DAR ES SALAAM, Sept. 1 -- THE Tanzania Startup Association (TSA) and AfriCapital Holdings have signed a Memorandum of Understanding (MoU) to strengthen the countrys startup ecosystem.

The three-year partnership aims to support young businesses by expanding access to venture capital and bridging the financing gap that often holds back early-stage entrepreneurs.

The TSA Chief Executive Officer (CEO) Mr Zahoro Muhaji said during the signing ceremony that many startups rely on alternative sources of capital, therefore the partnership will play a vital role in unlocking these opportunities.

“This agreement will make it easier for startups in the country to secure funding, especially from international investors. “Through our col...