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The Tanzania Private Sector Foundation (TPSF) is the principal umbrella organization representing the private sector in Tanzania. Established in 1998 as a company limited by guarantee, TPSF serves as the apex body for private sector associations and corporate entities across all sectors of the economy . Mission and Objectives TPSF’s primary mission is to advocate…
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The African Development Bank (AfDB) plays a significant role in Tanzania’s development through infrastructure, energy, agriculture, and trade finance initiatives. Here’s an overview of its key activities and presence in the country: 🇹🇿 AfDB in Tanzania: Overview As of mid-2024, the AfDB had approved 25 projects in Tanzania, totaling approximately $3.48 billion in commitments. These…
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Global Data Technologies Company Limited is an ICT firm based in Tanzania, established in 2011, offering a range of technology solutions tailored for both public and private sector clients across the country. Their services encompass network infrastructure, data management, cloud computing, and cybersecurity. GDT has been involved in projects supporting government institutions and non-public organizations,…
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Beauty Group Tanzania, officially registered as Angela Peace and Love Company Limited, is a Tanzanian enterprise specializing in the import and sale of new and second-hand clothing, shoes, and related accessories. Established in 2018, the company originated from an expansion of Beauty Group, which was founded in China in 2012 and has since extended its…
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The Dar es Salaam Stock Exchange (DSE) is Tanzania’s principal securities exchange, playing a vital role in the country’s financial sector. 📜 History & Structure Founded: Incorporated on September 19, 1996, under the Capital Markets and Securities Act of 1994. Operations Commenced: April 15, 1998, with TOL Gases Limited as the first listed company. Demutualization:…
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DCB Commercial Bank Plc, originally established as Dar es Salaam Community Bank in 2001, is a publicly traded financial institution headquartered in Dar es Salaam, Tanzania. It commenced operations in April 2002 as a regional microfinance institution and transitioned to a fully-fledged commercial bank in 2012, expanding its services nationwide. Notably, DCB was the first…
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Marine Services Company Limited (MSCL), now operating as Tanzania Shipping Company Limited (TASHICO) since November 18, 2024, is a state-owned enterprise based in Mwanza, Tanzania. Established on December 8, 1997, following its separation from the Tanzania Railways Corporation, MSCL has been pivotal in providing maritime transport services across the African Great Lakes—Victoria, Tanganyika, and Nyasa—facilitating…
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Sotta Mining Corporation Limited (SMCL) is a Tanzanian-incorporated joint venture company primarily focused on developing the Nyanzaga Gold Project, located in the Sengerema District of the Mwanza Region, approximately 60 kilometers southwest of Mwanza city . Ownership and Structure SMCL is 84% owned by Perseus Mining Limited, an Australian mining company, and 16% by the…
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Mwalimu Commercial Bank PLC (MCB) is a Tanzanian commercial bank established in 2012, headquartered at Mlimani Tower on Sam Nujoma Road, Dar es Salaam . It was founded with the aim of providing innovative financial services tailored to the Tanzanian education sector and related communities. The bank is listed on the Dar es Salaam Stock…
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Intelligra Solution Ltd is a pioneering technology company operating in Tanzania, specializing in smartphone financing solutions aimed at promoting digital and financial inclusion across Africa. 📍 Company Overview Intelligra offers an innovative platform that integrates device manufacturers (OEMs), financial institutions, and mobile network operators (MNOs) to provide affordable smartphones to underserved populations. Their model allows…