d.light, the global provider of transformational household products and affordable finance for low-income households, today announced a $30 million securitization facility has been successfully secured from the Eastern and Southern African Trade and Development Bank Group (TDB Group), with the capability to purchase up to $125 million of receivable assets.
Tag Archives: Tanzania
The TAW (Tech African Women) program, launched by the UNECA (United Nations Economic Commission for Africa) in partnership with Betacube, closed its 3-day Tanzanian bootcamp on the 31st of August 2022. The two Tanzanian winning startups were awarded the program’s participation prize, with $2,000 for the first winner Ujana. The selection was based on the […]
Promoting film production in the Global South From September 14, 2021, filmmakers from Tanzania and Uganda are invited to apply for film development funding and training offered by DW Akademie. The German media development organization DW Akademie is looking for filmmakers from Uganda and Tanzania who have already made one or more films and would like […]
The relief of indigence is the primary goal in bringing about a positive change in the lifestyles of children in Africa. To this day, 1 in every 5 children in Africa is devoid of the right to education owing to child labor. Since electricity is a dire need of people even in the utmost rural […]
By NJ Ayuk, Executive President of the African Energy Chamber. If someone were to put me on the spot and ask me to name an environmentalist group, I’d probably blurt out the first thing that comes to mind, Greenpeace. There are obvious reasons for this: Greenpeace has been around for more than 50 years, and […]
A recent uptick in direct investment activities in Africa’s energy sector sheds light on the role of sustained investor interest in catalyzing socio-economic growth. In the past twelve months, the African energy sector has seen several encouraging developments – in the form of both Foreign Direct Investment (FDI) and strategic partnerships – that have advanced […]
– Project first started in 2016 where vCargo Cloud (“VCC”) worked on a Proof-of-Concept (“POC”) platform for the project – Completion of project will see seamless transmission of trade-related documents between participating EAC SCT member authorities. KENYA, 30 March 2021: Singapore’s GUUD (Africa) Pte. Ltd, via its wholly owned subsidiary, vCargo Cloud Kenya Limited., has […]
For being the second largest Continent on earth, Africa has a wide range of options for hotel development in many of its regions having more space for expansion and capital growth. The middle-class population is estimated to be near 350 million people by the African Development Bank. A portion of this population holds the probability […]
The global restaurant business might lose about $600 billion in consumer spending in 2020, representing a 25%-30% loss of sales compared to 2019, according to figures released by Technomic. While the coronavirus pandemic can be blamed for this to a large extent, there are some things that you need to do to start your road […]
Tanzania is a perfect safari holiday even for backpackers. Find out what you need to know about backpacking in Tanzania to have that dream safari experience! Lush, verdant, rich in history and home to some of the most magnificent wildlife species on this part of the planet, Tanzania’s simply got it all! Here you can […]
Tanzania conjures images of unique outdoor adventures and intimacy with nature’s finest. With so many places to see and things to do, it’s not surprising that this amazing country continues to dazzle travelers from all over the world year after year. And don’t worry about accommodation either, as the country is lined with options that […]
Also referred to as the Spice Islands, Zanzibar is more than just an itinerary. The unique features of this enchanting island and UNESCO World Heritage Site makes it a dream destination for any tourist looking to have a hell of a time living the easy life and just chilling. The swaying palm trees, coral reefs, […]
The recent redevelopment and upgrading of Kenya’s Mombasa – Nairobi railway line has revealed a market for faster, affordable intercity passenger transportation services between African cities. Following the recent tragedy of Ethiopian Airlines, the African passenger transportation market might be ready to consider an alternative technology capable of providing affordable, fast travel between several pairs […]
by Johan Burger The NTU-SBF Centre for African Studies publishes a weekly newsletter on issues relevant to Africa. This paper is based on issues addressed in the newsletter. Various mining initiatives and challenges occurred during 2018. Below is a snapshot of some of it. This is by no means an exhaustive list. Tanzania Tanzania wants […]
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 […]
By Thandisizwe Mgudlwa Alcatel-Lucent has a success story to tell. Its stories, references and activities in Africa in 2012 is a lesson for many other organizations who what to make it big on the continent. In a recently published document Alcatel-Lucent shares references, successes, achievement and activities in Africa; as well as vision of African […]
Company expands presence in growing African market Dubai, UAE – WD, a Western Digital company, has appointed Nairobi-based Mitsumi Distribution as its new partner for Africa. With this tie up, WD further strengthens and extends its global footprint by specifically catering to rising demand from Africa’s growing storage market. Enterprise and home users alike […]
Standard Bank Group, as mandated lead arranger and bookrunner, has closed a US$550,000,000 syndicated bank guarantee and bridge facilities for Shoreline Natural Resources. This is one of the largest finance deals completed in Nigeria so far in 2012. Shoreline has used the facility to acquire 45% in OML 30, an oilfield in the Niger Delta […]
By Thandisizwe Mgudlwa EA has appointed Nazara Technologies to be their premier distributor of Mobile Games in Africa. And Nazara Technologies and EA leverage an existing relationship to maximize availability of high end games to mobile phone users across 49 countries in Africa. The announcement came from Dubai in the United Arab Emirates. Nazara Technologies […]
by Wallace Mawire The Southern African Development Community (SADC) initiatives on harmonization of seed policies are at an advanced stage with only a few countries still to sign the Memorandum of Understanding (MOU). The initiatives are being conducted under the Food, Agriculture and Natural Resources Policy Analysis Network (FANRPAN) Harmonized Seed Security Project. According […]
EAOGS October (MS word) Momentum is building towards the East Africa Oil and Gas Summit as market drivers TULLOW, NOC KENYA, PETROBRAS, HALLIBURTON, EXXON, ANADARKO, WEATHERFORD, FUGRO, TOTAL SA, AFREN, CHASE, BERTLING, ECO BANK, CCC, IMARA ENERGY, SIMBA, NILEPET, OPHIR and YOKAGAWA all signed up as delegates this week to attend the Ministers’ Official […]
IBM’s pro bono consultation also recommends strategy to improve air travel, tourism and education DAR ES SALAAM, Tanzania, Oct. 10, 2012 /PRNewswire/ — A team of IBM (NYSE: IBM) experts today presented recommendations to the Tanzanian government for improving the timeliness and availability of information needed by farmers to grow crops more successfully, feed […]
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