Tanzania exports to Kenya hit Sh272.7 billion in first quarter

Summary The increased exports to the neighbouring country has forced the Tanzania Revenue Authority (TRA) to post its officials to Mombasa and Nairobi to facilitate pre-arrival clearance of goods Arusha. Tanzania exported goods worth $ 118.6 million in the first quarter (January to March) of this year, it was revealed on Wednesday.The increased exports to the neighbouring country has…

Read More

Tanzania exports to Kenya hit Sh272.7 billion in first quarter

Summary The increased exports to the neighbouring country has forced the Tanzania Revenue Authority (TRA) to post its officials to Mombasa and Nairobi to facilitate pre-arrival clearance of goods Arusha. Tanzania exported goods worth $ 118.6 million in the first quarter (January to March) of this year, it was revealed on Wednesday.The increased exports to the neighbouring country has…

Read More

We provide platforms for kids to excel in sports – NBA Africa, Partners

The National Basketball Association (NBA), Nigeria Office and its partners, Exxon Mobil Nigeria and Africare have organised a basketball clinic and mentoring sessions for secondary school students in Abuja to teach them the fundamentals of the slam and dunk game and also equipped the students with life skills for the future. The one-day programme held in Abuja, on Thursday,…

Read More

Can Egypt lead Africa into an industrial revolution?

In the early 1700s, Great Britain reached a new milestone. After its people had invested plenty of research and resources into food production, their agricultural revolution resulted in a food surplus. As a result, the Brits needed to find innovative ways to process their swelling harvest. At the same time, Britain had massive supplies of cheap coal. And since there was…

Read More

China Moly denies DRC takeover of its Tenke copper-cobalt mine

There has been no change in control of Tenke Fungurume Mining, majority owner China Molybdenum has said, contradicting authorities in the Democratic Republic of the Congo who said a temporary administrator had taken control of one of the world’s largest cobalt and copper mines. The secretary-general of Congo’s state mining company Gecamines told Reuters on Thursday that a court-appointed…

Read More

African e-commerce market to generate $46.1 billion in annual revenue by 2025, report

As smartphones and internet technologies become increasingly accessible in Africa, the continent has become a lucrative market for the eCommerce industry. According to the numbers presented by StockApps.com, the African eCommerce market will reach annual revenue of $46.1 billion by 2025. Africa is shaping up to be the next hotbed for internet-based businesses. As smartphones and the internet become…

Read More

China’s trade ties with Africa continue to strengthen

By Virusha SubbanPartner specialising in Customs and Trade, and Head of the Tax Practice, Baker McKenzie. Trade between China and Africa is growing. The General Administration of Customs of China recently noted that bilateral trade between China and Africa amounted to US$254.3 billion in 2021, an increase of 35.3% from 2020. In the first quarter of 2022, China’s Customs…

Read More

Egypt launches new Nilesat 301 satellite

Summary Egypt has successfully launched a new satellite dubbed Nilesat 301 on the SpaceX rocket Falcon 9 from Florida. The launching and the separation of Egypt’s new satellite Nilesat 301 from the Space X Falcon 9 rocket was broadcasted live. The new satellite was successfully launched into space at 11:03 pm Cairo Local Time, and the first signal was…

Read More