Tanzania: Latest News

  • 12 Female-Founded Tech Startups From Africa

    !nnovate is one of the female-founded tech startups in Africa, courtesy of Evelyn Namara. Photo - Pinterest By Peter Pedroncelli, 7:32 am AFKI Original

    Women have always been important role-players within the tech scene in Africa, and there have been an increasing number of female-founded tech startups emerging from the continent in recent years. While gender diversity in the tech sector remains an ongoing challenge, women are making their mark on a male-dominated industry by launching their own startups and achieving success. These women show what a passion for tech and strong leadership qualities can produce.

  • Twitter Lite Announces Launch In Africa

    Twitter By Staff, 7:22 pm

    Twitter has announced the release of Twitter Lite to 24 new countries including 6 African countries. South Africa, Nigeria, Algeria, Egypt, Tunisia, and Tanzania were the African countries selected as a part of the expansion. The announcement was made by Jesar Shah, the product manager at Twitter, via the company’s blog. Twitter Lite offer users a new mobile web experience that minimises data usage, loads quicker on slower connections, and is more resilient on unreliable mobile networks.

  • African Telecom Group Econet Wireless Considering London Stock Exchange Listing

    Econet Wireless founder Strive Masiyiwa. Photo: mg.co.za By Peter Pedroncelli, 4:42 am

    African telecommunications company Econet Wireless may be considering a listing on the London Stock Exchange at some point during the course of 2018. The company is allegedly considering the sale of shares on the English bourse to the value of around $8bn through a combination of new and existing assets. Econet Wireless has operations and investments throughout the world.

  • Opinion: Time For Distressed Asset Investing And Restructuring In Africa

    Mining provides distressed asset investing opportunities in Africa. By Kurt Davis Jr., 3:43 am AFKI Original

    The talk of distressed asset investing in Africa is growing. A total of $6.5 billion has been raised for African private equity from 2011 to 2016, according to the African Private Equity and Venture Capital Association (AVCA), with a total reported deal value over the same period of $22.7 billion for 900+ deals. In 2016 alone, 145 deals were reported totalling $3.8 billion. We explore the sectors offering the best opportunities for distressed asset investors.

  • 10 Global Tech Companies That Are Investing In Africa

    Google is one of many tech companies investing in Africa By Peter Pedroncelli, 7:43 am AFKI Original

    For many global tech companies, investing in Africa is a strategy for growth that is allowing them to tap into a growing market that is full of great potential. Tech companies from across various sectors are looking to Africa for growth, with the likes of Facebook, Google and Microsoft all putting their money into the continent. Whether they are investing in infrastructure, skills or the startup ecosystem, these tech companies are boosting economies and creating jobs.

  • Seedstars Africa Summit Bringing Together The Continent’s Best Tech Startups In December

    Seedstars Africa Summit - The Seedstars World Summit. Photo - Seedstars By Peter Pedroncelli, 4:30 am

    The Seedstars Africa Summit will be bringing together the best tech startup talent from around the African continent in December. The third annual Seedstars Africa Summit will take place on Dec. 14 in Mozambique, with all of the winners of the various Seedstars World competitions throughout Africa attending the event. Seedstars World holds these events in around 70 countries before winners are selected to take part in a grand final.

  • Betting On Sub-Saharan African Growth Favorites In A Strong 2018

    sub-Saharan African growth - Africa attractive to clothing brands By Kurt Davis Jr., 5:19 am AFKI Original

    The news last month from the International Monetary Fund (IMF) regarding sub-Saharan African growth has investors breathing a sigh of relief. The IMF expects sub-Saharan Africa to grow by 3.4 percent in 2018, up from the 2.6 percent in 2017. Some countries in particular are forecast to enjoy incredible growth in the region of 8 percent, with West and East Africa in particular looking attractive for investors.

  • Despite Online Media Growth, TV Still Contributes Significantly To African Consumer Spending

    ShowMax Growth By Staff, 6:16 am

    Although extensive research on media and consumer trends in Africa shows a growing transition of consumers and audiences away from traditional media towards online media, television remains a highly significant contributor to consumer spending. Geopoll have analyzed the top TV and Radio Stations in 6 African countries for Q3 2017, which runs from July through to September.

  • Startup Ecosystem Event Sparks Hope For Africa’s Tech Startup Future

    startup ecosystem - AfricaCom event in Cape Town. Photo - Knect365 By Tom Jackson, 12:16 pm AFKI Original

    Every year, the great and the good of African tech converge on Cape Town to network and discuss the key trends within the sector. Until 2014, startups were barely featured at AfricaCom, but that all changed with the launch of the AHUB that year. This year’s event saw pitches from the 20 startups taking part in the World Bank’s XL Africa accelerator programme, and the chance to experience companies of such quality was refreshing.

  • Why Pay-As-You-Go Solar Companies Are Raising Big Bucks In Africa

    pay-as-you-go By Tom Jackson, 5:02 am AFKI Original

    A number of African pay-as-you-go solar companies have attracted investment in recent times, and continue to grow at a fast pace. East African company M-KOPA Solar is amongst the best funded, and recently raised another $80 million to be used over the next three years to finance installations in one million homes, on top of the 500,000 already connected. But what makes solar companies in Africa so attractive to large-scale investors.

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