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    Maize prices decline in the region

    Why Tanzanians preferred Kenyan maize in the last quarter of 2018

    Women are running Kenya's economy by controlling half the 1.3 million MSMEs in the East African investment hub. AfDB has been partnering with Entreprenarium to educate women on entrepreneurship, business development and financial management. www.exchange.co.tz

    Kenya: Women own half the 1.3 million MSMEs

    Healthcare in Ethiopia - The Exchange www.exchange.co.tz

    United States invest $40 million in Ethiopia’s health sector

    Innova to open a US$40 Million plant in Kenya to build green affordable homes- The Exchange

    Kenya’s private Mwale Medical and Technology City gets US$40 million American support

    Sesame - The Exchange www.exchange.co.tz

    Israel, Ethiopia inaugurate new sesame processing factory

    Investing and implementing infrastructure projects in East Africa is set for a paradigm shift as government officials, private sector and expert meet in Nairobi for the first East Africa infrastructure project financing conference. The two day conference will address infrastructure development and financing.

    Boost for E.A projects as experts meet for inaugural infrastructure forum

    Sunflower (Harris Seeds)- The Exchange

    The untapped edible oil sector in Tanzania

    China is dominating the global creative goods and services trade beating the US and Japan and European countries like France and the UK. www.exchange.co.tz

    How is Africa suffering from US-China trade wars?

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    African SMEs set to gain from AMI $ 2.8M investment fund

    An internet node. China’s internet and social media censorship are coming to Africa as dictatorship on the continent once again seems to be rearing its head again. www.exchange.co.tz

    China’s internet, social censorship comes to Africa

    Cytonn Real Estate, the development affiliate of Cytonn Investments, has commenced development of the Applewood project, an exclusive US$24.9 million residential gated community located in Karen, Nairobi.The 10-acre Applewood development is a great opportunity for home owners looking for a serene, luxurious and quality place to live with their families, while also delivering attractive returns to investors.

    Cytonn unveils new US$24.9 million high-end real estate project in Nairobi

    President Emanuel Macron will be visiting Kenya in March in a visit that will see the two countries sign bilateral agreements. As the governments meet, the private sector has already made significant entry into the country

    Kenya already a French zone even as President Macron visits

    The locations and countries where the blockchain technology is being used in Africa. The global blockchain market value is estimated to surpass the USD 60.7 billion mark by 2024 and African tech companies are not being left behind in the revolution. www.exchange.co.tz

    10 companies revolutionising blockchain technology in Africa

    The Africa Netpreneur Prize Initiative (ANPI) will officially call for applications starting from the 27th of March 2019.

    Jack Ma US$ 10 Million entrepreneurship prize kicks off

    Africa-5 - The Exchange www.exchange.co.tz

    Former African Envoys advocate for more economic engagements with Russia

    Minister of Foreign Affairs and International Relations of the Kingdom of Lesotho, Lesego Makgothi

    Russia wants to bolster economic ties with Lesotho

    Cytonn Real Estate, the development affiliate of Cytonn Investments, has commenced development of the Applewood project, an exclusive US$24.9 million residential gated community located in Karen, Nairobi.The 10-acre Applewood development is a great opportunity for home owners looking for a serene, luxurious and quality place to live with their families, while also delivering attractive returns to investors.

    Cytonn granted REITs manager license ahead of NSE launch

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    (L-R ) Control Risks CEO Richard Fenning ,Senior Partner East Africa Daniel Heal and Analyst Patricia Rodrigues address media during the press briefing at Capital Club Nairobi.

    US-China rivalry to shape Kenya, Africa’s foreign policy in 2019

    The Kenya Private Sector Alliance (KEPSA) has commended state corporations for inclusion of women on their boards. The private sector lobby group notes that more organizations in the country recognize the different views that women hold and the roles that they play in driving the economy forward.

    Kenya lauded for high number of women in state corporations

    SEACOM has appointed Mr. Tonny Tugee to be the company’s Managing Director of the Eastern North and East Africa region, in the latest managerial changes at the service provider.This is the first time SEACOM has appointed a Managing Director for the region. As a pan-African telecom enabler, SEACOM is banking on a strengthened local leadership team with deep market knowledge to drive the uptake of its connectivity and cloud services in Kenya and the East Africa region.

