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<p>Analysts are projecting that a five-year treasury bond to be oversubscribed but with no significant change in yield rate. Raphael Masumbuko, CEO of Zan Securities joins CNBC Africa for more.</p>


Tanzania: Analysts forecast over-subscription of 5-year bond

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<p>On Friday, Uganda’s President Yoweri Museveni, enforced new COVID-19 measures that include a strict lockdown and curfew measures amidst an increase in COVID-19 related deaths in the country. Emmanuel Ainebyona, Senior Public Relations Officer at the Ministry of Health, joins CNBC Africa for more.</p>


Uganda tightens measures amid rise in COVID-19 cases

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<p>Tanzania is now formally working to join the COVAX facility and start its first coronavirus immunization campaign, five months after the COVAX facility disbursed its first consignment of vaccine.</p>


Tanzania to join COVAX facility

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<p>Last week, East African countries of Uganda, Kenya and Tanzania presented their budgets for the next fiscal year. Uganda plans to place a heavy focus on agriculture industrialization to lift the economy.</p>


How Uganda plans to finance its agro-industrialization agenda

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<p>The government of Tanzania has approved the exportation of mineral concentrates after establishing a proper revenue collection system. The government had suspended export concentrate since 2017/18 due to allegations of theft and fraud. Gabriel Mwang&#8217;onda, Economic Analyst joins CNBC Africa for more.</p>


Tanzania resumes export of mineral concentrates

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<p>This week Zambia&#8217;s headline inflation rose to 23.2 per cent in May, higher than projected. While Tanzania is taking on more debt as the World Bank has announced that it has approved the financing of three projects in Tanzania totalling $875 million. Ridle Markus, Africa Strategist, Absa Corporate and Investment Banking joins CNBC Africa for more.</p>


Zambia’s headline inflation rose to 23.2% in May

<p><em>Content provided by APO Group. CNBC Africa provides content from APO Group as a service to its readers and does not edit the articles it publishes. CNBC Africa is not responsible for the content provided by APO Group.</em></p>
<p>African Union Member States (55) reporting COVID-19 cases (4,812,313), deaths (130,025) and recoveries (4,351,816) by region:    Central (172,873 cases; 2,781 deaths; 159,001 recoveries): Burundi (4,650; 6; 4,198), Cameroon (77,982; 1,270; 72,926), CAR (7,085; 97; 6,665), Chad (4,927; 173; 4,742), Congo (11,658; 153; 10,591), DRC (31,386; 782; 27,654), Equatorial Guinea (8,476; 113; 8,146), Gabon (24,365; 150; 21,791), Sao Tome and Principe (2,344; 37; 2,288)    Eastern (647,406; 12,678; 536,199): Comoros (3,949; 146; 3,719), Djibouti (11,523; 153; 11,354), Eritrea (4,022; 14; 3,812), Ethiopia (270,944; 4,139; 235,850), Kenya (170,041; 3,124; 116,018), Madagascar (41,184; 828; 40,028), Mauritius (1,356; 17; 1,181), Rwanda (26,878; 352; 25,542), Seychelles (11,145; 40; 9,936), Somalia (14,647; 768; 6,717), South Sudan (10,688; 115; 10,514), Sudan (35,289; 2,600; 27,949), Tanzania** (509; 21; 178), Uganda (45,231; 361; 43,401)    Northern (1,453,109; 43,808; 1,276,107): Algeria (128,198; 3,586; 89,292), Egypt (259,540; 14,950; 190,254), Libya (184,815; 3,116; 171,279), Mauritania (19,407; 462; 18,377), Morocco (518,458; 9,135; 506,443), Sahrawi Arab Democratic Republic (739; 46; 691), Tunisia (341,952; 12,513; 299,771)    Southern (2,066,519; 64,531; 1,933,721): Angola (33,607; 745; 27,529), Botswana (56,313; 831; 50,494), Eswatini (18,587; 672; 17,855), Lesotho (10,825; 326; 6,434), Malawi (34,323; 1,154; 32,598), Mozambique (70,697; 835; 69,232), Namibia (54,268; 807; 50,053), South Africa (1,654,551; 56,293; 1,551,520), Zambia (94,430; 1,275; 91,443), Zimbabwe (38,918; 1,593; 36,563)    Western (472,406; 6,227; 446,788): Benin (8,058; 101; 7,893), Burkina Faso (13,424; 166; 13,248), Cabo Verde (30,122; 261; 28,163), Côte d&#39;Ivoire (47,195; 301; 46,591), Gambia (5,990; 178; 5,767), Ghana (93,775; 784; 91,853), Guinea (23,110; 161; 20,840), Guinea Bissau (3,760; 68; 3,511), Liberia (2,179; 86; 2,033), Mali (14,262; 516; 9,559), Niger (5,409; 192; 5,080), Nigeria (166,254; 2,071; 156,546), Senegal (41,296; 1,138; 39,932), Sierra Leone (4,140; 79; 3,128), Togo (13,432; 125; 12,644)Distributed by APO Group on behalf of Africa Centres for Disease Control and Prevention (Africa CDC).</p>
<p>Media files</p>
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Coronavirus: African Union Member States reporting COVID-19 cases as of 29 May 2021, 9 am EAT

