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World Bank Launches $424M Program to Expand Clean Energy Access in Ethiopia.

The World Bank has approved the $424 million Accelerating Sustainable and Clean Energy Access Transformation (ASCENT) in Ethiopia Program-for-Results to provide clean and reliable electricity to nearly six million people, supported by a $400 million IDA credit and a $24 million grant from Denmark.

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Ethiopian Airlines and AfDB Seal $5 Billion Deal for Africa’s Largest Airport Project

Ethiopian Airlines Group and the African Development Bank have signed a mandate letter appointing the Bank as Initial Mandated Lead Arranger for the financing of Africa’s largest aviation infrastructure project as a new USD 5 billion mega airport in Bishoftu, Ethiopia.

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Tanzania’s Real Estate Sector Poised for Stronger Growth Through 2030.

After press release in Dar es Salaam, Tanzania’s property market is set for steady expansion through the decade, supported by pro-investment reforms and big-ticket infrastructure. Foreign direct investment jumped to US$6.56bn in 2024 (from US$1.3–1.6bn in 2023), while new policies (TISEZA Act 2025; National Land Policy 2023) are improving market access and approvals.

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Tanzania Signs 158.3bn/- Strategic Deals to Boost Hunting Tourism

After press release in Dar es Salaam, The Ministry for Natural Resources and Tourism signed four investment agreements under the Strategic Wildlife Investment Concession Agreement (SWICA) framework, valued at 158.3bn/-, allowing investors to run both photographic tourism and tourist hunting within the same concession areas.

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Five New SEZs Set to Position Tanzania as Industrial Hub

After a press release in Dar es Salaam, The government has launched five Special Economic Zones (SEZs), Buzwagi (1,333 ha), Bagamoyo Eco Maritime City (151 ha), Kwala (40.5 ha), Nala (607 ha) and an expanded Benjamin W. Mkapa SEZ in Dar es Salaam (13,000 m²) aimed at boosting value-added manufacturing, jobs and GDP growth.

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Kenya to Host Inaugural Software Summit in October

The Ministry of Information, Communications and the Digital Economy, in partnership with other tech stakeholders, is set to host the first-ever Software Summit on 7th - 9th October this year at the University of Eldoret.

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Kenya Reaffirms Commitment in the Implementation of WTO Trade Facilitation Agreement

Kenya remains committed in the full implementation of the World Trade Organization Trade Facilitation Agreement (TFA). Principal Secretary for Trade Regina Ombam said the agreement represents a major milestone in global efforts to simplifying, modernizing and harmonising trade processes.

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AHK Eastern Africa Notice Board - No. 23 2025

Stay informed with the AHK Eastern Africa Notice Board – your go-to resource for the latest developments shaping the business landscape in Eastern Africa. Here, we bring you timely updates on key economic trends, regulatory changes, major business investments, and trade and industry insights. Discover government policies impacting businesses, significant partnerships between German and Eastern African companies, as well as notable events in the region. Our notice board also highlights infrastructure projects, emerging market opportunities, and sector-specific developments relevant to our growing network. Whether you are looking for new business prospects or staying ahead in a dynamic market, the AHK Eastern Africa Notice Board keeps you connected and informed.

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The Rivatex East Africa Limited will be privatized to ensure uptake of cotton from farmers.

On Wednesday, 6th August 2025, President William Ruto said that the private sector offtaker, to be onboarded on Friday, will also provide seeds and other farmers' support to ensure the "huge capacity" industry operates optimally.