Swiss-Belhotel International signed has signed a management agreement with Zanzibar Crown Hotel and Resort Limited to operate the beautiful Swiss-Belresort Zanzibar expected to open for business in 2019.
Association of German Chambers of Commerce and Industry opens Tanzania office to foster business relations
To promote and facilitate business relations between Germany and Tanzania, the Association of German Chambers of Commerce and Industry (DIHK) has opened an office in Dar es Salaam under the name of “AHK Services Eastern Africa Ltd.”
Tigo Tanzania’s mobile financial services business, Tigo Pesa, has received the GSMA Mobile Money Certification, recognizing Tigo’s ability to deliver safe, transparent, reliable and more resilient services that promote consumer rights and prevent malicious transactions.
“Acacia continued to demonstrate resilient operating performance and delivered solid production of 120,981 ounces of gold in the first quarter across the Group, which sets us in good stead to deliver against our full year guidance of 435,000-475,000 ounces.”
The regulation activities of food, drug, cosmetics and medical devices in Zanzibar will now be done online.So, will be the issuance of import and export permits for the said goods.
Despite daunting challenges, several economies in Sub-Saharan Africa are making progress in enacting laws that promote equality between men and women, says the World Bank Group’s Women, Business and the Law 2018 report.
Siemens hands over industrial automation equipment to 13 engineering faculties across Africa to boost digitization skills
The Fourth Industrial Revolution is having a disruptive effect on economies and the development of digital skills is vital.
With a Gini coefficient of 0.43, overall inequality in Africa remains high relative to other regions. However, Tanzania is one of the few countries in Africa where inequality has declined by nearly 8 percent
Humaniq, a next-generation financial service with its own cryptocurrency has announced a new live chart support in its Mobile App.
Telecommunication company Tigo Tanzania has entered into a strategic partnership with technology company Uber that allows Tigo customers to use Uber app for free.
Africa overtakes Japan and Australia as the most preferred destination by Chinese travelers, TravelZoo Survey
Travelzoo® , a global publisher of exclusive offers and experiences for members, is forecasting the largest popularity growth of Africa in 2018 among avid Chinese travelers.
The Board of the African Development Bank Group has approved a loan of US $30 million to support the establishment of Rwanda Innovation Fund (RIF).
The Eastern Africa Grain Council, has launched the nine product standards for staple foods and two standards for sampling and test methods.
The African Development Bank has expanded its flagship publication, the African Economic Outlook, with five regional reports.
Mastercard’s partnership with Selcom, an East African fintech, will enable the global technology leader to expand its mobile payments solution.
Tanzania based clean energy company Rafiki Power and Mobisol GmbH have partnered to pilot a new approach labelled the Hybrid Grid for off-grid clients in rural Tanzania.
With over 40 million mobile users in Tanzania, there is a real opportunity to use technology to financially connect those not yet included.
[Column] Bob Koigi: Deepening regional trade and East African integration with one stop border posts
Traders passing through East African border points have traditionally grappled with harrowing experiences, from bureaucratic procedures to harassment by custom officials.
The Appellate Division dismissed an Appeal filed by Castro Pius from Tanzania, whose application was seeking for an injunction to stop the Partner States which had not signed the European Partnership Agreement not to sign the same.
HID Global®, a company involved in identity solutions has been selected by the government of Tanzania as its prime supplier for an end-to-end solution for issuing electronic passports as part of Tanzania’s transformative e-Immigration programme.
Officials from the Government of the Republic of Uganda and the Government of the United Republic of Tanzania have opened talks aimed at reaffirming the borders of Uganda and Tanzania.
Africa Business Communities will be developing a Tech Platform on its website and is therefore looking for a freelance journalist/webmaster
Tanzania private energy company Ruaha Energy has entered into a Standard Power Purchase Agreement with Tanzania Electric Supply Company Limited, TANESCO.
Beginning April, Hapag-Lloyd will offer a new weekly service between the Saudi Arabian port of Jeddah and the east coast of Africa.
Armadale, the AIM quoted investment company focused on natural resource projects in Africa has announced that the exploration and development programme at the Mahenge Liandu Graphite Project in Tanzania is now well underway for 2018.
Helium One, a mineral exploration company partnering with University of Dar es Salaam and Oxford University, has organized a one-day workshop to build local capacity on the origin, exploration and development of helium in Tanzania.
If the East African community member states are not burning each other’s chicks, or auctioning cows, they are embroiled in trade disputes and mistrust in what has become characteristic of the integration journey.
