[IMF to support Zanzibar's blue economy]The Zanzibar Ministry of Blue Economy stated that the Zanzibar government will continue to vigorously develop the blue economy, and the International Monetary Fund has approved US$567 million for Tanzania through the Post-COVID-19 Recovery Fund, of which about US$100 million will flow to Zanzibar , including about $16 million to be spent on blue economy sectors such as small-scale fisheries, sea cucumber and seaweed farming, and mud crab fattening. At the same time, relevant departments of Zanzibar will carry out in-depth research on the blue economy value chain, protect biodiversity to support Zanzibar's development of the blue economy. Editor/Xing Wentao
The Saudi Ports Authority Mawani has opened up investment in the development and operation of the Jeddah Humla Integrated Logistics Zone, which covers an area of 2.4 million square meters and is adjacent to Jeddah Islamic Port, radiating to the European, African, and Middle Eastern markets. This investment promotion aims to supplement the supporting facilities in the port area. Investors can submit their intentions online, but the details of the land parcel have not been announced yet. Editor/Min Jing
Zakubov, Chairman of Kazakhstan's Samrukh Kazenana Sovereign Wealth Fund, and Zhou Huaixin, General Manager of CNPC, held talks in Astana to promote oil and gas projects such as Kashagan and Mangistau in the northern Caspian Sea. Kashagan exceeded its target of producing 12.8 million tons of oil in the first nine months of the year and will expand cooperation to renewable energy. They plan to implement a joint technology implementation plan from 2027 to 2030. Editor/Min Jing