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Africa offers US firms a compelling trade and investment opportunity — Standard Bank

standardbank

US firms are increasingly interested in the commercial opportunities in Africa

Africa offers US multinationals a compelling trade and investment opportunity thanks to the rapid economic growth rates being experienced across the continent along with burgeoning population growth and increasing urbanisation, according to Standard Bank (http://www.standardbank.com)

Economic growth in sub-Saharan Africa has exceeded 5% a year for more than a decade now giving the continent a 4.1% share of global...

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11 years ago

Daily News

Power firms sue Standard Chartered Bank (HK) over 'fraud'


Power firms sue Standard Chartered Bank (HK) over 'fraud'
Daily News
THE Independent Power Tanzania Limited (IPTL) and Pan African Power Solution Limited (PAP) have filed a suit at the High Court in Dar es Salaam, demanding 3,240,000,000 US dollars (about 5.3tri/-) from Standard Chartered Bank (Hong Kong) Limited ...

 

11 years ago

Michuzi

Bank of Africa Tanzania and European Investment Bank ink partnership

Mr. Pim van Ballekom, European Investment Bank Vice President for Africa and Mr. Ammish Owusu-Amoah, Managing Director of BANK OF AFRICA - TANZANIA signing of MOU between the two parties to unlock Euros 7 M in Tanzania.  Mr. Pim van Ballekom, European Investment Bank Vice President for Africa and Mr. Ammish Owusu-Amoah, Managing Director of BANK OF AFRICA - TANZANIA exchange documents after signing of MOU between the two parties to unlock Euros 7 M in...

 

10 years ago

Vijimambo

U.S. AFRICA TRADE & INVESTMENT ROUNDTABLE

UONGOZI WA JUMUIYA DMV UNAWATANGAZIA KUWA KUHUSU MKUTANO WA  U.S. AFRICA TRADE & INVESTMENT ROUNDTABLE: U.S. AFRICA TRADE & INVESTMENT ROUNDTABLE:                                  Healthcare, Areospace, and Energy Sustainability                        MORE INFORMATION VISIT http://www.africantbc.org/event-1762457            EMAIL EVENTS@AFRICANTBC.ORG OR CALL +240.863.2493  BY REGISTRATION ONLY Program 9:30am – 11:00amRegistration & Open Networking Welcoming Remarks Opening Session ~...

 

10 years ago

Michuzi

Standard Chartered Bank’s Chief Executive Officer for the Eastern Africa region and Kenya calls on Vice President Dr Mohamed Ghalib Bilali

 Standard Chartered Bank’s Chief Executive Officer for the Eastern Africa region and Kenya, Lamin Manjang, (centre), speaks to the Hon. Vice President, Dr. Bilal, when the Bank’s Officials visited him at his office earlier this week. Left is the Bank’s Chief Executive Officer for Tanzania, Liz Lloyd.

 

10 years ago

Michuzi

UK Trade & Investment London/South East Trade Mission to Tanzania

14 UK companies cutting across various sectors e.g. Education and Training, Security, Consultancy, Healthcare amongst others are hoping to penetrate new trade opportunities within Tanzania by taking part in UKTI London and South East trade mission to Tanzania between October 22nd-24th 2014. 
This is the first, independent visit by UKTI London and South East to Tanzania and East Africa.

Tanzania is fast emerging as a thriving commercial entity with a GDP growth rate of over 7% year upon year....

 

5 years ago

Michuzi

Standard Chartered Bank becomes the first Bank to announce COVID-19 Relief Measures for its clients


 Ajmair Riaz, Country Head of Retail Banking, Standard Chartered Bank Tanzania.***************************Monday 18 th May 2020 – Standard Chartered Bank Tanzania has become the first Bank in Tanzania to announce relief measures for its Individual and Business Clients whose income and cash flows have been affected by the COVID-19 pandemic.
In a statement issued by the Bank, Mr. Ajmair Riaz, the Bank’s Country Head of Retail Banking, said that his team has been working very...

 

11 years ago

TheCitizen

Tazara in talks with three firms on investment

Tanzania -Zambia Railway Authority (Tazara) is in talks with three investors wishing to recapitalize the bi-national railway to make it more vibrant.

 

11 years ago

Michuzi

Standard Chartered Bank rewarding its Clients for Referrals:

 Standard Chartered Bank Tanzania Limited has launched an exciting campaign for its Priority Clients. Dubbed “Member get Member” campaign, the initiative is open to the Bank’s Priority Clients. Exciting prizes including trips to Rome, Paris, Cape Town, Johannesburg or Dubai, among others, await the Bank’s Clients who successfully refer new Priority Clients to the Bank. The new clients will also qualify to join the campaign which is ongoing until 31st July, 2014.  Standard Chartered Bank...

 

11 years ago

Michuzi

IPTL wins case against Standard Chartered Bank

THE High Court of Tanzania has temporarily restrained Standard Chartered Bank (Hong Kong) Limited and two other respondents from enforcing a decision issued by the International Centre for Settlement of Investment Disputes (ICSID) over recalculation of power tariffs.
High Court Judge Fauz Twaib issued the interim order in favour of two applicants, Independent Power Tanzania Limited (IPTL) and Pan African Power Solution Limited (PAP) after considering lengthy and exhaustive submissions...

 

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