<p><em>Content provided by APO Group. CNBC Africa provides content from APO Group as a service to its readers and does not edit the articles it publishes. CNBC Africa is not responsible for the content provided by APO Group.</em></p>
<p>The African Development Bank Group (www.AfDB.org) and the Government of Tanzania have signed loan agreements totalling $140 million to finance the construction of the 50-megawatt Malagarasi hydropower plant in Western Tanzania.</p>
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<p>The agreements cover a $120 million sovereign loan from the Bank and $20 million from the Africa Growing Together Fund (AGTF), administered by the Bank. Emmanuel M. Tutuba, Permanent Secretary at the Tanzania Ministry of Finance and Planning, and Nnenna Nwabufo, Director General of the Bank Group’s East Africa Regional Development and Business Delivery Office, signed the agreements.</p>
<p>The funds will be used to construct the plant and an evacuation transmission line, as well as to add 4,250 rural electrification connections, providing reliable renewable energy to households, schools, clinics and small and medium-sized enterprises in the Kigoma Region.</p>
<p>Tutuba said, “I would like to re-affirm the government’s commitment to working closely with the Bank in efforts to realize our national and international development aspirations. The government will take all necessary measures to ensure successful implementation of this project as planned.”</p>
<p>He lauded Tanzania’s cordial relationship with the African Development Bank that goes all the way back to 1964. He noted that the country was a proud founding shareholder who regard the Bank as a “development partner of choice.”</p>
<p>The project is one of Tanzania’s priorities under its Second Five-Year Development Plan and will also advance the objectives of the country’s Vision 2025. It also aligns with two of the Bank’s High Five strategic priorities, namely, Light up and Power Africa and Improve the quality of life for the people of Africa.</p>
<p>Nwabufo said, “The signing of the loan agreements is another testimony of our joint commitment to working together to support Tanzania’s development aspirations. Malagarasi Hydropower is one of the flagship projects in Tanzania’s Second Five-Year Plan. We appreciate the trust the Government has put in the African Development Bank and we are committed to remaining a privileged and trusted partner of choice.”</p>
<p>The project is one of six transformative infrastructure projects, with a total value of $1.12 billion, that the African Development Bank has approved in Tanzania over the last three years.</p>
<p>The Bank Group’s total ongoing commitment in Tanzania, about $2.33 billion in value, covers the key sectors of transport, energy, water supply and sanitation, agriculture, governance and finance.</p>
<p>The Africa Growing Together Fund is a facility sponsored by the People’s Bank of China and administered by the African Development Bank.</p>
<p>Distributed by APO Group on behalf of African Development Bank Group (AfDB).</p>
<p>Media Contact:<br /> Olufemi Terry<br /> Communication and External Relations Department<br /> African Development Bank<br /> email: o.terry@afdb.org</p>
<p>About the African Development Bank Group:<br /> The African Development Bank Group is Africa’s premier development finance institution. It comprises three distinct entities: the African Development Bank (AfDB), the African Development Fund (ADF) and the Nigeria Trust Fund (NTF). On the ground in 41 African countries with an external office in Japan, the Bank contributes to the economic development and the social progress of its 54 regional member states.</p>


