New deal to boost alternative financing for Tanzania’s startups

TSA chief executive officer Mr Zahoro Muhaji (left) and Africapital chief executive officer Mr Burak Buyuksarac (centre) exchange documents after signing an MoU in Dar es Salaam. PHOTO|COURTESY

What you need to know:

  • The deal, formalised on Friday through a Memorandum of Understanding (MoU), is expected to provide alternative funding and structured support for the early-stage firms.