Category Archives: Tanzania News
REDAVIA, a global market leader of cost-effective, reliable rental solar power for businesses and communities, commissioned two minigrids in Isenzanya and Shitunguru, located in the Songwe region in western Tanzania. The two pioneering containers were financed by InfraCo Africa (part of PIDG).
SA mining industry sees a turnaround in financial performance amid a challenging operating environment
2017 was another challenging year for South Africa’s mining industry in light of a decrease in dividends and market capitalisation, various retrenchments across the industry, and marginal increases in taxes paid. However, spot price increases for bulk commodities supported the industry and resulted in a return to profitability after the first substantial increase in revenues in five years. These are some of the highlights from PwC’s ninth edition of SA Mine, a series of publications that highlights trends in the South African mining industry released by PwC.
Having established firmly in West Africa with agents across three countries, QNET is set to shake the entrepreneurship environment in East Africa –starting with Tanzania. The company which is flourishing in a midst of a larger global direct selling sector and providing a range of products cutting across home care, jewellery, cosmetics, and personal care, is aimed at synergizing with a local agent in Tanzania. The agent will serve as the mediator between QNET, its Independent Representatives (IRs). The agent will aid customers with their enquiries, delivery of products, and offer the opportunity for customers to see online products in person and assess it prior to purchase. While engaging in that trade to provide quality customer care to clients, QNET will also be focusing on providing entrepreneurship opportunities for many young people through direct selling and providing online education courses. The company’s Board of Director’s advisor, Mr. David K Sharma, reemphasized that QNET is keen to collaborate with the local government in achieving this goal.
The Outlook is a comprehensive source of analyses and five-year forecasts of consumer and advertising spending across five countries
What do Africans really think about the grandiose education projects, promoted by outsiders, that promise to transform their lives? In a special debate at this year’s eLearning Africa conference, we will find out.
Emerging Market Power (EMP) recently shared a positive news on the progress of the development of two wind projects across Tanzania, with construction expected to commence in 2019.
Xpress Money and TerraPay partner to enable real-time international money transfers to mobile wallets in Africa
- Initial service rollout includes remittances to all mobile wallets in Tanzania and all mobile numbers in Nigeria
Xpress Money, one of the world’s most dependable money transfer brands has partnered with TerraPay, the world’s first mobile payments switch, to enable real-time international money transfers to mobile wallets in Africa. Powered by TerraPay’s global clearing and settlement service for mobile wallets, the partnership will make it faster and convenient for Xpress Money consumers to send money to mobile accounts, in real time.
Power Africa attended the Africa Energy Forum (AEF) to further advance its goal to increase energy access and power generation in sub-Saharan Africa. Through grant signings, facilitated events, and targeted meetings with government and private sector partners, Power Africa plans to further increase the number of transactions that have reached financial close. Currently, the 76 projects that have reached this status are expected to generate over 7,107 megawatts (MW) since the initiative’s 2013 launch.