Tanzania: Latest News
Staff, 8:19 am
Innovators recently converged in Dar es Salaam to discuss issues ways of supporting the creation of smart cities. Organized by the Dar es Salaam-based Sahara Sparks, the event discussed ways by which innovators can contribute towards improving Tanzania’s environment. “We are looking at ways of changing practices in the real estate and informal housing sector and this will directly improve the standard of living by providing settlement options for people,” Sahara Sparks’ Jumanne Mtambalike said.
Peter Pedroncelli, 5:11 am
Malaysian subscription streaming video service iflix, which is focused on emerging markets, has announced the creation of iflix Africa to bring its service to sub-Saharan Africa while taking on the likes of Netflix and Showmax in the region. The video-on-demand service is planning to launch its service in South Africa during the third quarter of this year, before expanding into other parts of Africa. The current expansion plan includes the launch of services in Nigeria, Ghana, Kenya, Tanzania, and Zimbabwe, with iflix Africa taking the company’s global footprint to 23 territories.
Peter Pedroncelli, 7:44 am AFKI Original
Internet penetration continues to be a challenge in Africa, but there are success stories throughout the continent, with the number of internet users growing consistently. East Africa is a positive story within this context, with a few countries from this region appearing in the list, while the continent’s biggest economy, as well as the most developed economy, feature prominently on the list. Here are the 12 African nations with the highest number of internet users.
Peter Pedroncelli, 8:25 am AFKI Original
Tech companies continue to inspire Africa and Africans through their unique service offering to the continent and the way in which they enhance people’s lives. From renewable energy to telecoms and other tech firms, African consumers are benefiting from a growing tech sector throughout Africa, and certain companies are making waves as inspirational businesses contributing to better lives for the people they serve. Here are 12 tech and telecoms companies that continue to inspire Africa.
Kurt Davis Jr., 10:55 am AFKI Original
Many African economies could use an infusion of cash into their agricultural markets at the exchange entry point. Liquidity is vital to further stimulate market activity in Africa, especially in the agriculture sector, where 70 percent of Africans make a living. Many African countries do not have agricultural commodity exchanges (or any active trading market) and effectively lack the liquidity and incentive to spur more cash inflow and investors into the sector.
Peter Pedroncelli, 3:26 am
Google and three strategic partners have committed to investing a combined $100 million in a broadband infrastructure project to benefit African cities, with fast and reliable internet capabilities in the pipeline. The agreement signed between the four investors sees the creation of a new entity known as CSquared, which will operate as an independent company and will be based out of offices in Nairobi, Kenya.
Peter Pedroncelli, 6:38 pm AFKI Original
Africa remains a continent with great investment potential, and African economies continue to make efforts to attract investors from around the globe. With a population of over one billion people and rapidly growing middle class, Africa offers significant opportunities to invest in the continent’s non-commodities sectors such as financial services, construction, and manufacturing, amongst others. Here are the 12 most attractive African economies to invest in for 2017.
Peter Pedroncelli, 5:36 am AFKI Original
African entrepreneurs continue to be the a positive influence on economies and communities across the continent, as they strive to make their businesses work and solve problems experienced by fellow Africans. Successful entrepreneurs have a great deal of wisdom to share with others, and often employ revolutionary tactics or a specific mindset in order to bring their ideas to life. Here are 12 revolutionary tactics and mindsets employed by African entrepreneurs in their own words.
Kurt Davis Jr., 5:03 pm AFKI Original
The story line in 2017 is buy undervalued assets, especially those with massive upside — no surprise. The surprise, however, may be looking for that opportunity in the Democratic Republic of the Congo. Kabila is still in power despite his term of office ending. Mineral prices have been low and hurt local mining companies. Budget cuts are a big topic in local politics. The DRC, like one or two other countries on this list, is worrisome on the surface. But there are opportunities in the government’s desire to strengthen private-sector investment.
Peter Pedroncelli, 3:20 am AFKI Original
The United States provides foreign aid that benefits numerous African recipients, with over $43 billion of total obligations going to 222 countries around the world in 2015. Much of this goes to assisting countries in sub-Saharan and North Africa, with USAID funding countless programs for the good of people within those nations. We take a look at the 12 biggest African recipients of foreign aid from the United States.
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