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30-10-2014 23:52:00 | by: Administrator | hits: 27702695 | Tags:

[East Africa Business Week] Bob Koigi: What 2022 portends for East Africa
14-01-2022 | 14:50:03
As the East African Community, EAC, member states eye innovative ways of deepening integration and trading more with each other, the bloc and individual countries are putting in place mechanisms, policies and legislation that seek to address longstanding hiccups that have put the brakes on seamless regional trade.
Grosso Foods B.V. rebrands to Grosso.Africa, reveals expansion plans
12-01-2022 | 10:10:00
Agricultural investment and advisory partner, Grosso Foods B.V., has transitioned into Grosso. Africa, a Tanzania based distributor with a hands-on focus on distribution of conservation agriculture equipment and smart farming solutions.
Xcelerate acquires controlling interest in Tanzania virtual health startup AfiyaSasa Africa
04-01-2022 | 13:00:00
Xcelerate, Inc. has signed a Membership Interest Purchase Agreement to acquire a 51% interest in AfiyaSasa Africa, LLC, ASA, a start-up medical technology and virtual health company.
Aviation sees better performance this year than in 2020 - Air Tanzania MD
30-12-2021 | 12:07:52
The year 2021 was more presentable to the aviation industry compared to the preceding one - thus reviving hopes for a speedier recovery.
Turkish builder signs $1.9b railway construction deal with Tanzania
29-12-2021 | 11:33:56
Turkish construction giant, Yapi Merkezi, has signed a $1.9billion contract with Tanzania to build the 368 km third phase of a planned railway.
[Tanzania] World Bank approves $150m to aid land systems
28-12-2021 | 11:04:00
The World Bank has approved $150 million in financing to strengthen Tanzania’s land administration system and increase tenure security for at least two million land holders, users and their families.
[East Africa Business Week] Bob Koigi: Bridging digital divide, bolstering regional connectivity
23-12-2021 | 13:37:00
As the internet increasingly redefines human relations and penetration takes shape across Africa, the East African region is tapping into the numerous benefits that comes with connectivity.
Norway commits $5m to increase incomes, build resilience of small aquaculture farmers in Kenya, Mozambique and Tanzania
22-12-2021 | 13:55:00
The Norwegian Agency of Development Cooperation (NORAD) has committed $5 million to increase the incomes and build the resilience of small aquaculture farmers in Kenya, Mozambique and Tanzania.
World Mobile partners with Zanzibar’s Ministry of Education and Vocational Training to boost connectivity
17-12-2021 | 14:35:45
Roll out will be achieved through a close collaboration between World Mobile and the Ministry of Education and Vocational Training to install solar, telco and power equipment efficiently in schools. 
[East Africa Business Week] Bob Koigi: East Africa positions itself as investment destination of choice
17-12-2021 | 14:24:00
The East African community continues to live up to its billing as a prime investment destination for investors.
African Development Bank appoints Patricia Laverley as Country Manager for Tanzania
15-12-2021 | 10:11:00
The African Development Bank announced the appointment of Patricia N. Laverley as Country Manager, designated for the Tanzania Country Office.
KCB Group terminates acquisition bid for Tanzania’s BancABC
09-12-2021 | 11:59:00
KCB Group announced it has ended its acquisition bid for African Banking Corporation Tanzania Limited (BancABC), following failure to receive certain regulatory approvals within the prescribed timeframe specified in the Agreement.
Adanian Labs opens January 2022 cohort applications for its Venture Building Program
09-12-2021 | 10:21:00
The program invites applications from tech entrepreneurs for the 2022 cohort of exceptional startups to join Adanian Labs in Kenya, Tanzania, Zambia, Nigeria and South Africa.
First phase of 3D seismic project commences on Ruvuma PSA in Tanzania
03-12-2021 | 08:33:46
Africa-focused oil and gas company Aminex announced that the first phase of the 3D seismic project has commenced on the Ruvuma PSA in Tanzania.
