[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
Zanzibar, Tanzania has launched two major projects, the International Convention and Exhibition Center and the "City of the African Cup", with a total investment of over 700 billion shillings. The selection of the exhibition center in the Fumba area aims to create a regional trade hub; The "City of the African Cup" is accelerating its construction in preparation for the 2027 African Cup and supporting the dual wheel drive of sports and tourism.Editor/Gao Xue
The approval of the Three Seas Wind Power Project on Sanshan Island in Yangjiang has been postponed until May 2027. The total investment of the project is 5.444 billion yuan, with an installed capacity of 500MW. It is located in the southern sea area of Hailing Island and is currently in the pre construction preparation stage.Editor/Gao Xue