Dar es Salaam — THE government plans to review more than 1,000 laws to create a regulatory framework capable of supporting artificial intelligence, digital commerce and technology-driven investment as it seeks to make Tanzania’s economy more competitive. The review is expected to cover laws governing digital financial transactions, e-commerce, companies and public-private partnerships, providing greater…
Dar es Salaam — THE government has banned non-citizens from engaging in 15 types of business activities, following rising concerns over the growing presence of foreign traders in local markets. The government ban aims at protecting local entrepreneurs and ensuring that small-scale business opportunities remain accessible to Tanzanian citizens. The decision was formalised through Government…
Despite Africa’s burgeoning startup ecosystem attracting increasing global venture capital (VC) attention, Tanzanian startups often find themselves overlooked. While neighboring countries like Kenya and Nigeria have become hotspots for VC investments, Tanzania’s startup scene struggles to secure similar funding. Several interrelated factors contribute to this disparity. 1. Nascent Venture Capital Ecosystem Tanzania’s VC landscape is…