[Column] Vianey Rweyendela: Unlocking Tanzania farmers' potential to mitigate against climate change
02-12-2021 | 08:09:45
Tanzania’s people are its greatest asset, followed by its natural resources, which need conservation and protection from climate change hazards.
[Tanzania] Tech Mahindra partners with TANESCO to drive digital transformation and improve efficiency
02-12-2021 | 08:03:13
Tech Mahindra, a provider of digital transformation, consulting and business re-engineering services & solutions, has partnered with Tanzania Electric Supply Company Ltd. (TANESCO) for one of the biggest Utility Transformation deals.
UNICEF and Liquid Intelligent Technologies launch partnership to help Giga bridge the digital divide in Africa
01-12-2021 | 11:00:00
UNICEF and Liquid Intelligent Technologies, a business of Cassava Technologies, a pan-African technology group, announced a partnership in support of Giga’s work to connect every school to the Internet and every young person to information, opportunity, and choice.
Tanzania’s GDP poised to top 8 per cent in five years
30-11-2021 | 13:06:50
The Tanzania economy is poised to grow steadily to reach 8,0 percent in five years, which hinges on increased positive utilisation of resources and growth in productivity.
Zanzibar is the latest investment destination for Kenyan investors
30-11-2021 | 12:30:00
According to German real estate firm CPS, Kenyan investors form 30 per cent of all investors betting on the island nation.
Air and travel services provider dnata announces investment in Zanzibar aviation industry
26-11-2021 | 07:50:21
dnata will provide its globally renowned, quality ground and passenger handling services to airline customers at ZNZ, ensuring safe and timely operations of flights and an excellent travel experience for passengers. dnata expects to handle over 4,000 flights annually at the airport.
Spotify launches its self-serve ad platform in Nigeria, Kenya, Tanzania, and Uganda
25-11-2021 | 05:15:00
Spotify’s self-serve ad platform, Ad Studio, launched this week in Nigeria, Ghana, Kenya, Tanzania and Uganda, making this innovative advertising medium available to even more artists around the globe.
[Tanzania] Tech Mahindra partners with TANESCO to drive digital transformation, improve efficiency
24-11-2021 | 10:49:00
Tech Mahindra, a provider of digital transformation, consulting and business re-engineering services & solutions, has partnered with TANESCO to enable digital transformation to support future ready applications.
Liquid Intelligent Technologies appoints Denny Marandure as new CEO for Raha Limited, Tanzania
22-11-2021 | 11:05:00
Liquid Intelligent Technologies, a business of Cassava Technologies, announced the appointment of Mr. Denny Marandure to the position of Chief Executive Officer for Raha Limited, Tanzania.
Liquid Intelligent Technologies launches OneVoice for Cloud PBX in six African markets
11-11-2021 | 14:00:00
Liquid Intelligent Technologies launched OneVoice for Cloud PBX offering in six key African markets. This is part of the organisation’s investment as it partners with its customers in their digital transformation journeys.
Spotify appoints Irvine Partners as the PR agency for Sub-Saharan Africa
01-11-2021 | 15:20:00
Irvine Partners, a multi-national public relations and integrated marketing agency, has been awarded the Spotify communications account in Sub-Saharan Africa.
Tanzanian consultancy firm Tanz PR joins PRCA as international member
26-10-2021 | 14:11:58
The Public Relations and Communications Association (PRCA) has welcomed Tanzanian consultancy Tanz PR as an International Member.
[South Africa] UN gives the nod to African alternative energy solution for mobile networks
18-10-2021 | 08:50:21
The United Nations Industrial Development Organization (UNIDO) has recognised South African NEC XON’s alternative energy Hybrid Storage Solution (HSS) as an innovative technology for promoting sustained, inclusive and sustainable economic growth.
Aminex announces award of Ntorya seismic acquisition contract in Tanzania
24-09-2021 | 15:49:46
Africa-focused oil and gas company Aminex announced that the Ruvuma joint venture has awarded the seismic acquisition contract to Africa Geophysical Services (AGS).