    Seacom appoints first East African Managing Director

    Seventeen companies listed on the Nairobi Securities Exchange need to improve on good corporate governance, a report by the Capital Markets Authority has revealed, even as it warns against breaching reporting standards. CMA says it is keen to ensure high compliance on corporate governance in Kenya.The CMA Corporate Governance Report of issuers of securities to the public in Kenya shows assessed 56 issuers of securities to the public in 2017-18.

    How NSE listed firms have failed on corporate governance

    With clients like Asoko Insights, Twiga Foods and Uber Eats, Shortlist has raised US $2 million from a group of investors to expand its growing demand of its HR services- The Exchange

    Kenya and India recruiter Shortlist in $2 Million capital injection

    Kenya has opened the ground for global environmental discussions ahead of the Fourth Session of United Nations Environmental Assembly set for later in March. The over 100 delegates, negotiators of the Sixth Global Environmental Outlook (GEO-6) report from United Nations Environment Assembly (UNEA) member states, are meeting in Nairobi this week to discuss environmental issues at the four-day conference whose theme is "Healthy Planets, Healthy People".

    Kenya sets stage for global environmental talks

    Participants at a previous KECOBO event. KECOBO has licensed 3 Kenyan CMOs to be collecting royalties for Kenyan musicians in 2019. www.exchange.co.tz

    Sweet tunes bring good fortunes to 3 Kenyan CMOs

    Kenya's e-commerce supermarket sells stake to Dutch investors- The Exchange

    Goodwell buys USD 2M stake in Kenya’s Copia

    ultra-high net worth individuals (UHNWI) - The Exchange www.exchange.co.tz

    East Africa’s wealthiest: What’s the secret?

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    Tanzania Shilling Stable as the year begins

    Safaricom shares stirred the Nairobi Securities Exchange (NSE) Friday’s trading, invigorating the market which closed the week on a high, with 97 million shares valued at Ksh2.2 billion transacted against Ksh1 billion on 44 million shares posted the previous week. All NSE indices closed the week in the green led by the NSE 20 share which picked up 10.55 points to stand at 2794.43.

    NSE opens year with low activities after 2018 bear run

    Safaricom shares stirred the Nairobi Securities Exchange (NSE) Friday’s trading, invigorating the market which closed the week on a high, with 97 million shares valued at Ksh2.2 billion transacted against Ksh1 billion on 44 million shares posted the previous week. All NSE indices closed the week in the green led by the NSE 20 share which picked up 10.55 points to stand at 2794.43.

    NSE dips as 2018 ends on a bear market territory

    Safaricom shares stirred the Nairobi Securities Exchange (NSE) Friday’s trading, invigorating the market which closed the week on a high, with 97 million shares valued at Ksh2.2 billion transacted against Ksh1 billion on 44 million shares posted the previous week. All NSE indices closed the week in the green led by the NSE 20 share which picked up 10.55 points to stand at 2794.43.

    NSE records low business as year ends

    Safaricom shares stirred the Nairobi Securities Exchange (NSE) Friday’s trading, invigorating the market which closed the week on a high, with 97 million shares valued at Ksh2.2 billion transacted against Ksh1 billion on 44 million shares posted the previous week. All NSE indices closed the week in the green led by the NSE 20 share which picked up 10.55 points to stand at 2794.43.

    NSE closes week Ksh400 million weaker on low trading

    Cryptocurrency - The Exchange

    The Tanzanian forex business under scrutiny

    Safaricom shares stirred the Nairobi Securities Exchange (NSE) Friday’s trading, invigorating the market which closed the week on a high, with 97 million shares valued at Ksh2.2 billion transacted against Ksh1 billion on 44 million shares posted the previous week. All NSE indices closed the week in the green led by the NSE 20 share which picked up 10.55 points to stand at 2794.43.

