Cotton output in Tanzania, Africa’s fourth-biggest producer of the fiber, may drop 30 percent this year after lower prices discouraged growers and pesticide distribution was curbed, the Tanzania Cotton Board said.
Tanzania plans to boost cargo volumes by 80 percent over the next two years at the Dar es Salaam Port by adding railway links and upgrading facilities to improve efficiency, Transport Minister Harrison Mwakyembe said.
Graham Soko, a shopkeeper whose business straddles the railway line south of Lusaka station in Zambia’s capital, says he’s hoping to reap profits from the government’s plans to rejuvenate the dilapidated railway system.
A lawyer for Ahmed Khalfan Ghailani, the first Guantanamo Bay detainee tried in a U.S. civilian court, asked a federal appeals court in New York to overturn his 2010 conviction for helping bomb U.S. Embassies in 1998.
Sub-Saharan African nations outside South Africa are selling $7 billion of debt this year, more than in the past five years combined, as yields more than double those of Treasuries lure investors repelled in the past by violence and corruption.
AngloGold Ashanti Ltd., the world’s third-biggest gold producer, and its partner Stratex International Plc are expected to begin drilling for the metal in Djibouti in September, an Energy Ministry official said.
Tanzania-Zambia Railway Authority, jointly managed by the governments, canceled services for a second time in less than a month after a crane fell over the track outside of the commercial capital of Dar es Salaam.
HeidelbergCement AG’s Tanzanian unit will invest 50 billion shillings ($31 million) to build a fifth plant there by 2014, boosting capacity to 2 million metric tons a year, Managing Director Pascal Lesoinne said.