Launched in 2019 with support from Switzerland’s Fondation Botnar, the TangaYetu initiative aims to improve the health, education, and economic prospects for Tanga’s youth. Coordinated by Patrick Waziri, its first phase (2019-2024) has seen numerous projects targeting mindset change, entrepreneurship, sustainable livelihoods in fishing and poultry, educational enhancements, and urban renewal. As TangaYetu transitions into its second phase,…

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Tanga’s Youth-Led Revolution: A Blueprint for Urban Transformation In just four short years, the TangaYetu Initiative, a powerful collaboration between the Botnar Foundation and Tanga City Council, has ignited a profound transformation in Tanga. By channelling the boundless energy of its youth, the initiative is redefining the city’s future, proving that young people can be the master architects of…

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The recent announcement by the East African Development Bank (EADB) to inject TZS 63.2 billion into Tanzania’s financial sector is a timely and welcome step. This critical capital injection, which will support institutions such as TIB Development Bank, Azania Bank, and the Tanzania Mortgage Refinance Company (TMRC), is set to unlock credit for Small and Medium-sized Enterprises (SMEs), expand…

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Dar es Salaam, June 23, 2025 – In a significant move to stimulate Tanzania’s economy, the East African Development Bank (EADB) has signed three major financial agreements with leading financial institutions in the country, unlocking a total of TZS 63.2 billion aimed at supporting Small and Medium-sized Enterprises (SMEs), housing projects, and overall economic growth. Speaking during the signing…

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Nakuru – Africa is not just emerging; it is surging. A continent vibrant with the world’s youngest population, expanding consumer markets, abundant natural resources, and a digitally fluent generation, Africa stands as arguably the most compelling investment frontier of the 21st century. Yet, transforming this immense potential into tangible prosperity demands more than capital alone. Navigating Africa’s richly diverse…

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Nakuru, Kenya – In Africa’s rapidly evolving economic landscape, strategic partnerships are not just an advantage; they are often the bedrock of accelerated growth and sustainable impact. From tech startups to agricultural ventures, collaboration can unlock unprecedented opportunities, combining diverse resources, expansive networks, and invaluable expertise. However, the path to a successful partnership is rarely without its challenges. The…

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By 100Africa.com News Desk NAIROBI, Kenya – A new report from 100Africa.com has highlighted the 30 African nations most reliant on food imports from outside the continent, revealing a sharp and unsustainable increase in foreign-sourced food spending that now threatens Africa’s economic resilience and food sovereignty. The findings, derived from a comprehensive review of trade data between 2020 and…

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Dodoma: In a fiery exchange on X on June 12-13, 2025, Tanzania’s Finance Minister, Dr. Mwigulu Nchemba, and opposition leader Zitto Kabwe clashed over a proposed withholding tax (WHT) on retained earnings. Nchemba defends the tax as an anti-avoidance measure to ensure tax equity, while Kabwe calls it what it is: blatant double taxation that will choke Tanzania’s economic…

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1. Executive Summary This report provides an expert analysis of the Central Bank of Kenya’s (CBK) regulatory framework governing Digital Credit Providers (DCPs) and the broader category of Non-Deposit Taking Credit Businesses (NDTCBs). It examines the official directory of licensed entities and delves into the significant legislative and regulatory shifts that have shaped this dynamic sector. The Kenyan digital…

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