Category Archives: Tanzania News

Tanzania News

Three African renewable energy projects announced as winners of the US$7million Access Co-Development Facility competition

Access Power (“Access”), a developer, owner and operator of renewable power projects in emerging markets in partnership with EREN Renewable Energy ( a global independent power producer, are delighted to announce the three winners of the 2017 US$7 million Access Co-Development Facility (ACF) – an innovative funding and support platform for renewable energy projects in […]

THENERGY ANALYSIS: Solar-diesel and Wind-diesel Microgrids for Off-grid Mines Gain Momentum – New Projects Expected

Two recent project announcements show that renewables are an attractive solution for improving mining companies’ energy cost positions. Iamgold has announced it is adding a new 12.5 MW solar PV plant to its Essakane gold mine in Burkina Faso. The Canadian company has signed a power purchase agreement (PPA) with the French independent power producer […]

DoubleTree by Hilton, Stone Town Zanzibar, Tanzania. Interview with Josour Magazine Monthly & Online

These are exciting times for DoubleTree by Hilton in Tanzania and of course Zanzibar, share with us some of your experience in this emerging destination. ANS: Doubletree by Hilton has had the privilege of being one of the first properties to penetrate this destination and create great awareness with its 2 properties: DoubleTree Resort by […]

Tanzania: Economic growth, estimated at about 7 percent, remained strong in 2016

A team from the International Monetary Fund (IMF), led by Mauricio Villafuerte, visited Tanzania from April 3-13, 2017 and held discussions with the authorities on the sixth review under the Policy Support Instrument (PSI) program that was approved on July 16, 2014. At the end of the visit, Mr. Villafuerte issued the following statement: “Economic […]

Tigo Launches First State-of-the-Art Call Centre in Tanzania

Boasting the latest technology, the Call Centre complete with embedded data security measures to protect customer information and identity, has been designed to offer Tigo customers dedicated world-class service Tigo (, Tanzania’s leading Digital Lifestyle company, has announced the opening of a new state of the art Call Centre, the first of its kind in […]

Mikono Expo Group will Host the Dar Construction Trade Expo and the East Africa Smart Building Summit 2017 in Dar es Salaam,Tanzania!!

Tanzanian based company Mikono Speakers under her sister company Mikono Expo Group, which operates in Tanzania, South Africa and other African nations, is hosting the Dar Construction Trade Expo 2017. This esteemed event will take place along with the East Africa Smart Building Conference. More than 200 exhibitors from Africa and all over the world […]

Tanzania: Report by Exotix and IMF reassures brighter economic outlook

Report from UK-based Exotix Partners in collaboration with the Kenya-based Equity Investment Bank have it that Tanzania has a bright economic outlook – adding up to IMF economic forecast for Tanzania. The report highlights that the current anti-corruption and anti-tax evasion drive by the President, HE John Magufuli, might look disruptive in the short term […]

Tigo Tanzania awards $40,000 to support projects run by local social entrepreneurs

Tigo Tanzania (, in partnership with a non-profit organization, Reach for Change (, has given an award of USD 20,000 each to two winners of the 5th edition of the Tigo Digital Changemakers Competition. The competition aims at identifying and supporting social entrepreneurs who use digital tools and technology to improve communities and impact future […]

Tanzania: A Leader among Africa’s Emerging Markets

The United Republic of Tanzania (Tanzania) has recorded an annual average growth rate of more than 6% over the past decade and is on course to maintain a robust growth rate of over 6.5% going forward. Despite global economic and financial uncertainties, the economy has been able to achieve these consistent growth rates coupled with […]

4th African Islamic Finance summit

Opportunity to gain knowledge about Global Practices on Islamic Finance AlHuda Centre of Islamic Banking and Economics (CIBE) is committed to hold “4th African Islamic Finance summit” on 28th-29th March, 2017 at Hyatt Regency, Dar Es Salam – Tanzania. Delegates of more than 10 countries are expected to participate in the summit. This will help […]

BLK Super Speciality Hospital inks pact with Tanzania’s leading Orthopaedic Institute