African Development Fund approves $116m loan to upgrade southern road corridor in Tanzania
24-09-2021 | 08:28:00
The African Development Fund approved a loan of around $116 million to the Tanzanian government to upgrade a 160-km Mnivata-Newala-Masasi road corridor in the southern part of the country.
Christopher Makyao appointed Managing Director, Dimension Data Tanzania
16-09-2021 | 11:27:00
IT solutions and technology provider Dimension Data has appointed Christopher Makyao as the Managing Director for its Tanzania business.
Chevron partners with Tristar Group to strengthen production and distribution of Caltex lubricants in East Africa
16-09-2021 | 08:38:44
With the signing of this agreement, Chevron has strengthened its already growing presence in East Africa and entrusted its operations to AML as a licensee.
Tanzania increases stake in Shelter Afrique, pays $2.7m additional capital
14-09-2021 | 09:40:00
The pan-African housing development financier Shelter Afrique disclosed that the Government of Tanzania has increased its stake in the company after paying $2.7 million in additional capital.
MPESA Africa reaches 50 million monthly active customers
08-09-2021 | 09:14:08
Launched more than 14 years ago in Kenya, M-Pesa is today available in Kenya, Tanzania, Mozambique, DRC, Lesotho, Ghana and Egypt.
Tanzanian government introduces cage fish farming in Kagera Region
07-09-2021 | 10:48:37
The Tanzanian government has finalised plans to introduce cage fish farming in Kagera region in efforts to increase revenue from fisheries resources.
Tanzania government cuts mobile money transaction charges by 30 per cent
02-09-2021 | 10:23:03
Following concerns and views from the public, claiming that the deductions were too high, President Samia Suluhu Hassan directed two Ministers (Finance and Planning Minister and Minister for Communications and Information Technology) to sit down and work on the matter.
Tanzania government allocates $19 million for innovation hubs
01-09-2021 | 06:05:00
The Government of Tanzania has reiterated its commitment to giving more attention to technology and innovations through the Higher Education for Economic Transformation (HEET), with allocation of 43 billion, approximately $19 million, for setting up new incubators and hubs. 
The Research Hub by african|markets goes live
20-08-2021 | 11:36:23
The african|markets team is proud to announce the launch of the public version of the Research, an Africa-focused research distribution platform that connects investors to some of the best equity analysts covering Africa’s frontier markets.
Tanzanian farmers benefit from rapid agricultural mechanization with support from the African Development Fund
20-08-2021 | 09:37:00
Farmers in Tanzania have benefited from rapid transformation with financial support from the African Development Fund to a national agricultural bank program.
Global Fund, Tanzania deepen partnership to fight COVID-19, accelerate end of HIV, TB and Malaria
20-08-2021 | 08:22:00
The Global Fund and the Government of Tanzania are deepening their partnership with new investments to fight the COVID-19 crisis and accelerate the end of the epidemics of HIV, TB and malaria while building resilient and sustainable systems for health.
ECA to empower young Africa girls through technology
19-08-2021 | 09:36:00
With the support of Economic Commission for Africa (ECA), African girl coders are taking the lead in ensuring gender equity and balance in technology on the continent, a field majorly dominated by their male counterparts.
Aminex JV receives Ruvuma PSA extension in Tanzania
19-08-2021 | 08:18:00
Aminex announced that the Ruvuma joint venture has received an extension to its licence under the Ruvuma PSA from the Ministry of Energy of Tanzania.
New e-verification platform poised to revolutionize farm input certification in Tanzania
12-08-2021 | 08:59:54
eHakiki does this by using technology to reimagine agriculture in Tanzania. eHakiki is providing accessible, scalable solutions for smallholder farmers.
[Column] John Syekei: East Africa data infrastructure ready to move to the next level
06-08-2021 | 08:13:00
Kenya, Tanzania and Uganda have each reached some key milestones in their efforts to put always on, high-speed data communications within reach of citizens and businesses.
Rural radio boosts farming in Tanzania
06-08-2021 | 08:05:19
MVIWATA FM attracts smallholder farmers, youth and other marginalized groups, reaching approximately 250,000 people in the rural and urban areas of Tanzania.
