Africa | March 17, 2017

Tanzania emerges as a hub of African entrepreneurial success

ImpactAlpha
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Tanzania is emerging as a hub of African entrepreneurial success.

The East African country is often overshadowed by the continent’s other business power centers: Nigeria, South Africa and Kenya.

But it has seven of the top 30 most promising entrepreneurs under the age of 35, according to Forbes.

Most of the top-ranked entrepreneurs have started social businesses, to tackle challenges like Tanzania’s poor energy service and agriculture-dependent economy.

OBRI Company, an agro-industrial company started by Brigitha Faustin, connects farmer cooperatives to retail markets.

SunSweet Solar is an off-grid and mini-grid solar venture started by George Mtemahanji.

Three of the seven Tanzanian entrepreneurs on the list are women.

This post originally appeared in ImpactAlpha’s daily newsletter. Get The Brief.

Photo credit: She Leads Africa