Tanzania: African Development Bank Group signs loan agreements for $140 million to increase power generation

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<p>U.S. International Development Finance Corporation (DFC) announced the first disbursement of a $5 million direct loan to Africa Healthcare Network (AHN), the largest operator of dialysis centers in East Africa. The project is part of DFC’s comprehensive COVID-19 Response through which the agency is mitigating the economic and health impacts of the COVID-19 pandemic, and DFC&#39;s Global Health and Prosperity Initiative, under which the agency is working to strengthen global health systems.</p>
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<p>“DFC continues to support global health and sustainable economic growth in developing countries during the COVID-19 pandemic and beyond,” said DFC’s Vice President of the Office of External Affairs and Head of Global Gender Equity Initiatives Algene Sajery. “This investment in AHN will expand access to affordable, high quality healthcare across Sub-Saharan Africa through its operation of lifesaving dialysis centers.”</p>
<p>The pandemic has caused disruptions to health services worldwide and has impacted the ability for countries to address and respond to non-communicable diseases (NCDs). Those living with NCDs, including chronic kidney disease (CKD), are at an increased risk of becoming severely ill with COVID-19. Independent studies estimate that there are over 1 million patients with CKD in Sub-Saharan Africa requiring dialysis and the region requires over 50 times the current number of centers to meet the demand. DFC’s financing will help increase patient access to safe dialysis treatment and help mitigate disruption to essential health services.</p>
<p>AHN is the largest and most expansive dialysis services provider in East Africa with 18 dialysis centers in Kenya, Tanzania, and Rwanda offering high-quality, affordable care. DFC funding will allow AHN to support growth throughout Sub-Saharan Africa as it continues to build and operate additional dialysis centers through partnerships with leading hospitals in the region.</p>
<p>Since the onset of the COVID-19 pandemic, DFC has undertaken a multifaceted approach to mitigate the pandemic’s impact by providing rapid response recovery lending to existing DFC clients in developing countries; providing economic recovery lending to new DFC clients in vulnerable regions that support small and medium sized businesses, especially women-owned or women led businesses; and strengthening health systems. Also, as part of the overall U.S. global response to the COVID-19 pandemic, DFC is partnering with the private sector, other DFIs, U.S. government agencies, and other organizations. At a time when developing markets are experiencing liquidity strains, the agency is helping stabilize industries, safeguard jobs, and speed private sector recovery.</p>
<p>In addition to financing this vital project, DFC is strengthening global health systems by working to provide businesses with financing to increase capacity in the manufacturing, production, and distribution of vaccines, including the COVID-19 vaccine, under DFC’s development strategy Roadmap for Impact. DFC is also prioritizing investments that empower women and advance its 2X Women’s Initiative, as women are often disproportionately impacted by crises, especially when they seek access to capital.</p>
<p>DFC is accepting proposals under its Global Health and Prosperity Initiative. The agency seeks to invest between $5 million and $500 million per eligible project through its full range of financial tools, which includes equity and debt financing, political risk insurance, and technical development. Eligible projects should deliver highly impactful health outcomes in developing countries.</p>
<p>Distributed by APO Group on behalf of U.S. International Development Finance Corporation (DFC).</p>


U.S. International Development Finance Corporation (DFC) advances COVID-19 Response in Africa with $5 Million Investment in Africa Healthcare Network

