Economy

Economy

G20 Taskforce Calls for Global Panel on Inequality Emergency

G20 Taskforce Calls for Global Panel on Inequality Emergency

Africa-Press - Tanzania. A G20 taskforce established by South African President Cyril Ramaphosa has called for the creation of an international panel to tackle...
Oil Prices Ease on Supply Surplus and Weak US Manufacturing

Oil Prices Ease on Supply Surplus and Weak US Manufacturing

Africa-Press - Tanzania. Oil prices edged lower Tuesday after eight members of the OPEC+ group, including both OPEC and non-OPEC producers, decided to postpone...
Security Stabilizes Business Returns to Normal Makalla Assures

Security Stabilizes Business Returns to Normal Makalla Assures

Africa-Press - Tanzania. ARUSHA Regional Commissioner, Amos Makalla, has assured residents of Arusha, visitors, and tourists arriving in the region that security in Arusha...
World Bank’s investment arm to boost local-currency lending

World Bank’s investment arm to boost local-currency lending

Africa-Press - Tanzania. The International Finance Corporation, the World Bank’s private investment arm, is expanding its local-currency lending and direct investments into companies across...
Passengers Stranded at Tanzanian Airports Due to Election

Passengers Stranded at Tanzanian Airports Due to Election

Africa-Press - Tanzania. Hundreds of passengers were stranded at Tanzanian airports this weekend after President Samia Suluhu Hassan won the country’s disputed election with...
Infrastructure: from Foreign Loans to Domestic Capital

Infrastructure: from Foreign Loans to Domestic Capital

Africa-Press - Tanzania. Africa needs between $100 to $150 billion per year to close its infrastructure gap. Economic growth on the continent over the...
Food Fuel and Money Shortages in Tanzania After Protests

Food Fuel and Money Shortages in Tanzania After Protests

Africa-Press - Tanzania. Shortages of food, fuel, and money have hit Tanzania, according to the Foreign, Commonwealth and Development Office (FCDO), after protests erupted...
NEPAD Leader Calls for Private Sector in Africa’S Growth

NEPAD Leader Calls for Private Sector in Africa’S Growth

Africa-Press - Tanzania. The Chairman of the NEPAD Business Group Nigeria (NBGN) Mr. J.K. Randle, has called for renewed private sector commitment to Africa’s...
ACEA Sparks Innovation and Jobs

ACEA Sparks Innovation and Jobs

Africa-Press - Tanzania. On the outskirts of Addis Ababa, 30-year-old Behailu Seboka, founder of Askema Engineering, manufactures brake pads using discarded materials from slaughterhouses....
African Union Implements AI in Transport Sector

African Union Implements AI in Transport Sector

Africa-Press - Tanzania. The African Union (AU) plans to harmonize the use of Artificial Intelligence (AI) in the transport sector, with the goal of...