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Business - Page 3

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CRDB Campaign Second Draw Rewards Six Winners

The excitement surrounding the ongoing CRDB Bank TemboCard Visa campaign intensified after six lucky customers emerged winners during the second official draw of the “Fainali Ndo Mpango” promotion, a nationwide campaign designed to reward customers using digital payment services ahead of the
May 12, 2026

“Africa Faces Fuel Crunch Amid Supply Disruptions”

Fuel demand across Africa has surged sharply following disruptions in global energy supply, prompting several countries to explore long-term solutions within the continent. In this context, large-scale refineries such as the Dangote Refinery in Nigeria are attracting growing attention from governments seeking
March 25, 2026
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Tanzania Says Middle East Crisis Not Harming Fuel Sector

Tanzania has reassured citizens and businesses that the ongoing conflict in the Middle East has not yet significantly affected the country’s fuel supply, despite rising global oil prices and increasing regional tensions. Government officials say the nation’s robust petroleum reserves and careful
March 12, 2026
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Europe Competes for African Gas as Energy Markets Shift”

European governments are stepping up efforts to secure long-term natural gas supplies from Africa as part of a broader strategy to diversify energy sources and reduce reliance on Russian pipeline imports. The renewed push reflects ongoing shifts in global energy markets sparked
February 16, 2026
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Red Sea Shipping Disruptions Raise Trade Costs”

Ongoing security disruptions in the Red Sea are continuing to unsettle global shipping routes, forcing cargo vessels to reroute and pushing freight and insurance costs higher across key trade corridors. Maritime operators report that heightened risks near the Bab el-Mandeb Strait have
February 15, 2026
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OPEC+ Output Strategy Shakes Global Energy Markets”

Fresh production decisions from the Organization of the Petroleum Exporting Countries (OPEC) and its allies have sent renewed signals through global energy markets, as oil-producing nations seek to balance revenue stability with global demand uncertainty. At the center of the debate is
February 14, 2026
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Africa Becomes Battleground for Critical Resource Race

Competition between Western countries and China for rare earth minerals, critical metals, and energy resources across Africa is intensifying, placing the continent at the center of a new phase of global geopolitical and economic rivalry. Driven by rising demand for materials used
February 10, 2026
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