TADB partners with Clinton Development Initiative to unlock soybean value-chain in Tanzania
29-07-2021 | 10:54:14
Tanzania Agricultural Development Bank (TADB), has entered into a strategic partnership with the Clinton Development Initiative (CDI), to allow the agri-bank disburse up-to $500,000 to unlock the soybean value-chain in Iringa Region, Tanzania.
FAPA launches franchising project to bolster small enterprises in Tanzania
26-07-2021 | 16:47:48
The Fund for African Private Sector Assistance (FAPA), launched its Africa Franchise Accelerator Project in Tanzania, to promote and model franchising as part of a national enterprise development strategy to stimulate economic integration.
Cellulant Gets Approval from Bank of Tanzania to Become a Payment Solution Service Provider
22-07-2021 | 14:00:29
The Bank of Tanzania (BOT) has issued an approval in principle to Cellulant Corporation to operate as a Payment Solution Service Provider in Tanzania having satisfied all the necessary requirements.
[Column] Phyllis Wakiaga: Why goodwill is essential for lucrative trade relations
22-07-2021 | 09:27:00
Whilst Kenya and Tanzania have for years shared strong trade relations, non-tariff barriers, high cost of production and cheap imports from outside the East Africa Community (EAC) region have impacted trade between the two countries.
Medical Credit Fund unveils new digital financing for healthcare SMEs in Africa
21-07-2021 | 12:08:00
Medical Credit Fund (MCF), the not-for-profit fund for financing small and medium-sized (SMEs) healthcare companies in Africa, announced the disbursement of its first loan within MCF2.
IFC invests in bond to support access to affordable housing in Tanzania
16-07-2021 | 12:22:00
To help increase access to longer-term, affordable mortgages and housing in Tanzania, IFC subscribed to a corporate bond issued by the Tanzania Mortgage Refinance Company (TMRC), which was listed on the Dar es Salaam Stock Exchange.
Audiomack partners with Ziiki Media to fund promotions for African artistes
14-07-2021 | 15:55:30
In line with its commitment to investing in and amplifying African music, Audiomack has teamed up with entertainment provider, Ziiki Media, to propel the craft of artistes across Kenya, Tanzania, Uganda, and South Africa through marketing campaigns.
Tanzania bets on one stop trade portal to boost international commerce
14-07-2021 | 12:36:49
The portal is estimated to serve at least 1.5 million users per month and publishes information on 84 procedures made up of 336 steps, 851 forms and documents, 140 contact persons, 88 norms and laws.
IFAD provides funding to improve food security for Tanzanian small-scale farmers
08-07-2021 | 10:22:37
The International Fund for Agricultural Development (IFAD) will provide funding to assist vulnerable small-scale farmers in rural Tanzania.
Irish FinTech Pipit Global partners with Cellulant to power low-cost remittances in Africa
08-07-2021 | 09:30:11
Pipit Global has announced that in Nigeria, Kenya, Uganda, Tanzania, Mali, Senegal, and Ghana, consumers can now avail of transactions through the pipit platform at lower rates than ever before.
AGF, TADB partner to boost agribusinesses financing in Tanzania
07-07-2021 | 14:54:00
African Guarantee Fund for Small and Medium-sized Enterprises (AGF), signed a Memorandum of Understanding with Tanzania Agricultural Development Bank (TADB), to disburse up-to $20 million worth of loans to agribusinesses in Tanzania.
AKILIMO digital platform improves potato yields in Rwanda
05-07-2021 | 09:53:00
CIP, RAB, the International Institute of Tropical Agriculture (IITA) and the One Acre Fund have partnered to support and launch a digital platform called AKILIMO that helps farmers and extension workers develop tailored fertilizer recommendations. 
[Tanzania] Serengeti Breweries unveils $100 million fund to cushion eateries and bars from COVID-19
02-07-2021 | 12:05:28
SBL’s support comes to light as the world struggles to return to the business from the torment inflicted by the global pandemic.
