On November 17, 2024, a devastating building collapse in Tanzania’s commercial capital, Dar es Salaam, claimed the lives of at least 13 people and injured many others. The incident occurred in the Kariakoo market area when a four-story building unexpectedly came down around 9 a.m. local time. Rescue Efforts and Immediate Response Emergency responders and local residents rushed to the scene, working tirelessly to rescue those trapped under the rubble. Tanzanian President Samia Suluhu Hassan confirmed that over 80 individuals were pulled from the wreckage and transported to nearby hospitals for treatment. Of those rescued, 26 remain hospitalized, receiving critical care. The president expressed her condolences to the families affected and pledged government support for medical expenses and burial arrangements for the victims. This gesture underscores the government's commitment to providing relief during this difficult time. The Cause of the Collapse While investigations are ongoin
In a landmark move towards bolstering economic ties between the UAE and Kenya, ADQ, a state-controlled fund from the UAE, has announced a substantial investment commitment of $500 million in Kenya's priority sectors. This strategic partnership, forged through a finance and investment framework with Kenya's National Treasury and Economic Planning Ministry, marks a significant milestone in the economic cooperation between the two nations. Fostering Growth and Development The agreement aims to explore and leverage investment opportunities in Kenya to promote the growth and development of its national economy. With Kenya's economy being the largest in the East Africa region and projected to achieve growth between 5 and 6% in 2024, the infusion of investment from ADQ is poised to accelerate this growth trajectory. Mohamed Hassan Alsuwaidi, Managing Director and CEO of ADQ, expressed confidence in the investment's potential to unlock tangible value and contribute to the econo