A major banking institution in Tanzania, facing operational challenges due to the ongoing internet blackout.
ARISE IIP secures $700M from Saudi investor to fast track industrial expansion in Africa
Vision Invest acquired a new stake in ARISE IIP through a $700 million capital raise. This deal is one of Africa’s larger private infrastructure transactions.
Tanzania’s internet blackout enters Day 2
Tanzania is in its second day of a nationwide internet blackout affecting major networks. The blackout follows a politically charged incident where the Tanzania Police Force's X account was compromised.
Navigating the transition: African banks take over after international lenders exit
Standard Chartered Bank, Atlas Mara, Barclays, Credit Suisse, and BNP Paribas have announced their exit from various African countries. African banks see this as an opportunity to expand and invest in the continent.
