E-commerce company Wasoko partners Zanzibar’s government to launch innovation hub

ZANZIBAR – Wasoko, an e-commerce company leveraging innovative technology to transform the informal retail supply chain, has announced the official launch of the “Wasoko Innovation Hub” in partnership with the Zanzibar government. Located in Fumba Town, Zanzibar, the new Hub will focus on building world-class tech solutions that will drive Africa’s e-commerce industry for years to come, becoming home to…

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Kenya’s Basra Textiles launches US$51m factory in Zanzibar

KENYA – Kenya’s firm which focuses on making clothes, Basra Textiles Ltd, has launched its KSh5.7 billion (US$51.3 million) factory in Zanzibar as it targets to get a pie of the regions clothes market. It is hoped that the factory, which was launched by President Samia Suluhu Hassan this week, will give a new impetus to Tanzania’s textile industry, which…

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UAE’s dnata announces major investment in Zanzibar aviation industry

ZANZIBAR – Dubai National Air Travel Agency commonly known as dnata, which provides aircraft ground handling, cargo, travel, and flight catering services has signed a concession agreement with the government of Zanzibar, along with Emirates Leisure Retail and SEGAP, a joint venture between airport infrastructure and operations specialists Egis, and private equity fund manager AIIM. Under the partnership, dnata will…

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World Bank approves US$142m loan to integrate solar energy into Zanzibar grid

ZANZIBAR – The World Bank Group has approved US$142 million for the modernisation of Zanzibar’s electricity network and the integration of renewable energy and allow the electrification of 400,000 people in this Indian Ocean archipelago. Of this funding, US$117 million represents a credit from the International Development Association (IDA) while remaining US$22 million is a loan from the Clean Technology…

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Axian Group led consortium signs an agreement to acquire Millicom telecom’s operations in Tanzania

TANZANIA – A consortium led by Pan- African group Axian, has signed an agreement with Millicom, an international telecommunications and media company, regarding the sale of its shares in Tigo Tanzania and Zantel in Zanzibar. The completion of the transaction is subject to customary closing conditions and regulatory approvals. The Axian-led alliance brings together distinguished experts in mobile communications, who…

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Lufthansa to launch direct Frankfurt – Mombasa flights

KENYA – Eurowings, a wholly owned subsidiary of the Lufthansa Group will launch passenger flights from Frankfurt to Mombasa and to Zanzibar on March 31, 2021, targeting tourists planning to visit the East Africa region. The German carrier that resumed passenger flights to Nairobi in 2015 after an 18-year hiatus said the new flight will originate from Frankfurt Airport in…

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Millicom-owned companies Zantel and Tigo merge their operations in Tanzania

TANZANIA – Two Millicom-owned companies are to officially merge. Zanzibar Telecom Public Limited Company (Zantel) has announced the completion of a combination with its sister company MIC Tanzania Public Limited Company (Tigo). According to a media statement, further to the receipt of approval from the relevant authorities, the process to transfer ownership of the shares in Zantel to Tigo is…

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Vodacom Tanzania to roll out fourth generation network in Zanzibar

TANZANIA – Zanzibar residents will start to access faster mobile telecommunication after Vodacom Tanzania announced a plan to roll out 4G network in the next one year reports All Africa. The 4G network is the fourth generation of broadband network technology, succeeding 3G. Average 4G download speeds are between 8 and 10 megabits a second (Mbit/s), with possible instances of…

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Aleph Hospitality secures deal to manage two hotels in Zanzibar

TANZANIA – Aleph Hospitality a Dynamic independent hotel management company, has entered the Tanzanian market with the signing of a management agreement to operate two boutique resorts, the Moja Tuu and Hakuna Majiwe, in Zanzibar. The new management contracts, scheduled to take effect in October, mark Aleph Hospitality’s continued expansion in Africa, with its portfolio now stretching across five countries…

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