Tag Archives: Tanzania

Tanzania: World Merit Gains 150% YoY growth in 2016.

World Remit, has announced a 150 per cent Year on Year growth in 2016 and 10,000 unique transactions performed in December last year. The digital money transfer, World Remit, has grounded its presence in Tanzania and providing money transfer services and the growing demand for instant remittances of over 4 million expatriates living outside the country. The services provided by World Remit allows customers to transfer money from abroad directly to Mobile Money services in Tanzania. The Mobile Money platforms such as Tigo Pesa, Vodacom M-Pesa and Zantel Ezy Pesa Mobile Money accounts makes it easy and convenient for residents in Tanzania to access money from clients, family, and friends in abroad. People in more than 50 countries can send instant, secure transfers to more than 140 destinations through the platform. World Remit According to the announcement, the biggest senders to Tanzania include migrants currently living in the UK, Sweden, Australia, Norway and Canada, among others. read more

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Integration Efforts in the EAC

Otavio Veras, Researcher of the NTU-SBF Centre for African Studies read more

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Canada and Tanzania Sign Investment Treaty

DAR ES SALAAM, Tanzania, May 16, 2013/African Press Organization (APO)/ Foreign Affairs Minister John Baird and Bernard Membe, Tanzania’s Minister of Foreign Affairs and International Co-operation, today issued the following statement upon signing the Canada-Tanzania Foreign Investment Promotion and Protection Agreement (FIPA):
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Abengoa to develop 132 kilometer transmission line project in Kenya

— The project, financed by the African Development Bank, is worth approximately €32 million. read more

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Lopatka: “Africa wants closer cooperation with Austria” / State Secretary sets initiatives for economic cooperation and educational projects

VIENNA, Austria, May 14, 2013/African Press Organization (APO)/ Opportunities for deepening political and economic ties to the African continent were the focus in a meeting of Austrian State Secretary Reinhold Lopatka with 25 ambassadors from African states. The Austrian Development Agency (ADA), the Austrian Development Bank and the Austrian Ministry of Finance (soft loans) are the partners in the Africa initiative, which the Federal Ministry for European and International Affairs has started with the support of the Federal Economic Chamber (WKÖ) and the City of Vienna. The African ambassadors showed great interest in stronger economic cooperation with Austria, including tourism projects and accessing Austrian know-how.
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PLATINUM SPONSOR INTERVIEW: “Symbion and many other companies from the United States are ready to invest in Africa.”

Exclusive interview with Paul Hinks, CEO of Symbion Power, platinum sponsors at the upcoming African Utility Week (http://www.african-utility-week.com). read more

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COSAFA CUP BREAKING NEWS

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MTN Uganda successfully launches 4G LTE Network in Uganda making it the first in East Africa

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Norway allocates NOK 700 million to Tanzanian rural energy fund

OSLO, Norway, April 11, 2013/African Press Organization (APO)/ Norway and Tanzania have signed an agreement under which Norway will provide NOK 700 million to Tanzania over a four-year period. This funding will be channelled to a rural energy fund in Tanzania that will give people in rural areas access to electricity. read more

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