Latest News Tanzania
Consumer goods & Retail
18/01/2024 at 16h18, by Africa Business+
E-commerce: Start-up Badili raises $2 m for expansion in Southern and East Africa
A year after raising $1.9 million in pre-seed funding, the mobile phone refurbishment and upgrade platform...
Bank
18/12/2023 at 19h20, by Africa Business+
Tanzania’s CRDB receives $300m facility from US DFC
The bank, which has already received post-covid cover from the US, is at it again. This time, with more...
Development Bank
12/12/2023 at 15h56, by Pierre-Olivier Rouaud
Aqua Expeditions seeks $45m for luxury cruises in East Africa
The Singapore-based company, which already operates in the Amazon, Mekong and Bali, is looking to expand...
Commercial banking
06/12/2023 at 18h56, by Africa Business+
Ruth Zaipuna’s NMB Bank wins IFC backing for Tanzania’s first sustainability bond
The bond, first listed on 25 September, totals $400 million and is denominated in US dollars and shillings....
Agri-food industry
30/11/2023 at 16h32, by Africa Business+
Madhvani Group’s Kioo expands Tanzanian glass bottle factory
Kioo, the country’s only hollow glass manufacturer, is investing $60 million in its Dar es Salaam site....
Advisory
09/11/2023 at 16h07, by Africa Business+
Advisers to Hollard International’s acquisition of a stake in APA Insurance
The South African insurance group has acquired a 20% stake in the Kenyan company.
Bank
24/10/2023 at 16h45, by Africa Business+
CRDB, Tanzania’s leading bank, wins IFC support for the country’s first green bond
Approved by the market authorities in mid-August, the aim is to raise $300 million over time, of which...
Maritime transport
24/10/2023 at 16h12, by Africa Business+
AGL in line for port of Dar es Salaam extension
An exclusive from Africa Business+.
Mines
27/09/2023 at 15h03, by Africa Business+
Rostam Aziz and Tembo Gold: behind the scenes of Tanzanian tycoon’s new mining investment
Rostam Aziz, best known for his involvement in telecommunications, plans to invest CAD$11.5 million...
Renewable energies
25/07/2023 at 17h11, by Africa Business+
Trinity and Artelia advise Meridiam on Tanzanian renewable energy business acquisition
As part of its expansion in East Africa, the investment group has just acquired 100% of Rift Valley...
Hospitality & Tourism
24/07/2023 at 15h50, by Africa Business+
Tourism in Zanzibar: who are the experts from Steptoe & Johnson advising Pennyroyal at the ICSID against Tanzania?
Pennyroyal and its founder have launched an arbitration procedure to claim compensation after the government...
Mines
19/07/2023 at 15h30, by Africa Business+
Arbitration: the experts advising Indiana Resources, Winshear Gold and Montero Mining against Tanzania
Lawyer Timothy Foden is advising the three mining companies in the three cases brought before the International...
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