    NSE kicks-off week with low activities, traded shares close at Ksh7 million

    Bank of Kigali-The Exchange

    CMA approves the first Rwandese Company to be listed on Kenya’s Bourse

    Mkutano Investment Conference Kampala Serena Hotel Capital markets in Uganda Infrastructure development in Uganda

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    Maize prices decline in the region

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    Acacia Mining Managing Director for Tanzania, Asa Mwaipopo welcomes Prime Minister Kassim Majaliwa when the latter visited Buzwagi Gold Mine over the weekend

    Why Magufuli`s government might succeed in fixing mining sector

    Water- blogs.oracle.com- The Exchange

    Will Industrial Water Policy avert war in Kenya and Africa?

    ASUS General Manager, PC & Gamimg for East Europe, Middle East and Africa Mr. Benjamin Yeh,(left) and ASUS Regional Manager for Africa, Israel and Turkey Bora Aras (r) pose with models at the launch of the new laptop models ZenBook, VivoBook and TUF Gaming in Nairobi. The company is eying an expanded presence in Kenya and East Africa

    Electronics company, ASUS beefs Kenyan market, eyes East Africa

    Key among Inger Andersen first assignment will be to oversee the upcoming United Nations Environment Assembly (UNEA) in Nairobi dubbed the One Planet Summit.- The Exchange

    Ex-World Bank boss for North Africa appointed to head UNEP

    HSMs by Utimaco provide the ‘Root of Trust’ to a wide range of industries, encompassing financial and payment services, the automotive industry as well as cloud and IT services in the public sector

    How German Utimaco will provide quality financial services security in Africa

    An internet node. China’s internet and social media censorship are coming to Africa as dictatorship on the continent once again seems to be rearing its head again. www.exchange.co.tz

    China’s internet, social censorship comes to Africa

    (L-R) BAT IT Business Unit IT Manager Edgar Okioga, SEACOM Business Sales Lead Patrick Ndegwa and KAM CEO Phylis Wakiaga. They say ICT will help Kenya achieve its 2022 GDP growth ambition with cutting-edge digital tools playing a key role to advance manufacturing, job creation and economic development. [Photo/SEACOM]

    Why ICT will help Kenya achieve 2022 GDP growth

    Women are running Kenya's economy by controlling half the 1.3 million MSMEs in the East African investment hub. AfDB has been partnering with Entreprenarium to educate women on entrepreneurship, business development and financial management. www.exchange.co.tz

    Kenya: Women own half the 1.3 million MSMEs

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    Maize prices decline in the region

    Why Tanzanians preferred Kenyan maize in the last quarter of 2018

    Women are running Kenya's economy by controlling half the 1.3 million MSMEs in the East African investment hub. AfDB has been partnering with Entreprenarium to educate women on entrepreneurship, business development and financial management. www.exchange.co.tz

    Kenya: Women own half the 1.3 million MSMEs

    Healthcare in Ethiopia - The Exchange www.exchange.co.tz

    United States invest $40 million in Ethiopia’s health sector

    Innova to open a US$40 Million plant in Kenya to build green affordable homes- The Exchange

    Kenya’s private Mwale Medical and Technology City gets US$40 million American support

    Sesame - The Exchange www.exchange.co.tz

    Israel, Ethiopia inaugurate new sesame processing factory

    Investing and implementing infrastructure projects in East Africa is set for a paradigm shift as government officials, private sector and expert meet in Nairobi for the first East Africa infrastructure project financing conference. The two day conference will address infrastructure development and financing.

    Boost for E.A projects as experts meet for inaugural infrastructure forum

    Sunflower (Harris Seeds)- The Exchange

    The untapped edible oil sector in Tanzania

    China is dominating the global creative goods and services trade beating the US and Japan and European countries like France and the UK. www.exchange.co.tz

    How is Africa suffering from US-China trade wars?

    Ethiopian Airlines - The Exchange www.exchange.co.tz

    Ethiopian Airlines, Air Zimbabwe seal lucrative partnership deal

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    SMEs in Kenya given a boost

    African SMEs set to gain from AMI $ 2.8M investment fund

    An internet node. China’s internet and social media censorship are coming to Africa as dictatorship on the continent once again seems to be rearing its head again. www.exchange.co.tz

    China’s internet, social censorship comes to Africa

    Cytonn Real Estate, the development affiliate of Cytonn Investments, has commenced development of the Applewood project, an exclusive US$24.9 million residential gated community located in Karen, Nairobi.The 10-acre Applewood development is a great opportunity for home owners looking for a serene, luxurious and quality place to live with their families, while also delivering attractive returns to investors.

