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Africa Business News

Tanzania United Republic Of Tender and Business News

Conflicts No Longer Always End Up In War in Modern Africa

When countries in Africa clashed in the past, there was little in the way of alternative to war and inter-tribal battles. Softer approaches to conflict resolution are now replacing that, starting with the border regions in Eastern Africa.

Air Tanzania Picks StandardAero to support Bombardier Q400 fleet

Air Tanzania, the flag carrier airline of Tanzania , has selected StandardAero, a maintenance and overhaul provider based in Scottsdale, to provide maintenance and engineering services for the Pratt & Whitney Canada PW150A engines, powering the flag carrier’s fleet of three Q400 regional turboprops.

Africa's Hotel Sector to See Steady Growth Over Next Five Years

According to a new report by PwC regarding Africa's hotel sector, the increase in both foreign and domestic travelers on the continent over the next five years, plus the increase in the number of hotel chains there, should continue to support strong growth in the hotel sector for the next five years.

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.

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