, stakeholders told The Citizen on Friday. This may be the case because Tanzania will no longer…

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Tanzania gains US market for value added cashew nuts

Summary The ready-made market, poses a challenge to Tanzania to increase production, raise quality of the products Dar es Salaam. Existence of a ready-made US market for branded consumer packaged cashew nuts could mean less competition for Tanzania’s products at a better price, stakeholders told The Citizen on Friday. This may be the case because Tanzania will no longer…

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