    Cytonn unveils new US$24.9 million high-end real estate project in Nairobi

    President Emanuel Macron will be visiting Kenya in March in a visit that will see the two countries sign bilateral agreements. As the governments meet, the private sector has already made significant entry into the country

    Kenya already a French zone even as President Macron visits

    The locations and countries where the blockchain technology is being used in Africa. The global blockchain market value is estimated to surpass the USD 60.7 billion mark by 2024 and African tech companies are not being left behind in the revolution. www.exchange.co.tz

    10 companies revolutionising blockchain technology in Africa

    The Africa Netpreneur Prize Initiative (ANPI) will officially call for applications starting from the 27th of March 2019.

    Jack Ma US$ 10 Million entrepreneurship prize kicks off

    Africa-5 - The Exchange www.exchange.co.tz

    Former African Envoys advocate for more economic engagements with Russia

    Minister of Foreign Affairs and International Relations of the Kingdom of Lesotho, Lesego Makgothi

    Russia wants to bolster economic ties with Lesotho

    Cytonn Real Estate, the development affiliate of Cytonn Investments, has commenced development of the Applewood project, an exclusive US$24.9 million residential gated community located in Karen, Nairobi.The 10-acre Applewood development is a great opportunity for home owners looking for a serene, luxurious and quality place to live with their families, while also delivering attractive returns to investors.

    Cytonn granted REITs manager license ahead of NSE launch

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    (L-R ) Control Risks CEO Richard Fenning ,Senior Partner East Africa Daniel Heal and Analyst Patricia Rodrigues address media during the press briefing at Capital Club Nairobi.

    US-China rivalry to shape Kenya, Africa’s foreign policy in 2019

    The Kenya Private Sector Alliance (KEPSA) has commended state corporations for inclusion of women on their boards. The private sector lobby group notes that more organizations in the country recognize the different views that women hold and the roles that they play in driving the economy forward.

    Kenya lauded for high number of women in state corporations

    SEACOM has appointed Mr. Tonny Tugee to be the company’s Managing Director of the Eastern North and East Africa region, in the latest managerial changes at the service provider.This is the first time SEACOM has appointed a Managing Director for the region. As a pan-African telecom enabler, SEACOM is banking on a strengthened local leadership team with deep market knowledge to drive the uptake of its connectivity and cloud services in Kenya and the East Africa region.

    Seacom appoints first East African Managing Director

    Seventeen companies listed on the Nairobi Securities Exchange need to improve on good corporate governance, a report by the Capital Markets Authority has revealed, even as it warns against breaching reporting standards. CMA says it is keen to ensure high compliance on corporate governance in Kenya.The CMA Corporate Governance Report of issuers of securities to the public in Kenya shows assessed 56 issuers of securities to the public in 2017-18.

    How NSE listed firms have failed on corporate governance

    With clients like Asoko Insights, Twiga Foods and Uber Eats, Shortlist has raised US $2 million from a group of investors to expand its growing demand of its HR services- The Exchange

    Kenya and India recruiter Shortlist in $2 Million capital injection

    Kenya has opened the ground for global environmental discussions ahead of the Fourth Session of United Nations Environmental Assembly set for later in March. The over 100 delegates, negotiators of the Sixth Global Environmental Outlook (GEO-6) report from United Nations Environment Assembly (UNEA) member states, are meeting in Nairobi this week to discuss environmental issues at the four-day conference whose theme is "Healthy Planets, Healthy People".

    Kenya sets stage for global environmental talks

    Participants at a previous KECOBO event. KECOBO has licensed 3 Kenyan CMOs to be collecting royalties for Kenyan musicians in 2019. www.exchange.co.tz

    Sweet tunes bring good fortunes to 3 Kenyan CMOs

    Kenya's e-commerce supermarket sells stake to Dutch investors- The Exchange

    Goodwell buys USD 2M stake in Kenya’s Copia

    ultra-high net worth individuals (UHNWI) - The Exchange www.exchange.co.tz

    East Africa’s wealthiest: What’s the secret?

