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CRDB Bank disburses over 20bn/- in loans to 720,000 Tanzanian youth

Summary The government has allocated 2trn/- to support innovative young entrepreneurs, with simplified eligibility criteria allowing individuals with promising business ideas to apply for funding directly. MTWARA: MORE than 720,000 young Tanzanians have benefited from loans exceeding 20bn/- issued by CRDB Bank since 2023, according the bank’s Southern Zone Business Manager, Mr. Emmanuel Baganio. Speaking […]

Valentine Oforo

Al-Sisi to World Bank chief: Egypt loses $10bn in Suez Canal revenues amid regional tensions

Summary  Egypt had incurred losses of around $10bn in Suez Canal revenues due to the Gaza war and associated disruptions to Red Sea shipping. EGYPT: Egypt’s President Abdel Fattah Al-Sisi met Mr. Ajay Banga, President of the World Bank Group, earlier this week, reaffirming Egypt’s commitment to economic reform and warning of the mounting economic costs […]

Valentine Oforo

Tanzania installs rapid response center to tackle dangerous and destructive wildlife in Songwe

Summary  * The government has also been building barriers along rivers and lakes to protect citizens from crocodiles, alongside using drone technology to monitor wildlife movements. By John Bera –Songwe : THE government of Tanzania has intensified its efforts to control dangerous and destructive wildlife in order to safeguard the well-being and security of citizens, […]

Valentine Oforo

EAC Heads of State to convene 25th ordinary summit in Arusha

Summary * During the Summit, the Heads of State are expected to launch the EAC Customs Bond. * The Summit will also mark the official launch of the 7th EAC Development Strategy (2026/27–2030/31) EAC: THE East African Community (EAC) Heads of State are set to convene for the 25th Ordinary Summit of the EAC Heads […]

Valentine Oforo

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CRDB Bank disburses over 20bn/- in loans to 720,000 Tanzanian youth

Summary The government has allocated 2trn/- to support innovative young entrepreneurs, with simplified eligibility criteria allowing individuals with promising business ideas to apply for funding directly. MTWARA: MORE than 720,000 young Tanzanians have benefited from loans exceeding 20bn/- issued by CRDB Bank since 2023, according the bank’s Southern Zone Business Manager, Mr. Emmanuel Baganio. Speaking […]

Valentine Oforo

Tanzania installs rapid response center to tackle dangerous and destructive wildlife in Songwe

Summary  * The government has also been building barriers along rivers and lakes to protect citizens from crocodiles, alongside using drone technology to monitor wildlife movements. By John Bera –Songwe : THE government of Tanzania has intensified its efforts to control dangerous and destructive wildlife in order to safeguard the well-being and security of citizens, […]

Valentine Oforo
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