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<p>By Charity Migwi and Nicole Rodel</p>
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<p>The world has no business investing in new fossil fuel developments in our race to the 1.5°C pathway. The International Energy Agency’s (IEA) newly released Net Zero by 2050 roadmap (https://bit.ly/3vmJj5j) has closed the door on new fossil fuel extraction, and fossil fuel giants have lost their claim to fame of new oil and gas reserves being aligned with the Paris Agreement. It’s a small victory for climate, and the big polluters, governments, and public finance institutions will have a tough time giving grounds for dirty developments &#8211; but there is seemingly no slowing down Total SE, Standard Bank and AfDB from riding their gravy train through Africa at full steam ahead.</p>
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<p>Since 2012, Total SE has been the largest fossil fuel spender in Sub-Saharan Africa (https://bit.ly/3ujpZ7N). The French energy giant expanded its dominance in the region when it signed the Shareholding Agreement (SHA) and the Tariff and Transportation Agreement (TTA) alongside the governments of Uganda and Tanzania, with Tanzania recently signing the Host Government Agreement (HGA) (https://bit.ly/3uhmr5N). This deal has paved the way for oil exploration in the Albertine Graben and the construction of the longest heated pipeline in the world, the East African Crude Oil Pipeline (EACOP). The signing of this long awaited deal has spelled doom for communities affected by the project as compensation delays and mixed messages have only triggered anguish (https://bit.ly/3uekZkV) and controversy among the Project Affected Persons (PAPs). Not only will tens of thousands of people be displaced but locals risk losing their land in exchange for peanuts as the valuation report used by the government relies on old property rates (https://bit.ly/3oUBSQr). In consequence, Total will continue enriching itself at the expense of already vulnerable East Africans.</p>
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<p>EACOP is not the only African charm for the French energy giant. Its mega Liquified Natural Gas (LNG) project in Mozambique is targeted for completion in 2024 &#8211; and the added conflict has displaced hundreds of thousands of people (https://bit.ly/3oM0GtK) from their homes, farmlands and fishing areas, leaving them without livelihoods and reliant on food aid. Total’s operation in Mozambique has ignited flames for the province of Cabo Delgado as the gas industry is fuelling social tensions. The already vulnerable locals are feeling frustrated being caught up in the manifestation of the paradox of plenty. Their resource rich province is being plundered by political and global economic elites as they suffer violence, human rights abuses and massive displacements, amid escalating insurgencies and security threats conveniently labelled as terrorism. In response, Total declared force majeure on its $20 billion LNG project (https://reut.rs/3yEAc27), thereby absolving itself of its commitments and contractual obligations, while still holding the major benefits of being the project concessionaire even at a time when survival is at stake.</p>
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<p>The effect of Total’s presence ranges from human rights violations, violent conflict, environmental destruction, displacement, and death; all while fueling the climate crisis. Environmental racism has put black, indigenous, and people of colour communities in the path of polluters and the climate crisis &#8211; one of the biggest global threats to ensuring human rights and dignity for all.</p>
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<p>At the forefront of championing these crises is Standard Bank, as they continue to play an advisory role in organizing funding for the $3.5billion EACOP project as well as finance the Mozambique LNG to a tune of $485 million (https://bit.ly/3oPJt2x), thereby fuelling a climate catastrophe. In the meantime, Standard Bank prides itself in being a leading oil and gas sector banking team on the continent (https://bit.ly/3oPJt2x). With its tremendous assets totalling over $162 billion regionally, Standard Bank has the potential of influencing positive transformation across the African continent through clean renewable energy that will not only meet the continent’s energy needs but also create thousands of jobs. Instead, the bank opts for life long torture of already vulnerable communities by investing in fossil fuels.</p>
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<p>While governments and fossil fuel companies champion these projects under the guise of economic revival and job creation, growing environmental, social, and governance concerns &#8211; and stranded assets &#8211; are beginning to make their way into the boardrooms of the public finance institutions footing the bill, in large part due to pressure from civil society and grassroots movements. The African Development Bank Group (AfDB) &#8211; who poured $400 million (https://bit.ly/3fNfAMr) into Total’s Mozambique LNG project, but strongly refuted claims (https://bit.ly/2QT8TQy) of its involvement in financing EACOP &#8211; recently released its draft Climate Change and Green Growth Strategic Framework for public comment, which finally put in writing that the Bank will “cease all investment in coal or coal-related technologies, ensuring that it will not perpetuate or provide longevity to coal”. The strategic framework tiptoes around the subject of natural gas, with the seemingly cuddlier cousin to coal and oil set to play a limited and transitional role in Africa’s energy access development goals, but no mention of oil is made whatsoever. However, a golden thread weaved throughout the draft policy is the AfDB’s commitment to Paris Alignment &#8211; and with the IEA’s new stance against oil and gas for a 1.5°C warmer world, it may be back to the drawing board for the AfDB to uphold their goal of operationalising the Paris Agreement.</p>
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<p>The climate crisis is already here and hurting the most vulnerable people. In 2020, the warmest year (https://bit.ly/3fjafxd) on record, extreme climate disasters displaced more people globally than war (https://bit.ly/2RBFkDz). It is time for governments, public finance institutions, and fossil fuel giants to take heed of what we, the people (https://bit.ly/3bSbX6u), have been calling for (https://bit.ly/3bSbX6u), and reimagine our development pathway for a sustainable and equitable future. The people and the planet do not need to be weighed against profit and economic development. This is a climate emergency, and we need to use all of our energy and might to fight for the Africa we want &#8211; one that prioritises its abundance of wind and solar potential to fuel its prosperity and puts its people, heritage, and environment at the centre of our development.</p>
<p> Distributed by APO Group on behalf of 350.org.</p>
<p>About the Authors:<br /> Charity Migwi is the Africa Regional Campaigner at 350.org<br /> Nicole Rodel is the Junior Manager, Communications and Campaigns, at African Climate Reality Project</p>
<p>Media files</p>
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Polluters are slowing down Africa’s progress (By Charity Migwi and Nicole Rodel)

