Tanzania Set to Halt Steel Imports Amidst Strong Local Production Growth
Tanzania will stop steel imports due to significant growth in local production. Minister Kitila Mkumbo highlighted that local factories now...
Companies
DRC Offers Exclusive Minerals Deal to US Amid Security Concerns
The Democratic Republic of Congo proposed to the US exclusive access to its minerals in exchange for security assistance to...
DRC Proposes Exclusive Minerals Partnership with the United States for Security Assistance
The DRC has offered the U.S. exclusive access to its critical minerals in exchange for security assistance against internal conflict....
Bank of Namibia Launches N$60 Banknote to Honor Hage Geingob
The Bank of Namibia has launched a N$60 banknote to commemorate Hage Geingob's 60 years of service. Expected to circulate...
Mozambique’s Debt Interest Costs Surge 12% in 2024
In 2024, Mozambique's debt interest expenses rose by 12% to 57.608 billion meticais (€857.4 million), compared to 49,929 million meticais...
Tanzania’s Strategic Initiatives and Private Investment Advancing Lithium Market
Tanzania is strengthening its position in the global lithium market through strategic government initiatives and increased participation from international mining...
Brazil Delays Decision on Angra 3 Nuclear Plant Completion
Brazil's National Energy Policy Council (CNPE) has postponed decisions on Angra 3's construction, which has a troubled history of delays...
Uzbekistan’s Banking Sector Outlook Remains Stable Despite Rise in Problem Loans
In 2024, Uzbekistan's banking sector faces a rise in problem loans to 7%, yet Moody’s indicates a stable outlook due...
Bridging the Financial Inclusion Gap: The Bank of Tanzania’s Strategic Vision
The Bank of Tanzania is addressing a 24 percent financial inclusion gap using a multifaceted approach involving digital innovation, improved...
Colombia Enhances Regasification Efforts Amid Looming Gas Shortage
Colombia's Ecopetrol has contracted PIO for regasification services on the Pacific Coast to address an impending natural gas shortage. The...
