News and opinion on public works procurement
Tanzania’s Central Bank is responding to the ICT era by targeting to introduce a mobile platform that will capture retail investors. The Bank of Tanzania (BoT) is planning to introduce a mobile platform that will enable retail investors to apply for and trade treasury bills and bonds. The central bank said the platform is expected […]
As the world embraces 5G technology, Kenya is not ready to be left out. The country is readying to be part of the new communication era. The Communications Authority of Kenya, (CA), recently hosted the second Stakeholder Sensitization Workshop on Decisions of the World Radiocommunication Conference 2019 (WRC-19), to deliberate on the adoption and roll-out […]
An Africa tech company, VC firm TLcom Capital, closed its Tide Africa Fund at $71 million in February and is now focusing to invest 12 startups in the next 18 months. The group — with offices in London, Lagos, and Nairobi — is looking for tech-enabled, revenue-driven ventures in Africa from seed-stage to Series B, […]
In a bid to keep up with the ever improving digital world, Uganda has stepped up efforts to upgrade its infrastructure with a plan to secure at least $150 million. The government of Uganda has since approached China to partner on the initiative. Uganda has set its request on the table to borrow USh550 billion […]
Tanzania has secured USD 1.5 billion in financing from Standard Chartered Bank Tanzania to build a railway from Dar es Salaam to Matukopara. The Tanzanian Finance and Planning Ministry and Standard Chartered Bank Tanzania said that the loan, which was coordinated by the bank, was the largest ever raised by the ministry. The main funders […]