Tanzania, Burundi Sign US$2.2 bn SGR Deal with Chinese Firms
The Tanzania Railways Corporation has signed a US$2.154 billion agreement to construct a 282 kilometre standard gauge railway (SGR) from Uvinza to Musongati. The improvement of services at the Port [...]
Tanzania to Roll out New Banknotes in February
Tanzania is set to roll out new banknotes in February, as part of ongoing currency reforms that also include the ongoing withdrawal of shilling notes issued from 1985 to 2003, [...]
Tanzania Confirms First Marburg Virus Case in Two Years
Tanzania has confirmed that a patient from Kagera region, which borders Uganda, Rwanda, and Burundi, has tested positive for the Marburg virus disease. “We have resolved to reassure the general [...]Encryption Takes Centre Stage in Zanzibar’s Data Protection Strategy
While some countries struggle with managing the onslaught of cyberattacks, Zanzibar has taken a proactive step toward securing online activities both for tourists and citizens. Data is the world’s new [...]
Kenya's Mawingu Acquires Arusha-based Internet Service Provider Habari for KSh. 1.9bn
Mawingu Networks, a Kenyan Internet Service Provider (ISP) has acquired Habari, an Arusha-based ISP, for KSh 1.9bn. “This acquisition, along with an additional $15 million of financing, will enable Mawingu [...]Zanzibar Launches National Blockchain Network Sandbox for Global Innovators, Corporates, and Governments
The day has finally come where developers from across the globe can build on its National Blockchain Network (NBN) through its sandbox. “We are incredibly excited to announce the official [...]Zanzibar Develops Blockchain Sandbox to Support Tech Startups
The government of Zanzibar has created a blockchain sandbox program where innovative startups can experiment before upscaling. “The primary objective is to create a conducive environment for the development of [...]Tanzania's Central Bank Tightens Regulations on Digital Lenders
The Bank of Tanzania (BoT) has published regulations to protect borrowers from abusive digital lending practices of tier-2 microfinance institutions, as well as improving transparency in the sector. A microfinance [...]Three Companies Win US-Tanzania Tech Challenge
JamiiForums, Smart Foundry Ltd, and The Launchpad Tanzania, have won the US-Tanzania Tech Challenge, the United States Embassy in Tanzania said in a statement on Friday. Partnering like we are [...]
Sandbox Regulations to Ease Tanzania's Fintech Penetration Approved
The Bank of Tanzania has been lauded for its commitment to reduce regulatory burdens for financial startups in the country, after introducing a sandbox regulation framework for pilot innovators. These [...]Tanzania Steps Up Dollar Control to Save Local Currency
In its latest move to limit transactions using the dollar, the Tanzanian government has ordered all visiting tourists to pay fees and park charges using the Tanzania shilling. All tourism [...]NALA Raises US$ 40mn in Series A Funding
Tanzania-based fintech, NALA, has raised about US$ 40 million in its Series A round as the remittances platform seeks to establish a new B2B product. This $40 million funding round [...]
