AGP Executive Report
Last update: 9 hours agoTelecoms: Vodacom Tanzania’s first-half profit surged 183% to Sh117.8 billion, while parent Vodacom Group reported one of its strongest six-month performances. Agriculture: Horticultural exports nearly doubled to $569 million in 2024, and the government is seeking access to 14 new markets; avocado output also rose sharply. Dodoma Investment: South Korea’s Heerim will lead a feasibility study and master plan for a 10,000-hectare smart city near Hombolo Lake, linked to Msalato airport and Mtumba Government City. Digital Payments: KCB Tanzania has added PayPal to its mobile banking app, connecting customers to global payments. Trade Ties: Tanzania and Oman are reviewing cooperation in trade, transport, investment and agriculture, with officials urging clear plans and timelines. Energy: Noble Helium’s drilling equipment and crews are arriving at its North Rukwa project site ahead of planned November operations. Regional Risks: East African ministers adopted an emergency plan for El Niño-related flooding through February 2027, citing risks to infrastructure, agriculture and tourism, including in Dar es Salaam and Zanzibar.
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