Tanzania’s financial sector could do more to boost gender diversity, IFC study
28-06-2021 | 08:12:00
A number of financial institutions in Tanzania were found to be performing well regarding gender equality at senior management levels, though gender gaps remain and more could be done to improve the position of women in the country.
[Free Webinar] Jumpstart your productivity AND profitability with Incentro and VOGSY
23-06-2021 | 16:16:00
This webinar will consist primarily of a live demo of how VOGSY offers Quote-to-Cash services as a Google Workspace Add-on.
Tanzania waives value-added tax on smartphones
14-06-2021 | 07:20:45
Tanzania will waive value-added tax on smartphones, tablets, and modems. This was revealed by the Minister of Finance and Planning, Dr Mwigulu Nchemba while presenting the country’s budget for the fiscal year of 2021/22.
KCB Group shareholders approve proposed acquisitions in Rwanda and Tanzania
28-05-2021 | 12:16:12
The twin acquisitions in Rwanda and Tanzania are part of KCB Group’s ongoing strategy to achieve regional relevance and will increase the brand’s footprint while reinforcing existing market capabilities.
AfDB signs $140m loan agreements to increase power generation in Tanzania
28-05-2021 | 08:26:00
The African Development Bank (AfDB), and the Government of Tanzania have signed loan agreements totalling $140 million to finance the construction of the 50-megawatt Malagarasi hydropower plant in Western Tanzania.
MultiChoice Talent Factory launches the Colours of Africa short film series
26-05-2021 | 09:13:00
The MultiChoice Group and the MultiChoice Talent Factory are proud to celebrate the love of African cinema with the Colours of Africa film series.
[Tanzania] MondiaPay partners with Vodacom to increase access to digital entertainment for customers
25-05-2021 | 11:12:51
Mondia Pay and M-Pesa have partnered to allow Tanzanians to conveniently access Mondia’s leading suite of online content on the Vodacom Tanzania PLC digital services network.
TASAF and WFP join forces to strengthen social protection programmes in Tanzania
25-05-2021 | 09:03:28
The United Nations World Food Programme (WFP) and the Tanzania Social Action Fund (TASAF), a Government Department responsible for safety net programmes, have signed a memorandum of understanding to strengthen food security for 300,000 vulnerable families.
Ascent announces first close of Ascent Rift Valley Fund II
21-05-2021 | 00:28:00
African private equity fund manager Ascent announced the first rolling close of its Ascent Rift Valley Fund II (ARVF II) at more than USD 100 million, significantly exceeding its initial target of USD 80 million.
Raha Limited unveils Azure Stack in Tanzania accelerating digital transformation
20-05-2021 | 12:54:00
Availability of Azure Stack hub will enable businesses in the region access to cloud solutions that meet the local data regulatory requirements and efficiently run latency-sensitive business applications.
New Hapag-Lloyd East Africa service to arrive in Kenya and Tanzania
14-05-2021 | 13:46:00
The new Hapag-Lloyd East Africa Service 3 (EAS3) is scheduled to arrive in Kenya and Tanzania next week. The new service will offer excellent connections to Hapag-Lloyd’s global network; Seven 2,800 TEU vessels being deployed in the service.
Tanzania, IFAD partner to boost productivity, improve food security and build resilience of small-scale farmers
13-05-2021 | 09:05:00
A $77.4 million project signed by the International Fund for Agricultural Development (IFAD) and the Government of the United Republic of Tanzania will help rural households facing the impacts of climate change.
Gender norms prevent women from using technology to shell maize in Tanzania
10-05-2021 | 10:09:17
Gender norms prevent women from using technology to shell maize in Tanzania
Peter Mathuki takes over as East African Community Secretary General
28-04-2021 | 08:32:49
Dr. Mathuki highlighted some of his priorities for the next five years including: pushing for the implementation of liberalization of trade-in services; open skies; harmonization of domestic taxes and standards.
