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…
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…
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…
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…
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…
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…
Nairobi, Kenya – The Central Bank of Kenya (CBK) maintains and regularly updates a public directory of all licensed Digital Credit Providers (DCPs) in a move to enhance transparency and consumer protection within the rapidly growing digital lending sector. This directory serves as a crucial resource for consumers, researchers, and publications seeking to verify the legitimacy of digital lenders…
DAR ES SALAAM, Tanzania – June 12, 2025 – Tanzania has launched an ambitious new strategy to industrialize its agricultural backbone, uniting public and private sector forces in a landmark partnership aimed at boosting food security, creating a new generation of entrepreneurs, and positioning the East African nation as a competitive force in continental trade. A five-year agreement signed…
Airbnb in East Africa: Goldmine or Gamble? By John MWANGI As East Africa’s cities pulse with growth and digital platforms reshape industries, a burning question grips aspiring entrepreneurs: Is Airbnb a ticket to wealth or a risky bet? From Nairobi’s vibrant suburbs to Zanzibar’s historic Stone Town, the Airbnb wave is sweeping the region. But beneath the glossy listings…
Antony John Johannesburg, South Africa — The Vodacom Group’s latest executive appointment marks more than just a leadership shuffle—it signals a bold new chapter in Africa’s digital transformation. On June 3, 2025, Vodacom Group announced the appointment of Mohamed Abdallah as the Chief Executive Officer for International Markets and Vodafone Egypt. This strategic move places one of Africa’s most…