Dun & Bradstreet Credit Bureau Tanzania Limited was incorporated in the United Republic of Tanzania on April 5, 2012. After fulfilling the conditions necessary for obtaining a license to conduct Credit Information Bureau operations in Tanzania, we were awarded a license by Bank of Tanzania on August 26, 2013 and subsequently launched operations in September 2013.
We operate from our offices at the 12th floor of PSPF Golden Jubilee Towers in the Central Business District of Dar es Salaam; a location we believe is truly representative of our brand image.
We have a dynamic and highly experienced team of professionals who are tasked with guiding our operations in Tanzania towards becoming the preferred Credit Bureau in Tanzania. This is made up of a combination of local professionals, with extensive experience in their respective fields, and an international leadership team of Bureau experts with a combined experience base of over 30 years.
Dun & Bradstreet Credit Bureau Tanzania Limited will leverage off our global expertise and experience in positioning us as the clear leaders in Tanzania’s fledging Credit Information Reporting Industry.
Established in 1841, D&B (NYSE:DNB) is the world’s leading source of business information and insight, enabling companies to Decide with Confidence®. D&B’s global commercial database contains more than 200 million business records. The database is enhanced by our proprietary DUNSRight® Quality Process, which transforms the enormous amount of data we collect daily into decision-ready insight. Through the D&B Worldwide Network an unrivaled alliance of D&B and leading business information providers around the world customers gain access to the world’s largest and highest quality global commercial business information database.
What Makes Us Different
What Makes Us Different
D&B is the leading provider of business information for risk management, sales & marketing, supply management and risk consulting decisions worldwide. Companies across the globe rely on D&B to provide the insight they need to help build profitable, quality business relationships with their customers, suppliers and business partners.
D&B has featured on Fortune’s list of Most Admired Companies in the Financial Data Services Category for several years.
The Most Comprehensive Global Database of Its Kind
We have global data coverage on business records in over 190 countries. To help ensure the accuracy and completeness of our information, we use sophisticated data collection tools and update our database over 1.5 million times a day.
Worldwide Network™— an unparalleled alliance of commercial information providers covering more than 190 countries creating the most comprehensive source of local and global business information.
The Value of the D&B D-U-N-S® Number
Our exclusive nine-digit D&B D-U-N-S Number®, assigned to each business location in our global database, is widely used as a tool for identifying, organizing and consolidating information about businesses. Companies worldwide use it to link information about suppliers, customers and trading partners, providing them a more complete picture of risks and opportunities in their business relationships.
We’ve come a long way since July 20, 1841 — the day we set up shop as The Mercantile Agency in New York City and helped start a business information revolution.
Following is an in-depth look at where we’ve been, and where we are going.
Timeline- D&B’s Evolution Over Time
TIP: Hover over Year to view content
The Pioneer Years
To help American merchants in their decision-making, an enterprising businessman named Lewis Tappan began, in 1841, to establish a network of correspondents that would function as a source of reliable, consistent and objective credit information. His Mercantile Agency, located in New York City, was one of the first organizations formed for the sole purpose of providing business information to customers.
Benjamin Douglass enters the business. To foster expansion, in 1849 Tappan turned the Agency over to Benjamin Douglass, a former clerk. Douglass capitalized on the improved transportation and communication of the time by expanding his network of offices, essentially providing the Agency with both new customers and superb information.
The credit reporter — a new profession. Shortly after he joined the agency, Benjamin Douglass began establishing local offices and hiring full-time employees who became experienced, skilled reporters and interpreters of credit information. Working as a credit reporter was a respected position that provided strong training in sound business practices. Among the reporters who went on to establish names for themselves were four U.S. presidents: Abraham Lincoln, Ulysses S. Grant, Grover Cleveland and William McKinley.
A strong competitor. In 1849, the rival John M. Bradstreet Company was founded in Cincinnati, Ohio. Two years later, the Bradstreet organization popularized the use of credit ratings with publication of the first book of commercial ratings. The rivalry between The John M. Bradstreet Company and Douglass’ agency intensified as the United States entered the 20th century. Fundamentally, this had lasting effects on the fate of the two organizations.
In 1859, Douglass turned over the Agency to his brother-in-law, Robert Graham Dun. Under the new name, R.G. Dun & Company, Dun continued Douglass’ relentless expansion. During the next 40 years, Dun led the Agency all over the United States and across international boundaries, carrying Lewis Tappan’s vision into the next century.
A Historic Merger
As America entered the 1930?s, the effects of rivalry and economic depression on both R.G. Dun and The Bradstreet Companies could no longer be ignored. In 1933, the arch competitors merged to form D&B.
The merger was engineered by Dun’s CEO Arthur Whiteside. Using his first-rate diplomatic skills, Whiteside was able to broker a deal with the company’s long-lasting and foremost competitor. Whereas previously both companies sold “products,” Whiteside increasingly emphasized “service.” With great leadership, he led D&B out of the depression and into the Information Age.
D&B in the Modern Era
The rapid development of computing and communications technology in the post-war era has been central to the growth of D&B. During the past 50 years of D&B’s history, increases in the speed and volume of cross-border communications have influenced our evolution from a provider of credit reports to a leader in the international information industry.
The 1960?s – 1970?s: A time of explosive growth. Whiteside’s successor, J. Wilson Newman, recognized that D&B needed to take risks and increase its range of products and services. Overall, D&B expanded dramatically during the 1960?s by engineering ways to apply new technologies to evolving operations. In 1963, the introduction of the Data Universal Numbering System — D&B D-U-N-S® Number — used to identify businesses numerically for data-processing purposes — helped bring business information into the computer age. This unique business identification system proved so useful that today the D&B D-U-N-S® Number has become a standard business identifier for the United Nations, the European Commission and the U.S. Government.
By the 1970?s, D&B had established its commitment to new technology. A new “Advanced Office System” (AOS) fully computerized our data-collection operations, providing the ability to link and analyze categories of information in entirely new ways, and to deliver information to customers faster and more economically.
D&B in the Millennium
D&B has created a spectrum of products and services that give customers exciting opportunities to manage business information more efficiently. We are constantly expanding the size and improving the quality of our global database, which now covers more than 195 million businesses worldwide.D&B is poised to meet the new century. However, we will always have a fundamental legacy to define us, a legacy that ties us to our past and supports us as we venture into the new millennium.
Chief Executive Officer
Miguel has a 25-years successful career in credit bureaus, banking, microfinance, trade, e-commerce, and other financial services in the Dominican Republic and other countries in Latin America, the Near East and Africa.
In the last 15 years, he has led the business affairs of the leading credit bureau of the Dominican Republic and has substantial experience in establishing profitable private credit bureaus worldwide. He has been consulting with the Private Credit Bureaus industry in Algiers, Bolivia, Chile, Costa Rica, Dominican Republic, Ecuador, Egypt, Haiti, Honduras, