Market News

  On the evening of Friday 27th January 2017, members of the business community in Tanzania gathered at the Hyatt Regency Hotel to celebrate the most accomplished businesses of 2016. The event was the Tanzania Leadership Awards (TLA), which honors successful businesses that range from cong . . .

Off Grid Electric, African startup is lighting up rural regions of Tanzania and Rwanda capitulating both commercial success and life-transforming outcome for the beneficiaries.   The company is supported by Elon Musk’s SolarCity, one of the major solar energy suppliers in the US, and He . . .

 Africa is currently home to five of the fastest growing economies in the world. According to a global study, the continent's economy is forecast to grow to $2.6 trillion in 2020 from $1.6 trillion in 2008, fuelled by booms in mining, agriculture and development of ports, roads and other infras . . .

 At a time when struggling Turkish exporters are looking for ways to diversify their target markets, Africa is poised to become the new frontier market for Turkish firms as they position themselves to become major stakeholders in the region’s rapidly growing industries. Africa has record . . .

 The Japanese company has revealed that it is setting up a subsidiary in the East African country, with plans for a solar panel assembly plant.   It will officially open the subsidiary, Koyo Bussan Tanzania, in Dar es Salaam this week, according to an online statement.   It did no . . .