MARKETS & CAPITAL

Benjamin Fernandes Says America Closed the Door That Built His Dream. East Africa Should Pay Attention.

Benjamin Fernandes has spent a decade building exactly the kind of success story America has histori...

Sep 3 11 min

MARKETS & CAPITAL

SabaSaba at 50: Can Tanzania's Biggest Trade Fair Become East Africa's Most Important Business Marketplace?

SabaSaba has grown into East Africa's largest annual trade exhibition, but size and attendance are n...

Jul 2 9 min

MARKETS & CAPITAL

NALA Has Secured USD 50 Million From Liquidity and MUFG-Backed Mars Growth Capital. The Tanzanian-Born Company Is No Longer Building a Remittance App. It Is Building the Rails That Money Moves On.

Benjamin Fernandes, Tanzanian entrepreneur and Y Combinator alumnus, has secured a USD 50 million fi...

May 28 14 min

MARKETS & CAPITAL

Air Tanzania Resumes Moscow Flights Less Than 24 Hours After Suspension

Air Tanzania has reversed its decision to temporarily suspend flights between Dar es Salaam and Mosc...

Sep 5 2 min

MARKETS & CAPITAL

Air Tanzania Suspends Moscow Flights Amid Rising Ukraine Drone Threat. It Is The First Airline To Do So

Air Tanzania has suspended its Dar es Salaam to Moscow flights from September 4 following a routine ...

Sep 4 2 min

MARKETS & CAPITAL

Italian Carrier Neos Has Launched Direct Flights to Kilimanjaro International Airport. Its Maiden Flight Landed Today With More Than 210 Tourists on Board.

Italian carrier Neos landed its maiden direct flight at Kilimanjaro International Airport on Wednesd...

Jul 15 3 min

MARKETS & CAPITAL

China Has Quietly Built a New Financial Corridor Across 19 African Countries. For East and Central Africa, the Implications Go Well Beyond Banking.

The People’s Bank of China has authorised Standard Bank Group and ICBC to jointly operate the Renm...

Jun 30 11 min

MARKETS & CAPITAL

Victory Attorneys and Exodus Advisory Have Launched Tanzania's First Integrated Private Wealth Management Desk. Here Is What It Does and Why It Matters Now.

Victory Attorneys & Consultants and Exodus Investment Firm have announced the formal establishment o...

Jun 24 7 min

MARKETS & CAPITAL

Spiro Raises USD 215 Million to Electrify Africa's Most Important Vehicle. The Bodaboda.

Spiro has raised USD 215 million in equity financing from institutional investors including Denmark'...

Jun 1 13 min

MARKETS & CAPITAL

Diageo Is Selling East Africa's Largest Beer Business. Asahi Is Paying USD 4.8 Billion for Over a Century of Brand Building.

Diageo has agreed to sell its 100% shareholding in Diageo Kenya Limited, which holds a 65% stake in ...

Jun 1 14 min