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<p>Mondia Pay (www.Mondia.com) and M-Pesa have partnered to allow Tanzanians to conveniently access Mondia’s leading suite of online content on the Vodacom Tanzania PLC digital services network.</p>
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<p>Africa is experiencing a fintech explosion, with digitalisation coming of age in many countries as connectivity and access to devices expand and the pressures of COVID-19 shift more consumers online. According to the GSMA, two-thirds of global mobile-money transactions are driven by sub-Saharan Africa.</p>
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<p>Mondia Pay has connected Africa&#39;s most successful mobile money service and the region’s largest fintech platform, M-Pesa, with Africa’s leading provider of online digital entertainment, Mondia.</p>
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<p>Currently, over 7 Million  Vodacom Tanzania customers are using Valued Added Services (VAS) and digital services, can make use of their airtime balances via SMS and USSD to subscribe to Mondia digital services including PlayInc., MyMuze, Vodacom Premier league, as well as many other news and entertainment services.</p>
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<p>With the addition of the Mondia Pay and M-Pesa payment option, users now have a safe, secure and convenient payment method connecting them to the world’s best content, from sports and movies to music and games. The partnership shows the growth potential for innovative fintech and content collaboration, and opportunities for Mondia’s premium partners and merchants to access new markets and revenue opportunities.</p>
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<p>“The future of fintech is going to be driven by innovative partnerships that offer compelling and convenient consumer solutions. We are extremely proud of our efforts to enable customers across Tanzania to benefit from Mondia Pay’s integration of M-Pesa as an additional payment option. We also support the continuous efforts taken towards the transition into cashless societies, which has gained significant traction in the past 12 months,” said Simon Rahmann, CEO of Mondia Pay. </p>
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<p>Vodacom Tanzania’s Director for Digital Services Nguvu Kamando said, “This new M-Pesa payment option, enabled by Mondia is a critical component of our digitisation agenda and increases accessibility for our customers to the Mondia digital services offering. The use of M-Pesa, a leading mobile financial service accessible to over 13 million customers in Tanzania with a robust agent network across the country, will offer increased flexibility and ease-of-payments for our customers.”</p>
<p> Distributed by APO Group on behalf of Mondia Pay.</p>
<p>Media Contact:<br /> Alex Bitekeye<br /> PR Manager – Vodacom Tanzania<br /> Tel: +255 754 712 453<br /> bitekeyea@vodacom.co.tz</p>
<p>Michael Rubenstein<br /> Principle – Own Alchemy <br /> Tel:  + 27 82 903 7797<br /> michael@ownalchemy.com</p>
<p>Nicolas le Roux<br /> CMO Mondia<br /> Tel: +971 50 557 5041<br /> nicolas.leroux@mondia.com</p>
<p>About Vodacom Tanzania:<br /> Vodacom Tanzania Plc is the country’s leading mobile operator and mobile financial services provider. We provide a wide range of communication services for consumers and enterprise – including voice, data and messaging, video, cloud and hosting, mobile solutions and financial services – to over 14.1 million customers. Vodacom Tanzania Plc and its subsidiary companies are part of the Vodacom Group registered in South Africa, which is in turn owned by Vodacom Group Plc of the United Kingdom. It has been registered on the Dar es Salaam Stock Exchange (DSE) with registration number ISIN: TZ1886102715 Stock name: VODA.</p>
