As an example of this trend, Ray cites the China National Offshore Oil Corporation’s (CNOOC) stake as a minority joint venture partner in the East African Crude Oil Pipeline (EACOP), which is set to link Uganda’s oil fields to Tanzania. “CNOOC has been in Africa for so long, it ...
It was replied that Dr Singh’s response was unknown and he had been heading the “South-South Commission” for Tanzania’s Julius Nyerere, while what needed to be done urgently was make a clear forceful statement to restore India’s credit-worthiness and the confidence of international markets...
Better days are anticipated for 2023, however, thanks to the United States’ Inflation Reduction Act (IRA). Signed into law in August 2022, the IRA will provide some $386 billion in energy and climate spending over the next 10 years. Nonfinancial corporate issuers of GSSSB bonds in particula...
commercial banks and other eligible bank and non-bank financial institutions. The Trade Finance Intermediaries also act as Local Administrative Agents for Afreximbank’s facilities. The Bank has put in place the Trade Finance Intermediary initiative to establish lasting relationships...
Conservation of Lygodactylus williamsi (Reptilia: Squamata) in the Kimboza Reserve,Tanzania,and its breeding in Liberec Zoo,Czech Republic One of the main roles of modern zoos is the conservation of endangered animal species,primarily by keeping populations of them in captivity (ex situ conser.....
we have also financed infrastructure deals like our USD1.46 billion project financing of a Tanzanian railway, and we have created the first Sustainability Deposit. Funds raised from the Sustainable Deposits have then been used to finance SDG aligned activities such as the upgrading of a wastewater ...
This dependency on grant funding has effectively reduced the need for WASH providers to “act like a business,” focus on service delivery and customers or have the organisational capacity to repay loans. It has also reduced the incentive to set water user tariffs at a rate that covers operatio...
Additionally, through the use of AI intelligence, registration of accounts was achieved digitally; approximately 17 million accounts were registered in Kenya in its initial stages in 2012 while 7 million accounts were registered in Tanzania in 2016 (Van Hove and Dubus 2019; Wang and He 2020). ...
Tanzania is ahead of the pack in East Africa following enactment of the Microfinance Act, 2018 and its various regulations (encompassing all sorts of non-deposit taking micro lenders). It is envisaged that compliance with regulations will force micro lenders to improve on governance and record keep...
John Mangudya|GRADE:C– Zimbabwe’s central bank has been reveling over its prudent monetary policy stance that has resulted in year-on-year inflation dropping from 837.5% in July 2020 to 50.2% in August 2021. The bank’s monetary policy committee met in August and resolved to stay the cou...