World Bank financing to make secondary education safer, better, more accessible for Tanzanian students
The World Bank approved a credit from IDA, the World Bank’s fund for the poorest countries, which will enable millions of young Tanzanians to access and complete secondary education in safer and better learning environments.
WomenChoice Industries – a manufacturer and distributor of low-cost reusable sanitary towels has raised US$ 200,000 funding from Gray Matters Capital’s gender lens portfolio - coLABS
A group of Black Industrialists from South Africa will get an opportunity to seek investment and trade opportunities in Tanzania when they participate in a trade mission to Dar es Salaam this month.
The Wildlife Conservation Society (WCS) and the non-profit search engine Ecosia announced a massive effort to replant some 900,000 trees in degraded landscapes in Tanzania.
ENGIE Africa has successfully accelerated the Access to Energy (A2E) strategy that it launched in 2018 through the development of its three A2E off-grid energy solution companies: Fenix International, ENGIE Mobisol, and ENGIE PowerCorner.
The Government of Tanzania Ministry of Finance has signed a facility agreement with Standard Chartered Tanzania for a $ 1.46 billion term loan financing to fund the construction of the Standard Gauge Railway.
Business Interruption (67% of responses) ranks as the most important business risk in Tanzania as larger and more complex BI losses continues unabated.
Facebook is partnering with nine non-profit organizations and government agencies throughout sub-Saharan Africa to raise awareness about Internet safety and security.
Absa Group Limited’s Barclays-branded subsidiaries in seven African countries - Botswana, Ghana, Kenya, Mauritius, Seychelles, Tanzania and Zambia were renamed ‘Absa’, completing the name change across the continent.
UAE Exchange, a leading financial services brand in Tanzania and a Finablr company, has announced the rebranding of its operation as “Unimoni”.
TradeMark East Africa (TMEA) and the Mombasa County Government inked a US$2.7 million financing deal towards construction of the Mbaraki-Nyerere Road.
Clarke Energy, a Liverpool engineering company is helping African businesses reduce carbon emissions thanks to innovative hybrid engines.
The Arab Bank for Economic Development in Africa (BADEA) and the United Republic of Tanzania signed a loan agreement of US$ 13.5 million to contribute to the Construction and Equipping of Secondary Schools Project in Zanzibar.
African tech startups this year tapped millions of dollars by taking part in and winning startup competitions - at least over $6million collectively, by Ventureburn’s calculations.
Opera and Mdundo, a leading African music sharing platform, have announced that Opera Mini users can now, for free, listen to and download their favourite songs from the most recognized artists in nine African countries.
Over three million people from Tanzania and Kenya will benefit from a €345 million financing package for road construction support, approved by the African Development Bank’s (AfDB) board.
Leading digital money transfer service WorldRemit has partnered with Vodacom Tanzania to enable nine million M-Pesa customers to receive money directly to their M-Pesa wallets from friends and family living abroad.
Online retailer Jumia has exited the Tanzanian market, days after it closed shop in Cameroon over reducing fortunes that have negatively affected its profitability.
Absa Corporate and Investment Banking (CIB) claimed top honours at the 12th EMEA Finance African Banking Awards, 2019 where it was awarded Best Investment Bank in Africa.
Key representatives from over 8 countries in Africa gathered at a workshop organized by Vodacom to look into trends and developments shaping the mobile money industry in Africa.
KaiOS Technologies, maker of mobile operating system for smart feature phones, together with Vodacom, Azumi and MediaTek have announced a partnership in Tanzania, launching affordable smart feature phone, Smart Kitochi.
The United Nations Industrial Development Organization (UNIDO) and its partners initiated the roll-out of 500,000 ethanol cook stoves to households in various wards of Dar es Salaam, Tanzania.
Greenlight Planet partners with African telcos to reach 600 million consumers without electricity access
Greenlight Planet, a player in the rapidly expanding pay-as-you-go (PAYG) solar industry has partnered with major telecom operators in Africa.
The People’s Republic of China has made a commitment to give the East African Community (EAC) 12 cars worth US$400,000 to be used in various capacity building programmes at the Community.
National carrier Kenya Airways (KQ) has signed a one way codeshare agreement with Safarilink Aviation to open up Kenya by connecting domestic scheduled services to all the best safari destinations within Kenya and Tanzania.