[Tanzania] Orca Exploration announces closing of the first tranche of the Swala Oil and Gas investment
Natural gas exploration company Orca Exploration Group says the escrow release conditions have been met regarding the first tranche of the previously announced investment of up to $130 million by Swala Oil & Gas Tanzania in the Orca Group.
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.
Husk Power Systems, a rural distributed utility company operating mini-grids in Asia and Africa, has announced a $20 million equity investment by Shell Technology Ventures LLC.
The Executive Board of the International Monetary Fund has completed the seventh and last review of Tanzania’s economic performance under a program supported by the Policy Support Instrument (PSI).
Jubilee Holdings Limited has appointed Dr. Julius Kipng’etich as its Regional Chief Executive Officer.
Orca Exploration Group Inc. has executed and delivered into escrow definitive agreements providing for an up to $130 million investment by Swala Oil & Gas Tanzania plc in the Orca Group.
Zipline’s autonomous fixed-wing drones now form an integral part of Rwanda’s medical-supply infrastructure, transporting blood products from a central distribution center to hospitals across the country.
Clinigen Group has extended its exclusive agreement with Eisai Europe to obtain the marketing authorisation and subsequently launch Halaven (eribulin), Fycompa (perampanel) and Lenvima (lenvatinib) into 10 African countries.
Bluedrop Learning Networks, a division of Bluedrop Performance Learning has secured a contract with Solar Sister to scale and build the capacity of their Associates in Nigeria and Tanzania.
Phase one of the mixed use Blue Amber resort in Zanzibar was launched on November 30 2017. The aim of Pennyroyal, the long term investor, developer and manager of the luxury tropical development, is to create a resort that blends contemporary living with world class hospitality facilities.
Dubai-based flydubai’s inaugural flight has touched down at Kilimanjaro International Airport, increasing capacity to Tanzania and further expanding its network in Africa to twelve destinations.
The Pay As You Earn tax year-end is looming in most East African territories, and governments are clamping down on non-compliance among businesses and individual taxpayers as they strive to raise more funding for public spending.
Trade Mark East Africa receives $6million from Norway to grow jobs, facilitate trade and reduce poverty in Tanzania
Norway has granted 50 million Norwegian Kroners, $6million, to TradeMark East Africa (TMEA) to support its work in enhancing trade across the East African Community to increase prosperity in the region.
International tax and legal company Andersen Global has partnered with East African Law Chambers, a legal and tax firm in Tanzania.
Smile Communications and MediaTek have teamed up to bring the latest VoLTE smartphones to customers in Nigeria, Uganda, Tanzania and the Democratic Republic of Congo (DRC).
John Pombe Magufuli, President of Tanzania and Yoweri Kaguta Museveni President of Uganda and Amb. Liberat Mfumukeko, East African Community Secretary General have launched Mutukula One Stop Border Post (OSBP) located on the Uganda- Tanzania border.
East African Community receives $1.2 million from AfDB to finance multinational road between Uganda and Tanzania
The African Development Bank East Africa Regional Resource Centre (EARC), and the East African Community (EAC) have signed a financing agreement of $1.2 million to finance the Project Preparation Phase of three key Multinational Road Sections between Masaka in Uganda to Kumunazi in Tanzania.
Building on the success of the initial phase of their partnership, Emirates and flydubai have announced 16 additional destinations to which Emirates’ passengers will be able travel on a single ticket.
During an official visit to Tanzania, Commissioner for International Cooperation and Development Neven Mimica signed a €50 million programme to support rural electrification in the country.
Zanzibar saw a modest reduction of 4.5 percent in its basic needs poverty rate, and a one percent decrease in extreme poverty between 2010 and 2015.
REDAVIA a global leader in solar energy has invested in the largest minigrid in Tanzania connecting more rural people to the national grid.
Africa’s first Ethiopian B787-9 has landed at Abeid Amani Karume International Airport in Zanzibar.
East African countries are grappling to balance two sometimes conflicting needs. On the one hand, they want to encourage foreign investment. On the other, they want to ensure that local skills and labour are not displaced by imported skills.
Marriott International, Inc. has announced the opening of Four Points by Sheraton Arusha, The Arusha Hotel, marking the debut of the brand into Tanzania.
According to the 2014–2016 Tanzania National Financial Inclusion Framework the level of formal financial access in the rural areas of Tanzania is 8.5% compared to 23% in the urban areas.
Exim Bank Tanzania has proved its commitment to strengthening financial inclusion in Tanzania by launching a new branch in the Dodoma region of Tanzania.
