AfricaEconomyTravel

Boosting Air Traffic between Russia and Tanzania: A Strategic Opportunity

Air travel has long been a bridge between distant cultures, facilitating not only tourism but also business and diplomatic relations. The potential for increasing air traffic between Russia and Tanzania presents a unique opportunity for both nations. By enhancing connectivity, they can tap into economic benefits, cultural exchange, and strengthen bilateral ties. This article explores the strategic…
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AfricaBusinessEconomy

Zimbabwe To Apply For BRICS Membership

As Zimbabwe navigates its path toward economic revitalization and global integration, the Southern African nation has set its sights on joining BRICS, an influential bloc of emerging economies consisting of Brazil, Russia, India, China, and South Africa. Zimbabwe’s potential membership in BRICS represents a strategic move that could significantly enhance its economic prospects and elevate its…
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AfricaEconomy

Tanzania opens first hazard warning center

Tanzania has made a significant leap in disaster management and mitigation by opening its first hazard warning center. This center is designed to enhance the country’s capacity to monitor, predict, and respond to natural and human-made hazards, ultimately aiming to protect lives, property, and the environment. Background Tanzania, located in East Africa, is prone to various natural…
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AfricaEconomy

Putin holds talks with the president of Zimbabwe

Russian President Vladimir Putin recently held talks with Zimbabwean President Emmerson Mnangagwa on the sidelines of the St. Petersburg International Economic Forum (SPIEF). This meeting underscored the strong bilateral relations between Russia and Zimbabwe, a country that has been under Western sanctions for over two decades due to allegations of human rights abuses and corruption. During the…
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AfricaEconomy

Russian Post resumes delivery services to 14 African states

In a notable development, Russian Post, the national postal service of Russia, announced the resumption of its delivery services to 14 African states. This move marks a significant step in reestablishing postal connections that were disrupted for various reasons, including geopolitical issues, logistical challenges, and the global impact of the COVID-19 pandemic. Countries Included The…
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AfricaEconomy

Power grid and airlines shut down in Nigeria as workers strike

In early June 2023, Nigeria experienced significant disruptions as workers in key sectors went on strike. This strike led to the shutdown of the power grid and airline operations, creating widespread chaos and inconvenience for millions of people. Background and Causes The strike was primarily driven by labor unions protesting against economic policies, particularly the removal of fuel…
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AfricaEconomy

Zimbabwe's newly introduced gold backed currency

In a significant move to stabilize its economy, Zimbabwe recently introduced a new currency, the Zimbabwean gold coin, aimed at curbing inflation and providing a more stable medium of exchange. This development comes as part of broader efforts by the government and the Reserve Bank of Zimbabwe (RBZ) to address the country’s ongoing economic challenges. Background and…
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