[Tanzania] NMB Bank partners with Mastercard to provide commercial motorcycle riders with digital payment solution
NMB Bank PLC has partnered with Mastercard to provide commercial motorcycle riders (boda-boda riders) and customers in Tanzania with a digital payment solution.
The United Nations Industrial Development Organization (UNIDO) concluded a two-day workshop for its pilot phase of Quality Infrastructure for Trade Facilitation (QI4TF) e-tool in Tanzania.
In Malambo village, Ngorongoro district, the lush forests and livestock that once flourished and the rivers that flowed year-long are now a distant memory.
Diamond Trust Bank (DTB), has joined African payment services provider DPO Group, and Mastercard, the global payments technology company, in the rollout of a business to business (B2B) virtual payment card in Kenya and Tanzania.
Pan-African telecoms group Liquid Telecom has appointed Hussein Kitambi as the new Chief Executive Officer (CEO) of Raha Liquid Telecom Tanzania.
“The urban opportunities far outweigh the challenges,” said Prof. Davis G. Mwamfupe, the Mayor of Dodoma, Tanzania, during his message to the Cities Leadership workshop, launching the City Diagnostics for five pilot cities in Africa.
Tourism sector vital in East African Community, EALA calls for embrace of single tourism visa, report
A report of the Assembly on the Oversight activity on the Performance of the Tourism Sector in the region, wants the East African Community (EAC), to fastrack the conclusion of the EAC Protocol on Tourism and Wildlife Management.
Siemens is committed to supporting and developing young, African innovators; Siemens extends its Eskom Expo partnership to schools in Ghana, Kenya, Uganda, Tanzania and Ethiopia.
Vodacom Tanzania has launched a campaign dubbed Supa Network, to increase awareness of the capacity of its network.
[Tanzania] Vodacom and Smart Lab partner to support business startups in new Vodacom Digital Accelerator programme
Telecommunication company Vodacom Tanzania Plc and Smart Lab have launched “Vodacom Digital Accelerator,” a program that intends to help early-stage and growth-stage technology startups become profitable and revenue generating businesses.
Airtel Africa has announced the appointment of George Mathen as managing director for Airtel Tanzania effective 01 October.
The African Development Bank and the African Fertilizer and Agribusiness Partnership have signed two grant agreements to implement trade credit guarantees worth $5.4 million to support fertilizer value chains in Nigeria and Tanzania.
Tanzania’s leading Telecommunications Company, Vodacom Tanzania Plc, and Flickswitch have announced the availability of SIM Manager in the country.
Corteva Agriscience leads fight against fall armyworm with insect control solutions for African maize farmers
Corteva Agriscience has been introducing insect control solutions to Africa’s maize farmers to in maize in Botswana, Kenya, Namibia, Tanzania, South Africa, Zambia, and Zimbabwe.
ENGIE has expanded its decentralized energy offering in Africa through the acquisition of Mobisol, a pioneer of off-grid solar solutions.
GE and Songas have announced they have successfully completed upgrades to the entire GE fleet of three LM6000PA and one LM6000PC gas turbines at the Songas Ubungo Power Plant in Dar es Salaam, Tanzania.
The technology group Voith is strengthening its hydropower service portfolio for Southern Africa.
Tanzania has signed a deal with Chinese groups China Civil Engineering Construction Corporation and China Railway 15th Bureau Group for the construction of a 3.2 kilometre bridge over parts of Lake Victoria.
Air Tanzania has received landing slots for the launch of flights to London's Gatwick Airport.
For Tanzania to generate future income and achieve sustainable development, it is essential for the country to invest in its citizens, both children and adults, according to the new World Bank economic analysis for the country.
From intercropping, mulching to relying on indigenous knowledge, smallholder farmers in East Africa are developing resilient techniques to insulate themselves from changing weather patterns at a time when studies show they will be among the most affected in years to come.
Tanzania needs to undertake important and urgent investments to accelerate progress in the health and education of its citizens, especially the youth, if the country is to improve its human capital for sustainable development.
AgDevCo has announced a multi-million Euro investment in Africado, a successful avocado company based in the Kilimanjaro region of Tanzania.
Precision Air is partnering with GSA representative TAL Aviation, to expande the airline's presence in Brazil and Mexico.
