Currency depreciation presents significant macroeconomic challenges for African countries by driving up import expenditures, exacerbating inflationary pressures, and elevating the capital requirements for enterprises seeking foreign exchange. Currency depreciation is creating major macroeconomic challenges in African countries by increasing the cost of imports and intensifying inflation. Uganda and Ghana are recent examples where weaker currencies…

Tanzania will introduce mandatory travel insurance for foreign visitors from October 1, 2026, adding a new entry requirement for travellers visiting East Africa’s second-largest economy. Visitors must purchase inbound travel insurance costing $44, valid for up to 92 days. Tanzania will mandate travel insurance for all foreign visitors starting October 1, 2026. Insurance for mainland…