South Africa eyes October exit from illicit flows dirty list
South Africa has made progress in addressing most of the technical compliance deficiencies that were previously identified on illicit flows. It now has a change to exit the FAFT list by October. The country was flagged in February 2023 for deficiencies in combating money laundering,...
EACOP: East Africa’s pipeline to prosperity over 60% complete
EACOP project, which aims at transporting crude from Uganda to Tanzania’s coast, is now over 65 percent complete. Tanzania projects increased revenue once the $5 billion EACOP investment is operational. Construction of the pipeline started in 2023 and is set to end in 2027. The...
Soaring copper demand fuelling Africa scrap metal industry
Global demand for copper is on the rise. Coincidentally, Tanzania’s scrap metal industry is also growing. India tightens copper recycling laws. Demand for recycled copper is growing rapidly as the global focus on sustainability intensifies. According to sector experts, as global sustainability laws are tightened, demand...
Tanzania’s CNG revolution: Demand for gas-powered vehicles surges
Demand for CNG vehicles on the rise. Mother CNG filling station in full operation. Number of private cars using CNG exceeds 5000. Tanzania demand for Compressed Natural Gas (CNG) vehicles has increased significantly, attributable to the government incentives such as subsidies and reduced import tax....
Tanzania’s avocado exports dream finds a global ally in FAO
FAO is breathing new life into Tanzania’s avocado value chain through innovation, strategic investment, and inclusive growth. Tanzania owes much of this success to its smallholder farmers, who cultivate nearly 90 per cent of the country’s crop. Avocado exports surged by 74% between 2021 and...
Tanzania farmers bank big as warehouse receipt system gains traction
Tanzania warehouse receipt system sales a million tonnes of produce. Government reports increased revenue via ware house system. Tanzania to construct over 9000 factories to drive sale of local produce. Tanzania’s agricultural sector is experiencing a quiet revolution—one stored in warehouses and tallied in receipts....
Sabasaba fair spurs global confidence in Tanzania’s investment climate
Sabasaba trade fair is the largest of its kind across Africa. Over 26 countries exhibiting in this years fair. US envoy urges increased trade with Tanzania. Sabasaba trade fair, the 49th Dar es Salaam International Trade Fair (DITF), is currently underway in the commercial port...
Fertiliser subsidy sparks agricultural boom in Tanzania’s heartlands
Tanzania fertiliser subsidy programme a big boost for the agriculture sector. Youth urged to invest in agriculture, to earn a living, check joblessness and cultivate food security. Tanzania’s fertiliser subsidy programme is evolving into a vital cog in driving the country’s quest for agricultural transformation...
Tanzania to drill new natural gas wells after 10-year pause
New wells to be drilled at Mnazi Bay starting November 2025. The last time the country drilled gas well was about 10 years ago. Investment comes even as Europe looks set to reduce gas dependency in the backdrop of energy crisis. Natural gas continue to...
Tanzania’s climate wins go local with $16.8M payout to citizens
Tanzania disburses $16.8 million to locals in carbon credits earnings. Country now boasts of 73 registered projects currently at various stages of implementation. The projects cover several sectors: forestry (51%), energy (33%), agriculture (8%), livestock (5%) and waste management (3%). Tanzania distributed $16.8 million to...
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