Tanzania
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Start-ups
Chipper Cash Receives License to Provide Money Transfer Services in Malawi
The license was issued by the Malawi Communications Regulatory Authority (MACRA), in accordance with Section 39 of the East African…
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Transportation
Uber Resumes Operations in Tanzania After 9 Months
Following the government’s regulatory changes that were enforced effectively from April 2022, the ride-hailing giant, Uber embarked on a long…
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Transportation
Uber, Bolt Drivers Hope for Increased Earnings Foiled as Tanzania Reinstates 25% Commission
Hardly a year after Tanzania capped the commissions that e-hailing firms like Uber and Bolt charge their partners at 15%, the authority…
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Funding
Tanzanian Retail-Tech Startup Secures $32m in Series A Funding
Ramani, a Tanzanian software-as-a-service (SaaS) startup, has received a $32 million Series A debt and equity round headed by Flexcap…
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Tech
Built Financial Technologies, Tunza Fintech, Hisa and Others Selected by Startup Wise Guys for The Next Round of Investment
Startup Wise Guys (SWG), Europe’s most experienced startup accelerator and one of its most active investment funds, has selected the second…
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Funding
Proparco Supports CRDB Bank’S Commitment Towards MSMES In Tanzania
Through a credit line and portfolio guarantees amounting to a TZS182 billion (USD $81.3m) commitment, Proparco will help boost CRDB…
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Fintech
Tanzanian Fintech NALA Raises $10M Seed To Build Revolut For Africa
NALA, a Tanzanian cross-border payments company that recently pivoted from local to international money transfers, said Thursday it has raised…
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SME Health Providers In Five African Countries Get US$30m Funding From Health Finance Coalition
AFRICA – Private and small- and medium enterprise (SME) health providers in five high malaria burden African countries are set to…
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Business
Farm To Market Alliance Secures More Funding From Norwegian Government
ZAMBIA – The Norwegian government is planning to invest US$17 million in the development of agricultural markets for 600,000 smallholder farmers…
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Fintech Firm JUMO Gives US$2.5b Credit To Their Markets In Africa And Asia
AFRICA – Fintech firm JUMO, has extended over US$2.5-billion in credit in their six markets in Africa and Asia. A statement released by the company says…
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