By Edson Baraukwa | Africa Guardian Since its inauguration in 2016, Tanzania’s Nyerere Bridge has generated Sh102.18 billion, according to the government. Despite this significant revenue, the bridge is still far from recouping its total investment cost. The bridge is an investment by the National Social Security Fund (NSSF) and is projected to repay Sh344 billion over 30 years,…
The Africa-focused GSMA event MWC Kigali 2023 is well under way and is proving a useful platform for some major service providers to comment on government policy across the continent – notably on taxation. In fact six CEOs, representing some of the continent’s biggest operators, have published a communique at the show urging governments to establish new policies to…
Tanzania aims to launch its 5th oil and gas licensing round by the end of 2023 in a move designed to revive interest in its largely dormant exploration and production sector. After a blitz of offshore exploration, largely by Shell and Equinor, in the years to 2018, the focus point of the few oil companies that remain in Tanzania…
There is growing interest in Japan by the government, parliamentarians, mega companies and startups to invest more in Africa. Source African Development Bank Group Construction of Mozambique’s multibillion dollar gas project to restart in Q3 2023 ___ There is growing interest in Japan by the government, parliamentarians, mega companies and startups to invest more in Africa. As a delegation…
Visa Inc. will invest $1 billion in its business across Africa as the technology giant seeks to push adoption of digital payments across the continent. Visa Inc. will invest $1 billion in its business across Africa as the technology giant seeks to push adoption of digital payments across the continent. The investment will be spread over five years, Chief…