AGP Executive Report
Last update: 4 hours agoLake Economy: Tanzania says fish stocks in its portion of Lake Tanganyika fell 58% from 2022 to 2025, prompting plans to invest in aquaculture, commercial fishing and conservation. The decline threatens livelihoods across a lake shared with Burundi. Trade Routes: Egypt and Tanzania are planning a multipurpose terminal at Dar es Salaam Port, a gateway for Burundi and five other landlocked countries. Hapag-Lloyd is also weighing an East African expansion via Mombasa, intensifying competition for regional cargo. Business Travel: A report says Burundi’s Schengen visa rejection rate was 54% in 2024, part of a wider problem that costs African businesses an estimated €15 million a year in fees for trips that do not happen. Economic Snapshot: IMF figures put Burundi’s GDP at $7.61 billion, the lowest in the EAC; average monthly take-home pay was also near the bottom of the regional ranking, at $75.
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