Business

Tanzanian Tea

Tanzania Seeks To Increase Tea Productivity

Tanzania aims to raise tea output by at least 47 percent in the next five years and establish an auction to rival the world’s second-largest such sale in neighboring Kenya. To achieve its goal of becoming a middle-income economy by 2025, the East African nation is modernizing and commercializing …

upsteam

Africa Enjoys Oil Boom as Drilling Spreads across the Continent

Africa is finally seeing the benefits from the recovery in crude prices as companies ramp up drilling from Algeria to Namibia. The rigs are returning and wildcatters are getting excited again after a years-long hiatus during the oil-price slump. From majors like Total SA to independents like Tull…

Kenya’s Most Luxurious House

Kenya Becomes the 5th Richest Country in Africa

Over the past 10 years, Kenya has acquired wealth at a rate of 73% becoming the 4th biggest African country in wealth growth. In 2017 alone, the country grew its wealth at 2%. Kenya now has more than KSh10.4 (104 billion USD) trillion in wealth, a 9.5% increase from the previous year’s tota…