Vodacom Tanzania and Britam unveil digital insurance service
23-04-2021 | 08:54:09
Vodacom Tanzania and Britam Insurance have inked a partnership deal that will see the former issuing third party motor vehicle insurance cover to its over 15 million clients.
Uganda-Tanzania pipeline deal draws high expectations for East Africans
19-04-2021 | 08:51:22
Ugandan President Yoweri Museveni and Tanzanian President Samia Hassan Suluhu signed an agreement to contruct the East African Crude Oil Pipeline (EACOP).
EU allocates €54.5m to Africa's Great Lakes region
14-04-2021 | 12:53:00
The EU announced a new funding of €54.5 million in humanitarian aid devoted to the most vulnerable people affected by human-made or natural disasters, epidemics, and displacement in the Great Lakes region of Africa.
African Energy developments demand sustained investment with new projects in Mozambique, Tanzania, Uganda, and Senegal
13-04-2021 | 16:32:00
In the past twelve months, the African energy sector has seen several encouraging developments, in the form of both Foreign Direct Investment (FDI) and strategic partnerships, that have advanced the sustainable development of its natural resources.
Total signs agreements with Uganda and Tanzania on East Africa oil project
12-04-2021 | 10:10:26
Uganda, Tanzania and oil firms Total and CNOOC on Sunday signed agreements that will kickstart the construction of a $3.5 billion crude pipeline to help ship crude from fields in western Uganda to international markets.
Air Tanzania inks distance learning deal with CPaT Global
08-04-2021 | 11:10:00
CPaT Global has announced they have been awarded a new contract by Air Tanzania for the provision of distance learning solutions, including Aircraft Systems courses, Interactive Diagrams, Aircraft Procedures.
Smile Telecoms receives $51 million funding to boost operations
01-04-2021 | 13:27:00
Smile Telecoms Holdings Ltd., a Pan-African telecommunications group with operations in Nigeria, Uganda, Tanzania, and the Democratic Republic of the Congo, has announced that its RP (Restructuring Plan) has been approved and agreed with the lenders.
[Interview] Naike Moshi, Country Director, CVPeople Tanzania
26-03-2021 | 09:45:39
CVPeople Tanzania is a talent acquisition and recruitment company that has for 6 years established itself as a frontrunner in the executive search and headhunting for clients across banking, telecom, and NGO sectors.
Helium One appoints Mitchell Drilling as contractor for its three well exploration programme in Tanzania
25-03-2021 | 07:36:43
Helium One has agreed contract terms with Mitchell Drilling for completion of a three hole exploration programme at its 100% owned Rukwa project in Tanzania.
SBI Motor Japan establishes first office in Dar es Salaam Tanzania
24-03-2021 | 12:00:00
BSMO Co., Ltd. and SBI Africa Co., Ltd. have established the SBI Motor Tanzania office in Dar es Salaam, the very first official SBI Motor office in Africa.
Standard Chartered launches a digital pan-bank league competition for its customers
15-03-2021 | 12:19:59
Standard Chartered Bank has today launched a digital pan-bank league competition offering customers across 11 markets an opportunity to accumulate points that lead to prizes.
[Tanzania] Aminex announces Chikumbi-1 well planned to spud in early 2022
11-03-2021 | 07:45:00
As previously announced, Aminex completed the Farm-Out agreement with ARA Petroleum Tanzania ('APT') which has assumed Operatorship of the Ruvuma PSA.
Mentoring women entrepreneurs to run successful agribusinesses
09-03-2021 | 15:24:54
Women are the backbone of African agriculture and have been unequally affected by the impacts of the COVID pandemic.
Global payments platform Nium enables customers to remit funds into four major African markets
09-03-2021 | 11:54:37
Nium, an advanced global payments platform, has announced that its clients are now able to send funds to their business partners located in Ghana, Kenya, South Africa and Tanzania, with more countries in the pipeline.
Total acts in transparency on social and environmental stakes of the Lake Albert resources development project in Uganda and Tanzania
09-03-2021 | 07:34:00
In accordance with its guiding principle of transparency in engaging with civil society, Total published the studies, independent third-party reviews and social and environmental action plans related to the Tilenga project in Uganda.