<p>For further information, please visit our website: www.vodacom.co.tz</p>
<p>About Vodacom M-Pesa:<br /> Vodacom M-Pesa is Tanzania’s largest mobile financial service introduced by Vodacom Tanzania PLC in 2008. Now GSMA certified and with over 13 million customers, M-Pesa has significantly contributed towards financial inclusion and economic activity in the country. Customers deposit and withdraw money from their M-Pesa wallets through over 106,000 agents across the country. The M-Pesa ecosystem connects businesses, banks and government agencies making digital payments possible. </p>
<p>To date, M-Pesa continues to be the market leader in mobile financial services, rolling out innovative services such as savings &#038; Loans, Virtual Debit cards, Overdraft services, Group savings, E-payments and many more, which address the real needs of Tanzanian thereby enhancing financial inclusion and deepening.</p>
<p>About Mondia:<br /> Mondia is a leading mobile commerce company, dedicated to connecting, digitalising and monetising mobile consumers. Mondia provides access to over 1.5bn consumers through more than 84 mobile operators across 60 countries. As a global leader, Mondia has deep insight into where the markets are headed and has the expertise to leverage best-in-breed technologies to solve business challenges while enabling the ultimate end user experience.</p>
<p>In addition to creating personalised digital experiences through its content-agnostic platform, Mondia’s advertising agency is geared to drive and manage user acquisition throughout the full customer lifecycle journey. Continuously driven by innovation, Mondia Labs, Mondia’s innovation hub, is driving entry into new sectors like health and creating disruptive products such as Monsooq. </p>
<p>With offices in 19 locations across Europe, the Middle East and Africa, Mondia is committed to digitalise the globe through its distinctive technology, strategic partnerships and extensive network and global coverage.</p>
<p>Mondia services are also available in Ethiopia, Nigeria and Pakistan through mondia.cell. </p>
<p>About Mondia Pay:<br /> Mondia provides access to over 1.5bn consumers through more than 84 mobile operators in over 60 countries around the globe via the Mondia Pay’s carrier billing platform. </p>
<p>Mondia Pay is Mondia’s digital payment entity and processes well over 2.1 billion transactions monthly. Mondia Pay offers unparalleled reach for the world’s most recognised brands and merchants, while ensuring that global direct carrier billing and digital payment solutions are made simpler and easier. Mondia Pay connects premium merchants such as Deezer, PubG, OSN, Huawei, LaLiga and hundreds of smaller merchants to new audiences across the many markets they operate in. Mondia Pay provides a state-of-the-art, own-built next-generation platform which allows for a single API integration at speed. Mondia Pay also facilitates the seamless acquisition and end-to-end lifecycle management of subscribers.</p>
<p>For more information please visit: http://www.Mondia.com/</p>
<p>Media files</p>
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Mondia Pay expands new fintech opportunities to increase access to digital entertainment for Vodacom Tanzania customers