GroFin and USAID East Africa Trade and Investment Hub partner to increase access to finance for East African agribusiness SMEs
GroFin, a development financier which specialises in providing finance and support to small and growing businesses, has received a grant from USAID East Africa Trade and Investment Hub.
Statesduka.com is the first budget online shopping and shipping website serving Kenya, Tanzania, Uganda, Rwanda, Burundi and South Sudan.
With more than 70 percent of Tanzania’s population lacking access to electricity, mini-grids – electrical generation and distribution systems of less than 10 megawatts (MW) – have enormous potential to electrify rural communities.
RESTANCE, Inc has announced a new Chief Executive Officer to lead the Company's East African Economic Development Strategy.
QNET, a company of Asian heritage and a part of the $200 billion global direct selling industry has entered the buoyant direct selling sector in Eastern Africa.
[Tanzania] AB Minerals Corp announces financing agreement for its Dar es Salaam Coltan processing facility
AB Minerals Corp has engaged Destiny Mineral and Agricultural Consultant of Dubai, UAE to lead a $40 million financing for the construction of the first coltan processing facility in Africa, to be located in Dar es Salaam, Tanzania.
Russell IPM's bio-rational program proved to manage fall army worm (Spodoptera frugiperda) in Tanzania successfully, reducing damage in winter maize to less than 5 per cent.
New DNA technology seeks to save millions of Uganda and Tanzania farmers from effects of cassava disease
Scientists at The University of Western Australia are using new portable DNA sequencing technology for the first time in East Africa to help farmers fight the devastating impact of crop disease.
South African Customs Union and East African Community deliberate on tripartite Free Trade Area market access
South Africa has played host to the 11th bilateral meeting between Trade Ministers of the Southern African Customs Union (SACU) and the East African Community (EAC).
G Adventures and National Geographic Expeditions add Tanzania and Botswana wildlife parks to traveler’s bucket list
National Geographic Expeditions and G Adventures through their joint travel line, National Geographic Journeys, have added Tanzania and Botswana wildlife parks as compelling destinations to watch.
AB Minerals, at the invitation of African Minerals & Geosciences Centre Director General, Ibrahim Shaddad, made a presentation to the Board of Directors on the proposed Joint Venture Coltan Processing plant project.
Orca Exploration Group is in discussions with Swala Oil & Gas in Tanzania on a possible minority investment in PAE PanAfrican Energy Corporation, a Mauritius-registered company that is a wholly-owned subsidiary of the Company.
UBUCOM decided to choose Bolloré Logistics Tanzania as its logistics partner for the transportation of 1,298 MT of iron coils to Burundi.
The UK government has committed $540 million to help build a more secure and prosperous Tanzania over the next three years.
Bill Gates has announced a $15 million investment to help digitize Tanzania's health information systems and improve health data in the country.
Armadale, the AIM quoted Investment Company focused on natural resource projects in Africa, has announced the c ompletion of the first phase of Reverse Circulation drilling at its Mahenge Liandu Graphite Project in Tanzania
[Tanzania] AB Minerals Corp signs MoU with African Minerals & Geosciences Centre for Strategic Partnership
AB Minerals Corp. is pleased to announce that it has signed a Memorandum of Understanding with the Africa Minerals and Geosciences Centre to establish a Strategic Partnership for the Company’s new Made for Africa Eco-Friendly coltan processing facility.
OPEC Fund for International Development and Tanzania sign $18 million loan for 51 kilometer road project
OPEC Fund for International Development, OFID, and Tanzanian government have signed an $18 million public sector loan agreement for the Uvinza–Malagarasi Road Project.
Helios Towers Tanzania Ltd, a subsidiary of Helios Towers Africa Ltd, has reached an agreement with Zanzibar Telecom PLC, Zantel, for the acquisition of all unique sites of their mainland tower portfolio.
Excellent Guides Tanzania, Ltd., the only East African safari tour company that is fully owned and operated by local Tanzanian guides, has opened its doors to the U.S. Travel Market.
Tanzania Women of Achievement launches mentorship and learning on the go platform for girls and women in Africa
Tanzania Women of Achievement (TWA) has launched Twaa Mentorship, an online portal and mobile app designed to provide mentorship and learning on the go for girls and women in Africa.
The leaders of Tanzania and Uganda laid a foundation stone on Saturday for the construction of a $3.55 billion crude export pipeline that would pump Ugandan oil for international markets.
Tigo Tanzania customers are now set to continue enjoying high-tech services following the announcement of a massive drive by the telecom operator to further modernize its network infrastructure.
