Africa Matters

Tanzania best investment destination in East Africa

DAR ES SALAAM: TANZANIA is the most preferred investment destination in East Africa for investors eyeing to explore the region in the next two years, according to survey conducted by KPMG advisory firm. The survey shows 15 per cent of respondents on 150 C-suite level and senior executives in the region say they would consider investing in Tanzania behind South…

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Rising Demand in Cosmetics and Personal Care Industry Sparks Citrus Seeds Market Boom: Insights from FMI Report on the Natural Beauty Revolution

The citrus seeds market has experienced a remarkable surge in recent years, driven by growing demand for citrus fruits and their derivatives. These tiny powerhouses, loaded with essential nutrients and antioxidants, have gained popularity in the health and wellness industry. The market for citrus seeds worldwide was projected to reach US$ 4.32 billion in 2022. Sales are expected to reach US$ 8.9 billion…

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Top 10 most rewarding African countries to do business in 2023

・Business Insider Africa presents the top 10 most rewarding African countries to do business in 2023. ・This list is derived from Oxford Economics Africa’s report titled “The Africa Risk-Reward Index.” ・The research is based on the assessment of 3 major factors. Businesses have the option to go beyond national boundaries for new markets and investment opportunities in today’s globally…

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How Kenya anti-government protests affects EAC economy

The ongoing cost of living protests backed by the opposition in East Africa’s largest economy are having a ripple effect in the entire region as businesses are disrupted amid uncertainties over lasting resolution. Local transporters and commodity exporters are still worried over the deteriorating situation in Kenya caused by persistent anti-government protests Arusha. The flow of cargo trucks looked…

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Over 60% of technology professionals globally believe that sustainability is a crucial business priority

According to an IDC InfoBrief, sponsored by Cisco Dubai, United Arab Emirates — As organizations worldwide focus on operationalizing their ESG plans, Cisco and IDC launched a new study, titled “The Role of Technology in Enabling Sustainability: A Global Survey of IT Professionals”. The survey, which sought to better understand the technology trends and best practices that impact sustainability success,…

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‘TANZANIA must sprint to reap from natural gas global demand’

THE global market for natural gas is ripe, making the next month’s signing agreement between the government and major oil investors timely and worth it. Recently, the government said it envisaged signing the key 40 billion US dollars agreement for Liquefied Natural Gas (LNG) project with Equinor ASA and Shell Plc to pave way for exports after completing the…

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