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<p>Tanzania’s banking sector remained resilient in 2020 according to the Bank of Tanzania. Profits grew for the top 10 banks that control the majority of the banking market, and banks sustained strong asset growth. Ivan Tarimo, Partner at Bankable Tanzania spoke to CNBC Africa for more.</p>


Tanzania’s banking sector remain resilient amid COVID-19 crisis

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<p>German global insurance firm Allianz has completed an acquisition of 66 per cent stake in Jubilee Holdings, Kenya’s largest insurance company. The merger will see the two parties expand their insurance businesses across Kenya, Tanzania, Uganda, Burundi and Mauritius. Coenraad Vrolijk, Allianz Africa Regional CEO joins CNBC Africa for more.</p>


Allianz acquires 66% stake in Kenya’s Jubilee Holdings

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<p>The value of investments in Tanzania dropped to almost $2 billion in the 2019/20 financial year. This is according to the country’s general’s report. SSC Capita CEO, Salum Awadh, joins CNBC Africa for more on the new strategies put in place to improve the investment climate in Tanzania.</p>


SSC Capita CEO on how Tanzania can improve its investment landscape

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<p>Earlier this week, Tanzania and Uganda signed three key agreements to kick off the construction of the East African Crude Oil Pipeline. The $3.5 billion project is expected to have short and long-term economic benefits for the two neighboring countries. Abdulsamad Abdulrahim, Chairman of the Association of Tanzania Oil and Gas Service Providers joins CNBC Africa for more.</p>


EA oil pipeline agreement: What the deal means for Tanzania’s economy

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<p>A key element of the project is the crude oil export pipeline to run from Uganda to the Indian Ocean at Tanga.</p>


EAC oil agreement: Here’s why it’s a big deal for Tanzania

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<p>Fifteen years after discovering commercially-viable crude oil deposits, Uganda begins its final journey to production with the signing on of a landmark deal with Tanzania and French oil company Total. The deal, which is expected to unlock upwards of $15 billion in investments, was signed in Kampala yesterday. Elison Karuhanga, Partner with KAA Advocates joins CNBC Africa for more.</p>


Tanzania

Tanzania: Analysts forecast over-subscription of 5-year bond

Uganda tightens measures amid rise in COVID-19 cases

Tanzania to join COVAX facility

How Uganda plans to finance its agro-industrialization agenda

Tanzania resumes export of mineral concentrates

Zambia’s headline inflation rose to 23.2% in May

Coronavirus: African Union Member States reporting COVID-19 cases as of 29 May 2021, 9 am EAT

Tanzania: African Development Bank Group signs loan agreements for $140 million to increase power generation

U.S. International Development Finance Corporation (DFC) advances COVID-19 Response in Africa with $5 Million Investment in Africa Healthcare Network

Polluters are slowing down Africa’s progress (By Charity Migwi and Nicole Rodel)

Mondia Pay expands new fintech opportunities to increase access to digital entertainment for Vodacom Tanzania customers

Tanzania’s banking sector remain resilient amid COVID-19 crisis

Allianz acquires 66% stake in Kenya’s Jubilee Holdings

SSC Capita CEO on how Tanzania can improve its investment landscape

EA oil pipeline agreement: What the deal means for Tanzania’s economy

EAC oil agreement: Here’s why it’s a big deal for Tanzania

Tanzania-Uganda oil deal: What’s in it for Uganda?

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Tanzania

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EA oil pipeline agreement: What the deal means for Tanzania’s economy

EAC oil agreement: Here’s why it’s a big deal for Tanzania

Tanzania-Uganda oil deal: What’s in it for Uganda?

News Tips

Advertise With Us

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