Solar technology helps women farmers in Tanzania cut post-harvest losses
04-03-2021 | 07:29:39
Women farmers in Tanzania have harnessed solar technology to reduce post-harvest losses, enhancing food security.
Spotify expands into 80 new markets including Africa
01-03-2021 | 07:57:00
Spotify has expanded into over 80 new markets in more than 36 new languages – including key territories across Africa such as Kenya, Uganda, Tanzania, Côte d’Ivoire, Ghana, Nigeria, and Zimbabwe.
Smile Telecoms announces changes in its leadership
22-02-2021 | 08:05:00
Smile Telecoms Holdings Ltd., a Pan-African telecommunications group with operations in Nigeria, Uganda, Tanzania, and the Democratic Republic of the Congo, announced after its board meeting, significant changes in the leadership of the Group's board and management.
OPEC Fund extends $50m for poverty reduction in Tanzania
19-02-2021 | 08:10:00
The OPEC Fund for International Development (the OPEC Fund) signed a $50 million loan with Tanzania to finance the Fourth Tanzania Poverty Reduction Project.
Equinor announces impairment at Tanzania LNG project
29-01-2021 | 09:36:24
Equinor has decided to write down the book value of its Tanzania LNG project (TLNG) on the company’s balance sheet by $982 million.
IFC provides loan to support Tanzanian glassmaker Kioo
27-01-2021 | 08:08:07
IFC announced a loan to Kioo, East Africa's largest producer of glass bottles, to help the Tanzanian company weather COVID-19-related challenges, protect jobs, and invest in energy-efficient machinery to reduce its carbon footprint.
Arise B.V. acquires 34.9% of Rabobank stake in NMB Bank Tanzania
08-01-2021 | 15:32:54
African investment company Arise has acquired a 34.9% shareholding previously owned by Rabobank in NMB Bank Plc listed on Dar es salaam Stock Exchange (DSE) in Tanzania.
Sartorius invests in pharmaceutical training in Tanzania
17-12-2020 | 12:05:00
Global pharmaceutical and laboratory equipment supplier Sartorius is supporting an aid project to improve pharmaceutical training in Tanzania. The company’s donation of 85,000 euros will go to action medeor, the European medical aid organization.
Tanzania farmers receive crop insurance claims
15-12-2020 | 14:38:06
Lima Salama is a hybrid crop insurance product developed by ACRE Africa with support from funding through the FISFAP program under Alliance for a Green Revolution in Africa (AGRA).
African Development Bank approves $120m loan to build Malagarasi hydropower project in Tanzania
27-11-2020 | 13:54:00
The African Development Bank approved a $120 million loan to fund the construction of a 50 MW hydropower plant in Western Tanzania.
Scirocco Energy to advance sales process for its 25% stake in Tanzania's Ruvuma project
24-11-2020 | 19:18:00
Scirocco Energy announced in its operational update that the Company is now in a better position to advance a sales process for its 25% stake in the Ruvuma project in Tanzania, and plans to progress the Ntorya gas discovery situated within the licence.
Airlink launches new route connecting South Africa and Tanzania
18-11-2020 | 10:45:43
Airlink, the privately-owned and independent regional airline, has opened reservations for flights between Johannesburg and Dar es Salaam, which will commence on 1 December 2020.
UNCDF invests in Tanzania's Mpale solar power mini grid project
06-11-2020 | 11:17:42
UNCDF has invested in development projects aimed at expanding access to affordable, reliable, and clean energy, investing in a 50kW solar power micro grid project in Mpale Village, Tanzania.
Aminex announces completion of Ruvuma farm-out in Tanzania
23-10-2020 | 08:35:00
Aminex has announced the completion of the Ruvuma farm-out through its wholly owned subsidiary, Ndovu Resources, transferring 50% interest in, and operatorship of, the Ruvuma PSA to ARA Petroleum Tanzania Limited.