Tanzania has kicked off a major investment campaign aimed at transforming the country into one of Africa’s leading industrial and investment hubs. Speaking during the launch in Dar es Salaam, …
Trade
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Eastern AfricaEconomyIndustrialisationINVESTMENTNewsTrade
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BusinessEconomyGovernment PolicyInfrastructureTechnologyTrade
FIRS, Customs Strengthen Partnership to Fast-Track National Single Window Project
The Federal Inland Revenue Service (FIRS) and the Nigeria Customs Service (NCS) have intensified their partnership on the National Single Window (NSW) project, a major trade reform expected to transform …
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AviationBusinessGOVERNMENTTradeTransportationTravel & Tourism
Govt grants Air Tanzania permit to begin direct flights
Nigeria’s Federal Government has officially handed over the Foreign Carrier Operation Permit (FCOP) to Air Tanzania Company Limited, marking a new phase of cooperation between both countries in the aviation …
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Business and EconomyCurrencyGlobal NewsInflationMarketsPoliciesTrade
Dollar Weakens as Markets Expect U.S. Fed to Cut Rates in September
The United States dollar fell on Wednesday, August 13, 2025, as new economic data pushed more investors to believe that the U.S. Federal Reserve will cut interest rates in September. …
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Eastern AfricaEconomyGovernment PolicyINVESTMENTRegional IntegrationTrade
EAC Urged to Ratify Trade Rules to Boost Regional Business
Trade experts, private sector leaders, and government officials in the East African Community (EAC) have called on member states to urgently ratify changes to the Customs Union rules to speed …
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AfricaEconomyInternational RelationsINVESTMENTTrade
ACTIF2025 Seals $300m Africa-Caribbean Trade and Investment Deals
The Fourth AfriCaribbean Trade and Investment Forum (ACTIF2025) ended in Grenada with over US $300 million in deals signed and a strong commitment to deepen Africa–Caribbean collaboration. Co-hosted by Afreximbank …
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AgricultureBusinessEconomyInternational MarketsManufacturingTrade
Nigeria’s Non-Oil Exports Hit $3.23bn in H1 2025, Up 19.6% from Last Year
Nigeria’s non-oil exports rose to $3.225bn in the first half of 2025, showing a strong performance in the country’s drive to diversify its economy. This figure is a 19.59 per …
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AgricultureEconomyInternational MarketsRural DevelopmentTANZANIATechnologyTrade
Tanzania Sesame Trade Hits 200,000-Tonne Milestone
Tanzania has crossed a major milestone in its sesame trade, recording over 200,000 tonnes of sesame traded through the Tanzania Mercantile Exchange (TMX), the state-backed digital commodity auction platform. The …
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AfricaEconomyEnergyGlobal PoliticsOil & GasTrade
Brent Oil Price Falls on US-Russia Sanctions Dialogue
Brent crude oil prices stayed close to $66 per barrel on Monday, continuing the sharp fall recorded last week. The drop in price followed fresh news that United States President …