The United Nations World Food Programme (WFP) has launched a four-year Country Strategic Plan in Tanzania. It is fully-aligned with the UN 2030 Agenda for Sustainable Development which aims to end poverty, reduce inequality, tackle climate change and ensure sustainable agriculture and food security.
REDAVIA, a global market leader of cost-effective rental solar power for businesses and communities, has kicked off operations of its eight-container solar farm at Shanta Gold’s New Luika mine in the Chunya district, Tanzania.
AgDevCo, a social impact agribusiness investor has announced a $225,000 debt investment into a Tanzanian poultry business.
Kenya Association of Manufacturers, KAM, has launched the East African Community Intellectual Property Rights Regime Study which aims to enhance regional protection of IPRs, as a contributor to achieving the industrialization agenda.
Tanzania wins $21.7 million from Climate Investment Funds to advance geothermal exploration and transform its energy sector
The Climate Investment Funds (CIF) has approved US $21.7 million for the United Republic of Tanzania to finance its Geothermal Energy Development Project.
Farming financing programs set to secure international demand for produce from small farmers in Rwanda and Tanzania
The International Finance Corporation (IFC) and the Global Agriculture and Food Security Program (GAFSP) are launching smallholder farmer financing programs with the United Nations World Food Programme (WFP) to improve food security among vulnerable people in Rwanda and Tanzania.
Merck Foundation will focus on providing one year and two years surgical and paediatric oncology fellowship program in India, Europe and University of Nairobi for Tanzanian doctors to improve the cancer care in the country.
Mobisol has strengthened its capital base by an additional substantial senior loan facility from Finnfund (Finnish Fund for Industrial Cooperation Ltd.), following an already provided senior loan in 2016
A large-scale hydropower dam planned for Selous Game Reserve World Heritage site puts protected areas of global importance - as well as the livelihoods of over 200,000 people who depend upon the environment
East African musicians have been featured on the CNN African Voices as they elaborate their career ambitions and why they’re focusing on their roots for inspiration.
Court declines to stop East African Community member states from signing Economic Partnership Agreement
The East African Court of Justice has declined to grant orders to stop East African Community Partner States which have not signed the European Partnership Agreement (EPA) not to sign the same.
Tanzanian Royalty Exploration Corporation finds 1 million ounces of gold to be mined at the Buckreef Project
Tanzanian Royalty Exploration Corporation has filed on SEDAR, a feasibility study for the Buckreef Project which positively establishes that 1.064 Million ounces of gold reserves are available to be mined over a 15-year initial life of mine.
In March 2017, Bolloré Logistics Tanzania set up a fully-fledged warehousing service with Barthi Airtel Limited, a leading global telecommunications company with operations in 20 countries across Asia and Africa.
fastjet enters agreement to acquire brand intellectual property rights from Sir Stelios Haji-Ioannou
fastjet, the low-cost African airline, is providing an update on trading for the period from 1 January 2017 to date, ahead of its Annual General Meeting to be held.
The capacity of the Port of Dar es Salaam will be increased to 25 million tons over the next seven years following the World Bank Board of Executive Directors’ approval of a $345 million credit.
Nigeria will overtake the United States to become the third-most populous country in the world by 2050, according to a United Nations report.
Dubai-based flydubai has today announced the start of flights to Kilimanjaro from 29 October, 2017.
The East Africa region attracted more than Sh113.7 billion ($1.1 billion) funds from Private Equity (PE) between 2015 and 2016, a new study has revealed.
Domestic lending to agriculture sector declined to 6.8 per cent in the first quarter to March this year compared to 7.8 per cent in the corresponding period a year before.
Tanzania, Rwanda and Ghana renewable energy projects emerge winners of $7m Access Co-Development Facility competition
Access Power is delighted to announce the three winners of the 2017 US$7 million Access Co-Development Facility.
Worldbank: Economic Growth Sub-Saharan Africa +2.6% in 2017 - Ethiopia (+8.3%), Tanzania (+7.2%), Côte d’Ivoire (+6.8%)
Growth in Sub-Saharan Africa is forecast to pick up to 2.6 percent in 2017 and to 3.2 percent in 2018, predicated on moderately rising commodity prices and reforms to tackle macroeconomic imbalances.
GE’s Power Services business and Songas signed a multiyear service agreement (MYA) to upgrade equipment at Songas’ Ubungo Power Plant in Dar es Salaam, Tanzania.
The National Microfinance Bank Plc (NMB) has launched the first ever business account for micro and small businesses named NMB FANIKIWA Account.
Victor Chandler is back. After a 3-year hiatus, his first foray is set to be as part of a new sports betting and gaming company to be called Bet Lion, focusing on East Africa and launching in August.