  • Stock Markets
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    • DSE
    • NSE
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    • USE
    Tanzanian money (World Atlas)- The Exchange

    Tanzania Shilling Stable as the year begins

    Safaricom shares stirred the Nairobi Securities Exchange (NSE) Friday’s trading, invigorating the market which closed the week on a high, with 97 million shares valued at Ksh2.2 billion transacted against Ksh1 billion on 44 million shares posted the previous week. All NSE indices closed the week in the green led by the NSE 20 share which picked up 10.55 points to stand at 2794.43.

    NSE opens year with low activities after 2018 bear run

    Safaricom shares stirred the Nairobi Securities Exchange (NSE) Friday’s trading, invigorating the market which closed the week on a high, with 97 million shares valued at Ksh2.2 billion transacted against Ksh1 billion on 44 million shares posted the previous week. All NSE indices closed the week in the green led by the NSE 20 share which picked up 10.55 points to stand at 2794.43.

    NSE dips as 2018 ends on a bear market territory

    Safaricom shares stirred the Nairobi Securities Exchange (NSE) Friday’s trading, invigorating the market which closed the week on a high, with 97 million shares valued at Ksh2.2 billion transacted against Ksh1 billion on 44 million shares posted the previous week. All NSE indices closed the week in the green led by the NSE 20 share which picked up 10.55 points to stand at 2794.43.

    NSE records low business as year ends

    Safaricom shares stirred the Nairobi Securities Exchange (NSE) Friday’s trading, invigorating the market which closed the week on a high, with 97 million shares valued at Ksh2.2 billion transacted against Ksh1 billion on 44 million shares posted the previous week. All NSE indices closed the week in the green led by the NSE 20 share which picked up 10.55 points to stand at 2794.43.

    NSE closes week Ksh400 million weaker on low trading

    Cryptocurrency - The Exchange

    The Tanzanian forex business under scrutiny

    Safaricom shares stirred the Nairobi Securities Exchange (NSE) Friday’s trading, invigorating the market which closed the week on a high, with 97 million shares valued at Ksh2.2 billion transacted against Ksh1 billion on 44 million shares posted the previous week. All NSE indices closed the week in the green led by the NSE 20 share which picked up 10.55 points to stand at 2794.43.

    NSE kicks-off week with low activities, traded shares close at Ksh7 million

    Bank of Kigali-The Exchange

    CMA approves the first Rwandese Company to be listed on Kenya’s Bourse

    Mkutano Investment Conference Kampala Serena Hotel Capital markets in Uganda Infrastructure development in Uganda

    Nairobi gears for FOREX trading conference

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    Maize prices decline in the region

    Adverse weather conditions lead to millions of losses in Tanzania

    Acacia Mining Managing Director for Tanzania, Asa Mwaipopo welcomes Prime Minister Kassim Majaliwa when the latter visited Buzwagi Gold Mine over the weekend

    Why Magufuli`s government might succeed in fixing mining sector

    Water- blogs.oracle.com- The Exchange

    Will Industrial Water Policy avert war in Kenya and Africa?

    ASUS General Manager, PC & Gamimg for East Europe, Middle East and Africa Mr. Benjamin Yeh,(left) and ASUS Regional Manager for Africa, Israel and Turkey Bora Aras (r) pose with models at the launch of the new laptop models ZenBook, VivoBook and TUF Gaming in Nairobi. The company is eying an expanded presence in Kenya and East Africa

    Electronics company, ASUS beefs Kenyan market, eyes East Africa

    Key among Inger Andersen first assignment will be to oversee the upcoming United Nations Environment Assembly (UNEA) in Nairobi dubbed the One Planet Summit.- The Exchange

    Ex-World Bank boss for North Africa appointed to head UNEP

    HSMs by Utimaco provide the ‘Root of Trust’ to a wide range of industries, encompassing financial and payment services, the automotive industry as well as cloud and IT services in the public sector

    How German Utimaco will provide quality financial services security in Africa

    An internet node. China’s internet and social media censorship are coming to Africa as dictatorship on the continent once again seems to be rearing its head again. www.exchange.co.tz

