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Tanzania Related News

Tanzania emerges as a hub of African entrepreneurial success

Jessica is a business and finance writer, focusing on impact investing, social entrepreneurship and economic development. She previously reported for financial publications covering the global private equity, real estate and insurance markets.

From impactalpha.com

Tanzania: Why Capital Markets Matter in Current Environment

The African Union (AU), Agenda 2063 ... Furthermore, development of the capital markets can help create new kinds of institutions through equity investments, such as private equity funds and venture capital funds, that eventually help broadening the ...

From AllAfrica

AIIM acquires majority stake in DSM Corridor Group Tanzania

African Infrastructure Investment Managers (AIIM), a leading African infrastructure equity investment manager and member of ... impact on economic and social development in our core markets.” DCG and APCH CEO, Erik Kok, says; “We are very pleased ...

From Mining

Catalyst Principal Partners acquires majority stake in Tanzanian pharma company for $125M

Catalyst Principal Partners, a leading East African focused private equity firm, has acquired a controlling stake ... and prescription medicines for the Tanzanian market, with leading brands including Zenadol, Zenkof, Zn-Vital and Dr. Cold.

From africanbusinesscentral.com

Private equity firm buys Tanzania’s generic drug maker Zenufa for undisclosed price

Catalyst Principal Partners, a private equity firm focused on East Africa, has picked up Zenufa Laboratories ... of over-the-counter and prescription medicines for the Tanzanian market, and was the first facility in the country to be certified as ...

From FiercePharma

Equity Bank tops as mortgage lender in Tanzanian market

Equity Bank Tanzania was the market leader in home loan financing in the second ... This is lower than that of its East African counterparts but growing at an accelerated pace. Mortgage debt advanced by the country’s top 5 lenders accounts for 67 ...

From exchange.co.tz

Equity Bank dominates mortgage lending in Tanzania

Equity Bank Tanzania was the market leader in mortgage financing in the second quarter ... This is lower than its East African neighbouring countries but growing at an accelerated pace,” the BoT report reads in part. Mortgage debt to GDP ratio stood ...

From Business Daily Africa

Tanzania: Equity Market Gains As Tax Worries Recede

Dar es Salaam — The Dar es Salaam Stock Exchange (DSE) ended on a high note last week, raising hopes that the new financial year could stimulate trading activities at the 20-year-old equity market. Despite a reduction in the number of trading days ...

From AllAfrica

Tanzania: Investment Into Equity - Give It a Try

This is a positive indication that small and medium income level investors are taking keen interest into the equity market. But for most 'investment into equity' still remains a forbidden world. Why so, let us explore further. It has always been a ...

From AllAfrica

East Africa: Tanzania's Bank M to Cross-List On Dar, Nairobi Stock Markets

Equity, CBA, NIC Bank, DTB and I&M Bank. It has a deposit base of Ksh31.8 billion and a loan book of Ksh33.5 billion. Oriental Commercial Bank is classified as a small lender by the CBK and was formerly Delphis. Copyright © 2016 The East African.

From AllAfrica

Kenya: Tanzanian Bank Set for Debut in Kenya Market

"We have been successful in a market which has over 50 banks in Tanzania ... at least seven Kenyan banks operate in Tanzania including Equity bank, KCB, NIC bank, Commercial Bank of Africa, I&M, Bank of Africa and Diamond Trust Bank.

From AllAfrica

Tanzania: Market Data Review - Why Companies Should Opt for IPO As Exit Route

In fact a recent report by Deloitte Survey - Africa Private Equity Confidence Survey 2015 ... have invested in due to difficulties of getting a right buyer in the private market. For particular reasons as indicated in the last paragraph, that is why ...

From AllAfrica

Tanzania: More Cash Injected Into Equity Market

Dar es Salaam — The Dar es Salaam Stock Exchange (DSE) total turnover advanced by 214 per cent during the week ending February 5, 2016 as investors started injecting their cash into the equity market with new vigour after completing their year-end and ...

From AllAfrica

Tanzania: Market Data Review - Financial Market Diversification: Wish List for 2016

This phenomenon crashed many African currencies and spillover into economic growth ... That is what we currently observing where global equity markets have not been performing so well in these past few days following fears related to China's economic ...

From AllAfrica

Tanzania: Market Data Review - Financial Market Diversification - Wish List for 2016

This phenomenon crashed many African currencies and spillover into economic growth ... That is what we currently observing where global equity markets have not been performing so well in these past few days following fears related to China's economic ...

From AllAfrica

Equity, HFC get Sh10bn from European bank for SME lending

READ: EIB picks Equity, Bank of Africa for Sh21bn loaning to East African SMEs ALSO READ: European lender to announce Sh27bn funding for small businesses Under the Equity kitty, Sh3.96 billion is for Tanzania, Sh2.2 billion for Democratic Republic of Congo ...

From Business Daily Africa

Equity Bank opens Zanzibar branch in an expansion drive

You have stayed true to your vision of being the champion of the socio-economic prosperity of the people of Africa by introducing ... be a great offering for the tourist market here in Zanzibar,” added Mr. Iha. Equity Bank Tanzania is the only bank ...

