IMF to support Zanzibar's blue economy--Seetao

[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

Click to see more live >>

Latest

2026.08.25 10:58
[Guangde Mountain North Tea Photovoltaic Complementary Project Starts Construction]
On August 18, 2026, the China National Nuclear Corporation's Huineng Guangdeshan North 180 MW photovoltaic power generation project, undertaken by China Water Resources and Hydropower Tenth Engineering Bureau, officially began construction. The project is located in Shanbei Village, Qiucun Town, Guangde, Anhui Province. It belongs to the tea light complementary type, with an AC side installed capacity of 150 megawatts and a supporting 220 kV booster station and transmission line connected to the Xuancheng power grid. The project has a running period of 25 years and an average annual equivalent utilization hours of about 1057 hours, which will achieve synergistic benefits between tea plantation planting and photovoltaic power generation. Editor/Cheng Liting

2026.08.25 10:57
[Nanyang shared energy storage power station starts operation]
On August 19, 2026, the first section of the 100MW/400MWh shared energy storage power station project in Wancheng District, Nanyang, constructed by China Chemical Engineering Southwest Company, completed its foundation laying and entered the substantive construction stage. The project adopts a lithium iron phosphate battery route, equipped with a 220kV boosting station, and has peak shaving and frequency regulation functions. After completion, it will optimize the regional energy structure and ensure stable power supply to the grid. The project team will coordinate the entire construction process and make every effort to create a regional shared energy storage demonstration project. Editor/Cheng Liting