Tanzania

African Development Bank projects tripled incomes of rural producers and traders in Tanzania

An African Development Bank project to enhance market infrastructure, value addition and rural finance (MIVARF) in Tanzania produced highly satisfactory results, according to a report released by the project team.  The project, rolled out in the...

IMF approves $14.3 million debt service relief for Tanzania

The Executive Board of the International Monetary Fund (IMF) on Wednesday approved a $14.3 million debt service relief for Tanzania to battle COVID-19. The debt service relief was approved under the Catastrophe Containment...

BREAKING: One of Tanzania’s most popular rappers Mwana FA tests positive for coronavirus after trip to South Africa

One of Tanzania's most popular rappers, Mwana FA, has tested positive for coronavirus after returning from South Africa. https://www.youtube.com/watch?v=8P6dM9xFgRE Mwana FA, whose real name is Khamis Mwinjuma,...

SEE IT: President John Magufuli of Tanzania exchanges foot greeting to prevent spread of coronavirus

To prevent the spread of coronavirus, Tanzania's State House has shared a picture of President John Magufuli exchanging a foot greeting with opposition politician Maalim Seif Sharif Hamad. On Friday, March 6, 2020,...

Tanzania’s economy stable with growth at 6 percent, inflation under 5 percent and adequate foreign reserves, IMF says

The International Monetary Fund (IMF) said on Thursday Tanzania’s economic conditions remain stable, with economic growth estimated at about 6 percent, inflation at under 5 percent, an adequate level of foreign reserves, and manageable public debt.

Tanzanian investigative journalist Erick Kabendera slapped with heavy fines, released after 7 months in jail

Tanzanian investigative journalist Erick Kabendera has been released from jail after paying fines amounting to more than 118,000 US dollars. A Tanzanian court sentenced Erick Kabendera to a three-month jail term or the...

Standard Chartered Bank signs $1.46 billion 550-kilometer long railway project with Tanzania

The Standard Chartered Bank has signed $1.46 billion railway project with Tanzania. Standard Chartered CEO Sanjay Rughani with Minister of Finance and Planning Hon. Phillip Mpango (Source: Standard Chartered |

Travel ban on Nigeria, Myanmar, Eritrea, Kyrgyzstan, Sudan and Tanzania: Read full statement by U.S. Department of Homeland Security

Read the full statement by the United States Department of Homeland Security on President Trump's expansion of his 2017 travel ban last Friday that included six new countries, including four from Africa - Nigeria, Sudan, Tanzania...

The rage that greeted Trump travel ban in 2017 from big tech companies is missing as new ban targets four African nations

Many Americans, including big American tech companies such Amazon, Apple And Google, are silent since President Donald Trump expanded his 2017 travel ban to include six new countries, four of them African nations, including Nigeria, the...

Tanzania denying adequate health services to LGBT and intensifying forced anal examinations, Human Rights Watch warns

The government of Tanzania’s health policies deny adequate services to lesbian, gay, bisexual, and transgender (LGBT) people and others who are particularly vulnerable to HIV, jeopardizing public health, Human Rights Watch said in a report released on Monday....

Latest News

African Development Bank forecasts economic tumult for West Africa in 2020 amid COVID-19. Growth to shrink by 2 percent

Economic growth in West Africa, which was poised to expand by 4.0 percent in 2020, following growth of 3.6 percent in...

Buhari signs new appropriation act into law, explains why Nigeria needed to borrow more money amid COVID-19 pandemic and fall of oil prices

President Muhammadu Buhari made the remarks at the signing into law of the Appropriation (Repeal and Amendment) Act, 2020.

Charles Lufumpa: How African countries can respond to COVID-19, reopen economies and accelerate recovery

Charles Lufumpa, the African Development Bank’s Acting Chief Economist and Vice President for Economic Governance and Knowledge Management speaks on the...

Additional 49 million Africans could be pushed into extreme poverty and continent could lose up to $189 billion of GDP in 2020 amid COVID-19...

The African Development Bank on Tuesday projected that an additional 49 million Africans could be pushed into extreme poverty as the...

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