Wave of Mergers & Acquisitions strengthens banks’ credit profiles across sub-Saharan Africa, Moody's
The wave of mergers and acquisitions among banks in sub-Saharan Africa is credit positive for bank creditors and is set to continue, Moody's Investors Service said in a report published today.
The U.S. Trade and Development Agency (USTDA) has awarded a grant to SEACOM for a feasibility study to evaluate the market for fiber telecommunications services in Kenya, Tanzania, Uganda, and Rwanda.
Optiva Inc.has announced that Vodacom Tanzania has expanded its partnership with Optiva for utilization of Optiva Charging Engine™ and Policy Control (PCRF).
The Tanzania government has actively embraced competition in the telecom market and has encouraged the private sector despite it having retaken control of the incumbent telco TTC.
TradeMark East Africa, Tanzania private sector ink $1.2 million deal to boost country’s competitiveness
TradeMark East Africa (TMEA) and Tanzania Private Sector Foundation (TPSF) have signed a grant agreement to support Public Private Dialogue (PPD) in Tanzania.
Anjarwalla & Khanna (A&K) Tanzania has taken over the practice of ATZ Law Chambers with new core leadership team.
The Food and Agriculture Organization of the United Nations (FAO) has developed a four-year strategy in Tanzania with the objective of enhancing the resilience of agriculture-based livelihoods and local food systems.
Marriott International, Inc. has announced the opening of its second Four Points by Sheraton hotel in Tanzania, Four Points by Sheraton Dar es Salaam, New Africa Hotel.
The Inter-University Council for East Africa has completed the process of selection of Incubation Centers to be hosted at four of the Africa Centers of Excellence.
Smile Telecoms, a Pan-African telecommunications group has appointed Mr. Ahmad Farroukh as Group Chief Executive Officer and Ms. Irene Charnley as Deputy Chairman, respectively, effective 1 June 2019.
Blockchain Association of Africa partners With Afriplains Digital Tanzania and Blockchain Worx Singapore to grow reach
Blockchain Association of Africa has partnered with Afriplains Digital, Tanzania & Blockchain Worx, Singapore (BCW) to leverage synergies.
[Tanzania] UNIDO partners with TIB Development Bank to bring clean cooking solutions to half a million households in Dar es Salaam
The United Nations Industrial Development Organization facilitated an agreement between the TIB Development Bank to roll-out 110,000 bioethanol cook stoves in Dar es Salaam.
Accelerated natural resource degradation puts Tanzania’s development goals at risk, World Bank report
Natural resources form a core pillar of Tanzania’s economy and play a pivotal role in sustaining the livelihoods of its citizens.
Sub-Saharan Africa construction activity is forecast to grow across the region, despite a number of significant risk factors that threaten to limit economic growth in the region accordin to Mace’s latest Market report.
Clinton Foundation, CIMMYT partner to improve access to climate-resilient maize seed in Eastern and Southern Africa
The Clinton Foundation and the International Maize and Wheat Improvement Centre (CIMMYT) are launching a partnership to improve access to and availability of climate-resilient maize varieties in Eastern and Southern Africa.
TIB Development Bank, and SNV have signed a Memorandum of Understanding with an aim of developing a market for solar products using Results-Based Financing (RBF) in Tanzania's rural lake and central zones.
IFC, a member of the World Bank Group, has launched the Finance2Equal Tanzania Initiative aimed at increasing women’s participation across businesses by reducing gender gaps.
Belfrics Group,in association with Dar Es Salaam Institute of Technology (DIT) have announced a joint initiative to develop a pool of talented and skilled technology professionals for blockchain as a domain.
Women entrepreneurs working in agricultural processing in the Kigoma Region have seen a boost to their income and social position thanks to a programme led by Energy 4 Impact.
Economic growth in East Africa is soaring ahead of other regions on the continent at close to 7 percent while the overall outlook for the rest of Africa is cautious, but positive.
Africa Healthcare Network has over the years worked to change the landscape of renal care and education in Sub-Saharan Africa through the provision of dialysis services, education of clinicians and patients.
Jiji and OLX announced that both companies have reached an agreement under which Jiji will acquire OLX businesses in Ghana, Kenya, Tanzania, and Uganda, pending certain regulatory approvals.
