
The Exchange Africa
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Focuses on regional Stock Exchanges, trends in local & international markets affecting East Africa and provides analysis on investment and the capital markets in the region. The Exchange analysis on mining, oil and gas, financial services, banking, capital markets, and the region's stock markets.
The Exchange Africa
2d ago
Tanzania tourism surpasses 5 million visitor numbers target.
Data shows the number of Chinese tourists to the East African nation is increasing annually.
Film featuring top Chinese actor has big impact in Tanzania tourism.
Tourism in Tanzania is growing faster than anticipated with the country having hosted 5.36 million tourists in 2024, a figure higher than the targeted five million tourists by 2025. Tanzania’s Minister for Natural Resources and Tourism, Pindi Chana told a stakeholder’s meeting earlier in the week that the 5 million plus tourists racked in 4 billion U.S. dollars in rev ..read more
The Exchange Africa
2d ago
Tanzania well underway to achieve clean energy transition.
The nation’s success story has been enhanced by Siemens Energy’s investment in Ubungo Power Plant in Dar Es Salaam.
The technology to drive the energy transition is available, and Siemens Energy says it has capacity to make it accessible.
Tanzania faces two fundamental energy transition challenges, achieving universal access to affordable, reliable, sustainable, and modern energy services by 2030, as set out in the United Nation´s Sustainable Development Goal 7. The country is also keen on increasing the supply of electricity to fuel ..read more
The Exchange Africa
3d ago
Since 1960, more than $2.6 trillion has been pumped into Africa in the form of aid.
From 1970 and 1998, when aid was at its peak, poverty actually rose alarmingly—from 11% to 66%—due in large part to this massive influx of foreign aid that counteracted its intended good.
Aid decreased long-term economic growth by fuelling systemic corruption, in which powerful aid recipients funnelled foreign funds into a personal stash instead of public investment.
After President Trump announced a 90-day overseas spending freeze, Secretary of State Marco Rubio said “every dollar” must be “justified” by evi ..read more
The Exchange Africa
5d ago
The world has lost one of the most significant figures in global philanthropy and development.
At the age of 88, His Highness Prince Karim Al-Hussaini, the Aga Khan IV, died quietly in Lisbon, Portugal, with his family by his side.
His vision and leadership, as the founder of the Aga Khan Development Network (AKDN) and the 49th hereditary Imam of the Shia Ismaili Muslim community, have changed the lives of innumerable people in Africa and beyond.
The Aga Khan IV: An Advocate for the Advancement of the world
His Highness the Aga Khan IV is one of the few world leaders who has had such a lasti ..read more
The Exchange Africa
5d ago
USAID was established in 1961 by US President John F Kennedy.
The charity arm has over 10,000 global employees and spends $40 million in humanitarian support.
Trump, Musk allege USAID is run by “radical left lunatics” getting away with “tremendous fraud.”
A notice placed on the USAID website that announces to all its global staff, over 10 000 personnel, the commencement of an administrative leave this Friday.USAID, a giant charity arm of the US government is being dismantled by U.S. President Donald Trump. This decision is set to sent shockwaves across the world as it comes after almost a c ..read more
The Exchange Africa
5d ago
Donald Trump threatens to cease all funding to South Africa.
South African-born Elon Musk against Expropriation Law.
South Africa says the new law is just and seeks land equality in the wake of apartheid.
Donald Trump and his advisor, Elon Musk, have threatened to cease all aid to South Africa over its Expropriation Law. The move comes after South Africa’s President Cyril Ramaphosa signed an Expropriation Bill into law this January a move that does not sit well with Trump and Musk, an American billionaire who was born in South Africa.
South Africa says the law, seeks to empower the sta ..read more
The Exchange Africa
5d ago
Existing programs like the African Growth and Opportunity Act (AGOA) are under review, with a shift toward enforcing stricter reciprocity.
USAID, traditionally a key player in U.S. humanitarian and development efforts, is being dismantled and merged into the State Department.
Stricter visa policies and a reduction in refugee resettlement quotas directly impact African nations.
With the new Trump administration taking shape, its foreign policy direction for Africa is becoming increasingly evident. Guided by the “America First” principle, this strategy prioritizes American interests through pr ..read more
The Exchange Africa
6d ago
WHO has warned that the conflict could wipe out any gains made in recent months in the fight against mpox.
Across Africa, the DRC has evolved as the epicenter of the ongoing mpox outbreak recording 516 cases in the last week, along with 38 deaths.
The humanitarian situation in the DRC is affecting not only mpox (response efforts) but also a number of other outbreaks, says Africa CDC.
As the M23 rebels advance on their onslaught across different areas in the Democratic Republic of Congo (DRC), the World Health Organization has warned that the conflict could wipe out any gains made in recent m ..read more
The Exchange Africa
1w ago
Through partnerships, innovative incentives, and public-focused investments, the Sahel can close the energy gap and bridge the rural-urban divide.
Based on the region’s potential, UNDP is implementing the UN Integrated Strategy for the Sahel (UNISS), aiming to provide clean, affordable energy to over 150 million people by 2025.
The Sahel has one of the highest potential for solar energy production globally, at 13.9 billion kWh/year compared to the global consumption of 20 billion kWh/year.
Imagine a Sahel region where every household, school, and hospital has access to clean, affordable ener ..read more
The Exchange Africa
1w ago
Denmark, the UK, Spain and France have announced their contributions to the Sustainable Energy Fund for Africa.
Another new donor–Japan–joined in December 2024 with a $5M contribution.
Also joining the list of donors is SEFA, which is a multi-donor Special Fund that provides catalytic finance to unlock private sector investments.
The race to light up millions of homes in Africa under Mission 300 initiative has received a shot in the arm after a number of countries including Denmark, the United Kingdom, Spain and France have announced their contributions to the Sustainable Energy Fund for Afr ..read more