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Africa Business News

Tanzania United Republic Of Tender and Business News

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.

5 African Economies Show High Promise for Belt and Road Investments

According to a new report by Baker McKenzie and Silk Road Associates, China's Belt and Road Initiative (BRI) is increasing BRI-related projects with up to US $350 billion over the next five years. Kenya, Tanzania, Ethiopia, Djibouti and Egypt are among the major African economies which may benefit from this substantial investment.

Hyatt Plans to Add Six New Hotels In Africa by 2020

Chicago-based Hyatt Hotels & Resorts just announced plans to double the number of Hyatt Hotels in Africa by 2020. That will bring six new hotels in total in Africa, including ones in Algeria, Cameroon, Ethiopia, Tanzania, Senegal and Marrakech.

Direct Selling Agency QNET Opens Branch in Tanzania

Hong Kong-based QNET (www.QNET.net), a player in the US $200 billion global direct selling industry, announced it is entering the Eastern African direct selling sector with its first local agency in Tanzania.

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