Tanzania grants a 10-year tax holiday to the National Methanol Company for a US$1.6bn Lindi plant making 1.5m t methanol and 2m t LNG, creating 5,000 jobs.
Section
Economics
Beyond the Budget: How Tanzanian Business Demands Faster Growth to 2050
Tanzanian business praised the 2026/27 budget’s VAT refunds and simpler rules but demanded 10-15% growth for Vision 2050, flagging taxes and logistics.
Cabanga TV is live: watch how M-Pesa changed Africa
A Kericho cyber café, a Kenyan smart farm, a Ugandan banker's rise and Tanzania's mega-port are among the East African stories now free to watch. NAIROBI, 17 October 2026 - Sending money by phone sounded too simple to matter. It turned airtime agents into a cash...
Local Ore: How A1’s TSh 600 Billion Dodoma Steel Plant Targets 1,500 Jobs
A1 Iron & Steel pledges TSh 600bn for a Dodoma steel plant using local iron ore, starting July 2026 and creating 1,500 jobs in a beneficiation push.
Steady Hand: How the Bank of Tanzania Projects 6.3-Percent Growth for 2026
Bank of Tanzania projects 6.3% GDP growth for 2026 and 6.6% for 2027 while holding a 3-5% inflation target, giving operators a bankable base case.
Kenya’s raw-mineral ban makes value addition the test
Kenya plans to stop exports of unprocessed minerals and expand gold refining, shifting the policy question from extraction volumes to domestic processing, formalisation and competitiveness.
Egypt’s BRICS trade surge is import-heavy
Egypt’s trade with BRICS countries reached $36.7 billion in the first half of 2026, but imports rose much faster than exports and widened the gap.
Congo’s Kamoa solar plant changes mine-power economics
A 233MWp solar array and 526MWh battery system now supplies 30MW of firm power to Kamoa-Kakula, showing storage is becoming mine infrastructure.
Mozambique’s reserve decline is an import-capacity warning
Net international reserves fell to $3.436 billion in July, the lowest level in at least a year, leaving Mozambique with about four months of import cover.