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Putting the U.S. First, At Africa’s Expense

Putting the U.S. First, At Africa’s Expense

In November 2016, the United States (US) concluded one of the most divisive presidential elections in its history. It is also hard to identify any public policy issues around which there have been strong and stable bipartisan cooperation in recent years. However, US relations with Africa have, in large part, enjoyed just such cooperation. Since […]

Zambia Exports to India Hit U.S.$475 Million

Zambia Exports to India Hit U.S.$475 Million

INDIA’s global imports stood at over US$300 billion between 2015 and 2016, with Zambia contributing US$ 475.4 million. Minister of State for Commerce and Industry Smt. Nirmala Sitharaman said Zambia contributed $ 475.4 million to India’s global imports during the period under review which stood at $ 381,006.6 million. Ms Sitharaman said India’s major import […]

EPA Trade Deal With Europe Is a Form of Colonialism, Says President Magufuli

EPA Trade Deal With Europe Is a Form of Colonialism, Says President Magufuli

Tanzanian President John Magufuli Sunday described the Economic Partnership Agreement (EPA) as a “form of colonialism”, dampening the country’s possibility of signing the deal with the European Union (EU). “It is bad for our country,” Dr Magufuli affirmed. Addressing a joint press conference with visiting Ugandan President Yoweri Museveni at the State House, Dr Magufuli […]

Egypt to import wheat from Russia, Ukraine

Egypt to import wheat from Russia, Ukraine

Egypt’s General Authority for Supply Commodities (GASC) has signed an agreement to import 360,000 tons of Russian and Ukrainian wheat, a statement by the Egyptian Ministry of Supply revealed on Thursday. The statement added that the move aimed to boost the country’s wheat stock allocated for subsidised bread production. The contracted wheat is scheduled to […]

Donald Trump Is Right On Congo’s Minerals, but for All the Wrong Reasons

Donald Trump Is Right On Congo’s Minerals, but for All the Wrong Reasons

A few weeks ago a British newspaper leaked the draft of an executive order proposing the suspension of a US law that imposes tight controls over the trade in Congolese gold, tin, coltan and tungsten. Section 1502 of the Dodd-Frank Financial Reform Act requires US companies to carry out due diligence to ensure their products […]

Nigerian Govt to Construct Cameroon-Nigeria Border Bridge At $47 Million

Nigerian Govt to Construct Cameroon-Nigeria Border Bridge At $47 Million

The Nigerian Government on Wednesday approved the construction of the Cameroon-Nigeria border link bridge as part of its efforts to strengthen the bilateral ties between the two countries. The Minister of Power, Works and Housing, Babatunde Fashola, who briefed State House Correspondents shortly after the meeting of the Federal Executive Council, FEC, presided by Acting […]

Alarm As Exports Fall By U.S.$272.4 million in Tanzania

Alarm As Exports Fall By U.S.$272.4 million in Tanzania

The value of exports of manufactured goods dropped by $272.4 million (Sh607.5 billion) last year amid a credit crunch, new data shows. If the trend continues it is likely to hit the endeavour to turn Tanzania into an industrialised middle-income economy as envisioned in the second Five-Year Development Plan whose implementation runs from 2016/17 to […]

East Africa to Gain From Brexit Fallout

East Africa to Gain From Brexit Fallout

The United Kingdom has promised to strengthen trade and investment links with the East African Community Partner States for mutual benefit. UK High Commissioner to Tanzania, Ms Sarah Cooke, said that her country would remain an outward focused trade-based economy with strong partnerships with other countries and regional economic blocs even in the wake of […]

Coffee Prices Up On High Global Demand

Coffee Prices Up On High Global Demand

Coffee sold at Moshi Exchange increased to 7,668 bags compared to 5,564 bags of the previous auction supported by price surge driven by high global demand. According to the auction results released by the Coffee Board of Tanzania (TCB), the overall average prices were up by 5.85 US dollars per 50 Kgs bag for Mild Arabica […]

Faith and Money From the Middle East Fuelling Tensions in the Horn of Africa

Faith and Money From the Middle East Fuelling Tensions in the Horn of Africa

Relations between the Horn of Africa and the Arabian Peninsula go back centuries, with trade playing a key component in binding their people together. Religion has also played a part. The expansion of Wahhabism – the interpretation of Islam propagated by Saudi Arabia – has been funded by the massive oil wealth of the kingdom. […]

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