Tanzania: Latest News

  • Magufuli Effect: Foreign Investors Pulling Out Of Tanzania Due To Higher Taxes

    By Kevin Mwanza, 8:44 am

    Foreign investors in Tanzania are considering pulling out of the nation or expanding operations into other countries due to higher taxes introduced by President John Magufuli in efforts to drive the economy by cracking down on revenue evasion and corruption. Magufuli’s government has already increased taxation on mobile money transfers, banking, and tourism and cargo transport service providers.

  • 10 Things You Didn’t Know About Fidel Castro’s Relationship With Africa

    By Kevin Mwanza, 9:11 am AFKI Original

    Fidel Castro was a revolutionary leader and president of Cuba from January 1959 to February 2008 when he formally ceded power to his younger brother, Raul Castro, due to his ailing health. During his stay in power, Castro enjoyed good relations with African leaders and liberation activists such as the late Kwame Nkrumah of Ghana, Nelson Mandela of South Africa, Julius Nyerere of Tanzania and Augustinho Neto of Angola.

  • Why Connectivity Is Key To African Growth

    By Tom Jackson, 6:56 am AFKI Original

    A recent McKinsey report on “digital globalisation” found flows of data and information now generate more economic value than the global trade in goods. Essentially, this means that an industry that did not exist 15 years ago is now bringing in more value to a country’s Gross Domestic Product (GDP) than the centuries-old trade in goods. That is quite something.

  • Can Solar Micro-Grids Transform The African Grid?

    solar power purchase agreements By Staff, 7:13 am

    Nearly 100 million people are now on the first steps of the energy ladder thanks to the rapid deployment of solar home systems in poor communities across the world. That’s incredible progress that marks the beginning, not the end, of clean energy access. With increasing attention being paid to the missing middle excitement about the opportunity to end energy poverty is palpable.

  • AfDB Approves $10M Equity Investment In TIDE Africa Fund

    emerging market capital flight By Kevin Mwanza, 8:52 am

    African development Bank (AfDB) approved a $10 million equity funding to boost Information and Communication Technology (ICT)-driven production and growth in six sub-Saharan Africa countries. The Technology and Innovation in Developing Economies (TIDE) Fund 1 will invest in companies that use new technology to provide affordable services in the energy, agribusiness, financial, education and healthcare sectors

  • African Govts. Holding $2B Revenue Owed To Foreign Airlines

    By Kevin Mwanza, 7:07 am

    The African Airlines Association (AFRAA) urged African governments to release about $ 2 billion in revenue owed to foreign carriers to avoid suspension or shut-down of operations on the continent. The pan-African body said that the Angolan, Nigerian, Egyptian and Sudanese governments have blocked repatriation of the earnings, which has also contributed to the turbulent market faced by several airlines.

  • Mapping The Tech Ecosystem At Africa’s Biggest Startup Event

    By Tom Jackson, 4:41 am AFKI Original

    Last year, the annual AfricaCom conference in Cape Town finally got serious about startups, launching the co-located AHUB event to bring together entrepreneurs, investors and other stakeholders from across the continent. The event took place for the second year last week, bigger and better, and allowing the ecosystem to join together to map the sector’s progress and discuss obstacles.

  • Opinion: Lesson For Africa On The Women’s Vote From The U.S. Election

    By Staff, 7:10 am

    scrutiny continues to mount on the various factors that led to his taking the vote. One of the more poignant factors was the role women played, spurning Hillary Clinton. This, despite allegations of Trump’s sexual misconduct and that, by electing him, women’s and minority’s rights were under threat. Let me start with the minority voters. A much shared YouTube video shows Nigerian writer, Chimamanda Ngozi Adichie, dismantling apologist arguments

  • 16 Entrepreneurs Vying For The Africa Prize For Engineering Innovation

    By Dana Sanchez, 1:26 pm AFKI Original

    Ugandan engineer Brian Turyabagye designed a biomedical smart jacket to quickly and accurately diagnose pneumonia, which kills 27,000 Ugandan children under the age of 5 every year. Most of these cases are due to pneumonia being misdiagnosed as malaria. He’s one of 16 African engineers who’ve come up with problem-solving innovations that got the attention of private and public stakeholders in the U.K. The 16 engineers are in the U.K. for 6 months of mentoring. They’re vying for a $30,000 prize.

  • Uganda’s Gorilla Baby Boom Gives Hope To An Endangered Species

    dangerous jobs in Africa. By Kevin Mwanza, 6:05 am

    Mountain gorillas, one of the world’s most endangered species, received a boost in Uganda after the nation’s wildlife conservation agency discovered three new-born in as many months, adding to the growing population after years of decline in its population. Uganda Wildlife Authority (UWA) made the discovery on Friday morning in the Bwindi Impenetrable Forest National Park

More Headlines