Latest News Tanzania
Commercial banking
06/12/2023 at 18h56, by Africa Business+
Ruth Zaipuna’s NMB Bank wins IFC backing for Tanzania’s first sustainability bond
The bond, first listed on 25 September, totals $400 million and is denominated in US dollars and shillings....
Agri-food industry
30/11/2023 at 16h32, by Africa Business+
Madhvani Group’s Kioo expands Tanzanian glass bottle factory
Kioo, the country’s only hollow glass manufacturer, is investing $60 million in its Dar es Salaam site....
Advisory
09/11/2023 at 16h07, by Africa Business+
Advisers to Hollard International’s acquisition of a stake in APA Insurance
The South African insurance group has acquired a 20% stake in the Kenyan company.
Bank
24/10/2023 at 16h45, by Africa Business+
CRDB, Tanzania’s leading bank, wins IFC support for the country’s first green bond
Approved by the market authorities in mid-August, the aim is to raise $300 million over time, of which...
Maritime transport
24/10/2023 at 16h12, by Africa Business+
AGL in line for port of Dar es Salaam extension
An exclusive from Africa Business+.
Mines
27/09/2023 at 15h03, by Africa Business+
Rostam Aziz and Tembo Gold: behind the scenes of Tanzanian tycoon’s new mining investment
Rostam Aziz, best known for his involvement in telecommunications, plans to invest CAD$11.5 million...
Renewable energies
25/07/2023 at 17h11, by Africa Business+
Trinity and Artelia advise Meridiam on Tanzanian renewable energy business acquisition
As part of its expansion in East Africa, the investment group has just acquired 100% of Rift Valley...
Hospitality & Tourism
24/07/2023 at 15h50, by Africa Business+
Tourism in Zanzibar: who are the experts from Steptoe & Johnson advising Pennyroyal at the ICSID against Tanzania?
Pennyroyal and its founder have launched an arbitration procedure to claim compensation after the government...
Mines
19/07/2023 at 15h30, by Africa Business+
Arbitration: the experts advising Indiana Resources, Winshear Gold and Montero Mining against Tanzania
Lawyer Timothy Foden is advising the three mining companies in the three cases brought before the International...
Renewable energies
03/07/2023 at 15h44, by Africa Business+
Axian to build €70m solar power plant in Senegal
Two years after setting up its energy division, Madagascar’s Axian Group continues to expand its renewable...
Bank
01/06/2023 at 17h43, by Africa Business+
NMB returns to IFC for $100m advance
The Tanzanian bank, partly owned by investment company Arise BV, needs funds to revive itself in the...
Maritime transport
19/05/2023 at 17h03, by Africa Business+
AGL overtakes Gulf competitors at Malindi container terminal in Zanzibar
Africa Global Logistics (formerly Bollore Africa Logistics) is hitting its stride and stepping up investment...
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