    China’s internet, social censorship comes to Africa

    (L-R) BAT IT Business Unit IT Manager Edgar Okioga, SEACOM Business Sales Lead Patrick Ndegwa and KAM CEO Phylis Wakiaga. They say ICT will help Kenya achieve its 2022 GDP growth ambition with cutting-edge digital tools playing a key role to advance manufacturing, job creation and economic development. [Photo/SEACOM]

    Why ICT will help Kenya achieve 2022 GDP growth

    Women are running Kenya's economy by controlling half the 1.3 million MSMEs in the East African investment hub. AfDB has been partnering with Entreprenarium to educate women on entrepreneurship, business development and financial management. www.exchange.co.tz

    Kenya: Women own half the 1.3 million MSMEs

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Russia Shows Interest in Sierra Leone’s Economy

Kester Kenn Klomegah by Kester Kenn Klomegah
February 1, 2019
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Russia invests in Africa - The Exchange www.exchange.co.tz

President Putin

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Sierra Leone, after the civil war, has been looking for foreign investors to assist overcome the challenges by leveraging on resources to resuscitate the economy, develop its infrastructure and invest in its agricultural and mining sectors. 

Sierra Leone is cash-strapped and currently looking for external credit lines to fix its long-term planned development projects, and the new government has also made it priority  to fulfil its election campaign pledges and promises made to the electorate.

With these in mind, Minister of Foreign Affairs and International Cooperation of the Republic of Sierra Leone, Alie Kabba, went on a late January working visit to Moscow.

Foreign Minister Sergey Lavrov held talks with him, they agreed on invigorating political, trade and economic, cultural and humanitarian cooperation between Russia and Sierra Leone.

Lavrov and Kabba reviewed prospects for expanding bilateral business contacts as well as implementing new joint projects in the mining industry, fisheries and the fuel and energy sector.

Under the new leadership of the Sierra Leone People’s Party, President Julius Maada Bio, it was necessary for continuity in bilateral cooperation, noted Lavrov, while stressing to take additional steps to implement promising projects in such areas as mining, energy, and fisheries.

The Russian Foreign Minister proposed that the research center for epidemiology and prevention of infectious diseases, which has been operating in Guinea with Russia’s assistance since 2017, could extend its programs to the neighboring countries, including Sierra Leone.

An important aspect of cooperation is healthcare. For instance, Moscow finances the fight against Ebola in West African countries by allocating over US$60 million.

With cooperation in fisheries, there are opportunities for assistance in organizing the educational process and raising the level of skills of local specialists in the special institute in Freetown.

He said that the sides agreed to continue cooperation in the preparing personnel for Sierra Leone in higher educational institutions in Russia. Already, more than 2,000 Sierra Leonean citizens graduated from higher educational institutions in Russia.

Both Ministers talked at length about the situation in Africa, and exchange opinions on pressing regional and international issues.

Lavrov underlined that “Russia believes the world community should be guided by the African problems – African solutions approach to any crises in Africa.” In reality, it therefore means that African leaders have to determine the national priorities and strategies, destiny and fate of their own development for their respective African countries.

Experts, however, reiterated that the people of Sierra Leone have voted for a change. They suggested that the new government under the leadership of President Julius Maada Bio has to use its foreign policy to initiate and focus on improving the economic sectors especially infrastructure, modernizing agriculture and industrialization to create employment for the youth, the best way addressing sustainable development goals (SDGs).

Sierra Leone has relied on mining, especially diamonds, for its economic base. It is among the largest producers of titanium and bauxite, is a major producer gold, and has one of the world’s largest deposits of rutile. Despite this natural wealth, 58% of its population lived in poverty in 2015. Sierra Leone is a member of the Economic Community of West African States (ECOWAS).

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The Exchange is a financial journal published by Mediapix Limited, a public relations, news and communications organization with its African headquarters in Tanzania and sister operations in Canada, the United States and The United Arab Emirates. The company‘s founders have been instrumental in the media and communication industry in East Africa and have been operational in the region.

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Maize prices decline in the region

Adverse weather conditions lead to millions of losses in Tanzania

February 22, 2019
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