TICGL

| Economic Consulting Group

TICGL | Economic Consulting Group
Trump’s Tariff Shockwaves Global Trade, Africa, and Tanzania Face New Economic Pressures
Introduction In 2025,U.S. President Donald Trump’s proposed tariff hikes—including a staggering increase from 34% to 145% on Chinese imports and a flat 10% tariff on key trade partners such as...
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Regional Payment Transactions Trends and Growth (2020–2024)
Tanzania's participation in regional payment systems has shown dynamic growth, with EAPS transactions reaching TZS 614.2 billion in 2024, a 56% increase from 2023. Meanwhile, SADC RTGS transactions nearly doubled...
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Per capita GDP growth in Tanzania and other LICs in 2024
Tanzania, as a key player among East African low-income countries, faces significant hurdles in achieving middle-income status. While progress in areas like agriculture and infrastructure development has been modest, the...
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Unlocking Africa's Mining Wealth
A Pathway to Sustainable Growth Africa holds a treasure trove of mineral wealth, producing 80% of the world’s platinum, 67% of its cobalt, and leading in gold, diamonds, and bauxite....
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Tanzania’s Bank Lending Rate Trends September ‘24
In September 2024, Tanzania's bank lending rate rose slightly to 12.92% from 12.79% in August, reflecting cautious adjustments in monetary policy. This rate, slightly below the long-term average of 13.09%,...
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Top 10 Africa Investment Destinations in Q3 2024
In Q3 2024, Africa’s private market saw 73 deals with a total disclosed value of $2.27 billion. The top 10 countries accounted for a significant portion of these transactions, led...
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Tanzania as a Leading Partner in IDA Financing for Development
Tanzania stands out as a top recipient and frequent beneficiary of the International Development Association (IDA), leveraging concessional financing to support its development goals. With over US$16.7 billion accessed through...
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Sub-Saharan Africa’s 2024 Economic Outlook 
Balancing Growth Amid Persistent Challenges The October 2024 IMF report on Sub-Saharan Africa’s economic outlook reveals a steady yet cautious path forward, with growth projected at 3.6% in 2024 and...
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Tanzania Economic Updates in October’24
In October 2024, Tanzania’s economy showcased resilience and stability, with a GDP growth rate of 5.3% for Q2, fueled by trade (19.8%), financial services (11.4%), and transport (8.6%). Inflation on...
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Strengthening Tanzania’s Global Influence
A Strategic Roadmap for International Representation and Diplomatic Excellence TICGL’s Economic Research Centre has published a comprehensive policy analysis authored by Dr. Bravious Felix Kahyoza PhD, FMVA, CP3P (braviouskahyoza5@gmail.com), which...
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