EMerging Equity
Tanzania
Africa: India Expressed Interest To Invest In Tanzania’s Intracity Rail Network Project
“Tanzania is seeking funding from India to build a metro rail network in its commercial capital, Dar es Salaam, the president’s office said in a statement on Saturday,” Reuters reports. Dar es Salaam (literally “The residence of peace”), formerly Mzizima, is Tanzania’s largest and richest city, the largest city in eastern Africa by population, and is … Continue reading
Building A Monetary Union In Africa
It’s like the European Union but for East Africa. By iMFdirect In this podcast by the IMF, find out how Uganda, Kenya, Tanzania, Rwanda and Burundi stand to benefit from the creation of the East African Community*. There will be a common currency as well as more trade and investment too. Will a union also expose them … Continue reading
Low Oil Prices Could Shake Up Africa’s Petro States
By Jill Shankleman One in five African states produce hydrocarbons, and most of these are heavily dependent on oil and gas revenues to finance their governments and generate foreign exchange. Further, an emerging group of East African states are waiting on international oil companies to develop new oil and gas reserves. But Africa’s record using … Continue reading
Moving On Up: The Growth Story Of Frontier Economies
By Min Zhu The growth story for frontier economies isn’t the same as China’s in the last two decades, or the United States a hundred years ago. These fast growing, low-income countries have their own story, and it’s not what you might think. In May of this year, I wrote about who they are and … Continue reading
Vietnam Viettel to Invest $1 bn in a 3G Mobile Network in Tanzania
Viettel, a Vietnam-based telecoms operator, plans to invest $1bn in a 3G mobile phone network in Tanzania. The mobile telecoms sector in east Africa’s 2nd biggest economy has grown rapidly over the past decade. The growth has been driven by demand for 3G mobile services. In Tanzania there are about 29m mobile users, according to the country’s telecoms … Continue reading
Tanzania And China Ink $1.7 Billion In Investment Deals
Tanzania and China have inked more than $1.7 billion in investment deals as Beijing deepens ties with East Africa, Reuters reported on Saturday. Tanzanian President Jakaya Kikwete said in a statement on Friday that the money from the deals will be used to develop infrastructure, power distribution, and business cooperation. Among the deals signed are … Continue reading
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