The National Aviation Services (NAS), has partnered with Wanzl and ICT.aero to launch state-of-the-art electronic gates (E-gates) at its Pearl Lounge in the Marrakech Menara Airport departures area, Morocco.
Tanzanian start-up Ubongo, a localised educational media platform that reaches millions of families through accessible technologies, has won the ‘Next Billion’ Edtech Prize.
The government of Tanzania has selected HID Global®, a worldwide leader in identity solutions’ citizen ID solutions to add e-Visa and e-Permit capabilities to its e-Passport.
Tanzania’s mobile industry is contributing significantly to the realization of the country’s economic and development goals, according to a new GSMA report dubbed Digital Transformation in Tanzania.
Bidco Africa, the largest manufacturer of FMCG in East Africa, migrates to SAP HANA Database to gain real-time and in-memory computing capabilities to improve its delivery to customers.
Global payment technology company Visa, is set to unveil a mobile app in Tanzania that will allow free of charge and cross border transactions.
Bidco Africa, with the support of its implementation partner, Seal Infotech, has completed the migration of its operations to SAP HANA.
[Kenya] Banking industry enhances payments efficiency with automated direct debits and foreign currency clearing
The banking industry through the Kenya Bankers Association has completed three key projects to increase efficiency of the Automated Clearing House.
Inhabitants of Kenya,Tanzania, Uganda and Ethiopia will enjoy uninterrupted supply of electricity with the upcoming commissioning of a power transmission line to interconnect Kenya and Ethiopia, powered by the AfDB.
Standard Chartered has completed a simultaneous multi-market launch of its digitally-led retail banks in Tanzania and Ghana, with Kenya’s roll out scheduled to occur shortly.
AngloGold Ashanti achieved guidance for the sixth consecutive year, with improved margins driving significant growth in free cash flow generation.
Armadale has signed an MOU for a proposed offtake agreement with the Matrass Group for high quality graphite products produced at the Company’s Mahenge Liandu Graphite Project in Tanzania.
Tanzania leading airline Precision Air, has announced that it will commence its flights from Dar es Salaam to the capital city Dodoma effective from 1st April 2019.
East African Community leaders have lauded the regional body for the role it has played towards improving the economies of member countries.
Standard Chartered launches second wave of digital-only retail banks across Uganda, Tanzania, Ghana and Kenya
Standard Chartered bank has announced the start of the second phase of its digital-only retail bank across Africa.
Tanzania, South Africa and Kenya benefit most from investments in local seed business activities, Index shows
Global seed companies are adapting their products to combat the impact of climate change and address nutrition needs.
An intergovernmental ministerial committee meeting between the governments of Uganda and Tanzania agreed to sign the Host Government Agreement for the East Africa crude oil pipeline by the end of June.
With over 40million mobile network subscriptions reported in Tanzania, the telecom sector forms the backbone of a dynamic and inclusive digital economy.
The number of mobile money subscribers rose by 4.7 per cent during the third quarter of last year as telecommunication operators intensified their competition amid changing market sentiments.
Scenes of traders, travelers, fishermen and women crossing the Zambezi river on floating planks, ferries, rickshaw boats, and canoes will soon come to an end.
Oil and gas company Wentworth has announced that it intends to relinquish the onshore Tembo block in Rovuma Basin.
ZOLA Electric, FMO and Symbiotics have announced a $32.5 million facility to finance the growth of ZOLA’s Tanzania operations over the next 5 years.
Pratt & Whitney, a division of United Technologies Corp. and Air Tanzania have welcomed the delivery of the airline's first A220 aircraft.
This year, reports and news articles have been awash with stories of a dysfunctional EAC bloc stagnated and in near-crumbling state.
Ireland has launched a new $1.14 million partnership with TradeMark East Africa (TMEA) to facilitate increased trade for Tanzania.
GreenTec has announced its investment in Afrilife, a Tanzania-based producer of organic honey and bee products.
Burundi, Kenya, Rwanda, the United Republic of Tanzania, and Uganda have agreed to make trade between them and with other countries cheaper, faster and simpler.
Elanco Animal Health and Farm Radio International have partnered to produce a 13-week series of radio programs to educate small-scale livestock farmers in North Tanzania.
The Government of Norway has announced its contribution to the Farm to Market Alliance, a global private-sector led initiative with the aim to make markets work better for smallholder farmers.