From techmoran.com

Africa’s Solenta Aviation acquires 28% of fastjet

Johannesburg-based Solenta Aviation Holdings is to acquire 28% of African low-cost carrier (LCC) fastjet as part of a $48 million equity deal ... chairman Nico Bezuidenhout said in a Jan. 5 stock market disclosure. Fastjet launched operations in Tanzania ...

From Air Transport World

East African capital markets to stay weak for longer

“The equity markets were depressed during the year and it is projected ... Vodacom Tanzania, part of South Africa’s Vodacom Group is also in advanced stages to list ahead of the December 25 deadline for all telcos to list at least 25 per cent of ...

From asokoinsight.com

Solar-Powered Irrigation Kits Help Small-Scale African Farms

A U.S. startup that sells solar-powered irrigation kits to small-scale farmers in Kenya plans to expand in East Africa, where regular droughts ... access to finance and a steady off-take market. It plans to take operations into Tanzania, Uganda and Rwanda ...

From Ag Web

Bowmans Kenya advises ARM Cement on largest equity deal in East Africa

A team of specialist corporate lawyers at Bowmans Kenya has been involved in the largest equity deal in Kenya and East Africa in 2016 ... banking & finance, capital markets, real estate, mining, competition, employment and Tanzania law aspects of the ...

From africabusinesscommunities.com

Kenya’s ARM Cement raises $140m equity financing from the CDC Group to meet demand

ARM was advised by Bowmans Kenya, the largest equity deal in Kenya and East Africa in 2016, and one of the largest equity ... banking & finance, capital markets, real estate, mining, competition, employment and Tanzania law aspects of the deal.

From techmoran.com

Safaricom head hunts Equity chief in battle for mobile cash

Safaricom has hired former Equity ... Africa — the group’s mobile virtual network operator (MVNO) — was partnering with telecoms in Uganda, Tanzania, Rwanda, South Sudan and the Democratic Republic of Congo to launch Equitel in these markets.

From Business Daily Africa

How to build a bridge to Africa

Israeli companies have found that each project is unique, equity is hard to attract ... The workshop focused on ways to develop access to capital markets for east African counties, including Kenya, Uganda, Tanzania, Mauritius. Through the use of financial ...

From The Times of Israel

Kenya: Equity Group to Introduce Equitel in Regional Markets

Equity Group plans to introduce its mobile platform Equitel to all markets where it operates. The firm is partnering with telcos in Uganda, Tanzania, Rwanda, South Sudan and the Democratic Republic of Congo to roll out Equitel in those markets. Equity ...

From AllAfrica

Who’s doing what in the South African M&A space?

This is the second acquisition made by the fund in the UK hospitality market ... Gulf Africa Petroleum’s assets in Kenya, Uganda and Tanzania. These assets will complement Total’s existing assets in these countries. Mauritius-based MCB Equity Fund ...

From Moneyweb.co.za

Kenya: Biggest Local Bank poised to cherry-pick Barclays Africa’s assets

Kenya’s biggest bank, Equity Bank, has declared interest in buying parts of Barclays Africa’s operations ... fair franchise in Uganda and Tanzania. Those are markets that we have ambition to be in or where we have presence and since we want to increase ...

From cp-africa.com

Equity Bank may be interested in parts of Barclays Africa - CEO

NAIROBI (Reuters) - Equity Bank, Kenya's biggest bank by deposits, may be interested in buying parts of Barclays' Africa business ... mainly driven by profit from regional markets. Alongside Kenya, Equity has operations in Uganda, Tanzania, South Sudan ...

From 7 News Yahoo

African Development Bank : Dr. Frannie Leautier appointed as Senior Vice-President of the African Development Bank Group

A citizen of Tanzania, Dr. Frannie Leautier is currently Chairperson and Co-Founding Partner of Mkopa Private Equity Fund ... energy in developing and emerging markets. She was appointed Executive Secretary of the African Capacity Building Foundation ...

From 4 Traders

Equity Bank may be interested in parts of Barclays Africa - CEO

NAIROBI (Reuters) - Equity Bank, Kenya's biggest bank by deposits, may be interested in buying parts of Barclays' Africa business ... mainly driven by profit from regional markets. Alongside Kenya, Equity has operations in Uganda, Tanzania, South Sudan ...

From Yahoo Finance

Smile, Leading 4G LTE Innovation in Africa

This follows Smile's announcement in September 2015 of the raising of USD365 million of debt and equity funding ... network in the 800MHz band (ITU "band 20") in the East African market, starting in Dar es Salaam, Tanzania and then Kampala, Uganda.

From GlobeNewswire

Kenya among hotspots in Africa for private equity in 2016 — survey

Kenya is one of three top markets on the continent that international private equity firms will be looking to enter this year through mergers and acquisitions. In East Africa, Tanzania took second position after Kenya, followed by Uganda and Rwanda.

From Business Daily Africa