In an ongoing pursuit of delivering paramount medical services and health care facilities to the African nations, India (New Delhi) based BLK Super Speciality Hospital has announced signing of a Memorandum of Understanding (MoU) with Muhimbili Orthopaedic Institute (MOI), which is one of the largest orthopaedic hospital in Tanzania. The pact would help promote cooperation and […]

Integration Efforts in the EAC

Otavio Veras, Researcher of the NTU-SBF Centre for African Studies Synopsis The East African Community (EAC) is an economic bloc formed by Kenya, Tanzania, Uganda, Rwanda and Burundi. The countries have a history of cooperation dating back to the early 20th century. In the recent years, they have started various infrastructure projects to improve the […]

UK to boost jobs and trade in Tanzania

The UK will sharpen its focus on economic development in the world’s poorest countries to help create the economic growth that will sustain rapidly growing populations, provide a long term solution to poverty and deal with the root causes of problems that affect Britain and Tanzania, International Development Secretary Priti Patel announced on January 31st, […]

2017 Travel Goals; Explore Six of Africa’s Most Exotic Islands

No one talks of safari without mentioning the great treks that crisscross the African continent. So popular is this cradle of mankind for its magic-ridden sunsets and vast plains teeming with wildlife, that many seem to awe away at the bush ideal, totally ignoring that the continent also takes pride in mothering some of the […]

Huge agri invasion expected in Arusha this week as Agritech Expo Tanzania comes to town!

“The event promises to be a game changer for the agri sector in Tanzania” The Tanzanian agri hub of Arusha is expecting the arrival of more than 2000 farmers and agri experts this week for the first outdoor, B2B farming expo of its kind as Agritech Expo Tanzania kicks off on Thursday 26 January. “The […]

Economic Growth of Tanzania Projected at 7% after 5th IMF PSI Review

Under the Policy Support Instrument which is designed for countries that do not need balance of payments financial support, IMF Executive Board Completes the Fifth Review of Tanzania’s economic performance under the program supported by a three-year PSI. The review indicates a great economic performance of the Tanzania economy during the first half of 2016 […]

Finalists for the Africa Finance & Investment Forum (AFIF) Entrepreneurship Award 2017 announced

Six African projects with big economic and social impact will be presented during the AFIF 2017, convened by EMRC in Nairobi, Kenya (13-16 February) Six African SMEs have been nominated as finalists for the AFIF Entrepreneurship Award 2017, supported by the Rabobank Foundation. Out of the 51 projects from around the continent and following a […]

Experts discuss land governance to increase agricultural investment

Representatives of farmers and of civil society organisations, providers of small, low-interest loans and Rwanda government officials met this Tuesday in Kigali to discuss how to mainstream land governance in agricultural strategies and plans Land in Africa has become the safest asset for those with spare funds to invest.  With its growing population, Rwanda, like […]

Feature: Transforming Africa through Social Entrepreneurship

Social entrepreneurs are individuals whose innovative solutions help solve society’s most pressing social challenges. They draw on business techniques to find solutions to the everyday challenges that confront us in society but unlike regular entrepreneurs their primary aim is to create impact and improve lives, not to make profit. However, social enterprises are not charities […]

IMF Staff Holds Review Mission to Tanzania

A team from the International Monetary Fund (IMF), led by Mauricio Villafuerte, visited Tanzania from October 18–28, 2016 and held discussions with the authorities on the fifth review under the Policy Support Instrument (PSI) program that was approved on July 16, 2014.[1] At the end of the mission Mr. Villafuerte issued the following statement: “Preliminary […]

Public interest factors in merger control are creating uncertainty for investors in Africa

Xolani Nyali, senior associate, Competition & Regulatory Practice, Bowmans While merger control typically prevents companies from acquiring a dominant position in M&A transactions in Africa, there is a lack of predictability and rules-based approach on how businesses can comply with the public interest factors contained in the legislation. Clear public interest guidelines are needed in […]

Zambia Tanzania buz links

By Hicks Sikazwe Zambia and Tanzania share many business and cultural similarities. They share transport links   and   enjoy   common banking services in some border towns. But one Zambian town whose business is thriving on Tanzanian goods is Kasama, a northern town  858 kilometres north of the capital Lusaka. A visible feature  that  strikes a first […]