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Tanzania: Entrepreneur sees ‘a lot of money’ in agriculture

Tanzania: Entrepreneur sees ‘a lot of money’ in agriculture

Hadija Jabiri Hadija Jabiri, founder of agribusiness company GBRI, sees untapped potential across Tanzania’s agricultural sector, particularly in processing fruit, vegetables and grains into value-added products. “You can make a lot of money out...

Tanzania edges toward trade, industry recovery

TANZANIA’S trade and industrial sectors are showing strong signs of recovery, driven by improved business conditions and expanding market opportunities across the region and beyond. The exports have steadily increased from 6.38 billion US dollars...

Burundi plugs Jiji hydro to power grid in growth push

Burundi plugs Jiji hydro to power grid in growth push

Burundi this week inaugurated the Jiji hydroelectric plant in Songa zone, Bururi Province, seeking to power more households and industries. President Evariste Ndayishimiye launched the project expected to generate 32.5MW as part of a broader...

Synergy Africa hails fertilizer factory launch as milestone for Tanzania’s agricultural future

Synergy Africa hails fertilizer factory launch as milestone for Tanzania’s agricultural future

Dodoma. Synergy Africa has praised the commissioning of the ITRACOM Fertilizer Factory by President Samia Suluhu Hassan, describing it as a landmark step towards strengthening Tanzania’s agricultural self-sufficiency and economic resilience....

Ghana’s gold exports surge

Ghana’s gold exports surge

Ghana is capitalising on its gold exports to drive economic growth, with revenues increasing to $11.6bn in 2024 - a 52.6% increase from the $7.6bn recorded in 2023. Gold exports accounted for 57% of the country’s total export revenue, solidifying...

Samia inaugurates Sh486bn fertiliser plant to revolutionise Tanzania's agriculture

Samia inaugurates Sh486bn fertiliser plant to revolutionise Tanzania's agriculture

Dodoma. Tanzania’s ambition to become a leading agricultural hub in Africa gained momentum on Saturday, June 28, 2025, with the inauguration of a $180 million (Sh486 billion) fertiliser plant in Dodoma—an investment aimed at reducing import...

KCB, Equity race to prop up Tanzania subsidiaries

KCB, Equity race to prop up Tanzania subsidiaries

Equity and KCB, the two publicly listed banks and the largest in East Africa, maintain a stiff ri- valry in regional operations: they currently share five markets: Tanzania, Rwanda, Uganda, the Democratic Republic of Congo (DRC), and South Sudan....

Burundi commissions Jiji hydroelectric power plant

Burundi commissions Jiji hydroelectric power plant

The Republic of Burundi has inaugurated the Jiji hydroelectric power plant in the country’s Bururi province. Jiji is the first of two hydroelectric plants being developed in the region, with the second, Mulembwe, set to become operational in the...

Burundi completes the first phase of a $320 million power project

Burundi completes the first phase of a $320 million power project

According to a press release, Burundi commissioned on Wednesday the first phase of an $320 million hydropower plant financed by the European Investment Bank (EIB), the African Development Bank (ADB) and the World Bank. According to the African...

IMF ranks South Sudan poorest country in 2025

IMF ranks South Sudan poorest country in 2025

By James Chatim South Sudan has been ranked as the world’s poorest country in 2025, according to new data released by the International Monetary Fund (IMF), estimating the country’s Gross Domestic Product (GDP) per capita at $251. In the list, the...

Burundi quadruples rice yield with Chinese support: official

BUJUMBURA, June 25 (Xinhua) -- Burundi has quadrupled its rice production thanks to Chinese technical support provided since 2009, a senior official has said. "Thanks to the Chinese technical support we have received since 2009, rice production...

KALW Almanac - Tuesday July 1, 2025

KALW Almanac - Tuesday July 1, 2025

Today is Tuesday, the 1st of July of 2025, July 1 is the 182nd day of the year 183 days remain until the end of the year. 83 days until autumn begins Sunrise at 5:51:51 am and sunset will be at 8:35:46 pm. Today we will have 14 hours and 43...

MESSAGE FROM THE CHAIRMAN OF THE BOARD OF DIRECTORS

MESSAGE FROM THE CHAIRMAN OF THE BOARD OF DIRECTORS

Dear Customers, Shareholders, Partners, and Fellow Tanzanians, It is with immense pride and heartfelt gratitude that I join you to celebrate a remarkable milestone 30 years since the founding of CRDB Bank. Over these three decades, we have...

Regional subsidiaries boost profits for Kenyan banks

Regional subsidiaries boost profits for Kenyan banks

Virtually every aspect of lend- ing for the big banks, says Ronny Chokaa, a senior ana- lyst at Nairobi-based Capital A Investment Bank, “was almost flat in Kenya [over the last year and more], but in the subsidiaries, it went up. Most of the...

The long arm of Kigali: Rwanda’s use of organized crime for geopolitical interests 

The long arm of Kigali: Rwanda’s use of organized crime for geopolitical interests 

The agreement signed on 27 June 2025 between the DRC and Rwanda represents an opportunity to make progress in resolving the M23 crisis in eastern DRC. However, the US administration’s success in sponsoring this agreement might prove short-lived,...

Life has become unbearable”: Burundian widows face hardship and injustice

SOS Médias Burundi Bujumbura, June 24, 2025 — On this International Widows’ Day, many Burundian women speak out about their harsh reality: poverty, abandonment, family injustices, and soaring prices have made their daily lives unbearable. They say...

The Success Story Of Tamura Oil  Burundi's Red Gold

The Success Story Of Tamura Oil Burundi's Red Gold

(MENAFN- African Press Organization) RUMONGE, Burundi, June 25, 2025/APO Group/ -- Beneath the shade of oil palms, a quiet yet powerful revolution is underway. The Dukundane Cooperative, led by women (95% of its members), stands as a beacon of...

AfDB champions Mattei Plan, Global Gateway to boost Africa’s industrial growth

AfDB champions Mattei Plan, Global Gateway to boost Africa’s industrial growth

African Development Bank (AfDB) President Dr. Akinwumi Adesina has reaffirmed the Bank’s pivotal role in driving Africa’s industrialization, connectivity, and regional integration through investments aligned with Italy’s Mattei Plan and the...

US Firm Backs $760 Million Congo-Rwanda-Burundi Hydropower Plant

US Firm Backs $760 Million Congo-Rwanda-Burundi Hydropower Plant

(Bloomberg) -- A long-delayed plan to build a hydropower plant on the Ruzizi River between Rwanda and the Democratic Republic of Congo received a boost amid US-backed peace talks between the two countries. Anzana Electric Group will team up with...

COLUMN: NEW THINKING. Is GDP per capita enough to measure well-being?

DR Akinwunmi Adesina, outgoing President of the African Development Bank (AfDB), recently raised concerns about Nigeria’s economic trajectory, highlighting a stark decline in GDP per capita from 1,847 US dollars in 1960 to a projected 824 US...

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