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Africa Business News

Tanzania United Republic Of Tender and Business News

African Financial Fund Receives $10M Investment from AfDB

The Africa Financial Sector Deepening Fund, a financial instrument designed to strengthen the capital base of local financial institutions and stimulate Africa's corporate bond market, just received a US $10 million investment from the African Development Bank.

Tigo Pesa Receives GSMA Mobile Money Certification

Tanzania-based Tigo Pesa, a mobile money transfer service, just received the GSMA Mobile Money certification. Tigo Pesa is one of the few mobile financial services providers which has achieved this.

Ruaha Energy Signs Power Purchase Agreement for Solar Facility in Tanzania

Ruaha Energy Company, a Tanzanian developer of small power project mini-grids, has signed an agreement with Tanzania Electric Supply Company Limited (TANESCO) for delivery of 0.95 megawatt (MW) of power to the main grid from Ruaha’s facility in an industrial area in the heart of the new Kilosa Town.

IATA Launches Single African Air Transport Market Push

As a part of the African Union (AU) initiative, the International Air Transport Association (IATA) has announced the launching of the Single African Air Transport Market (SAATM) with the goal of opening up Africa's skies and improving intra-African air connectivity.

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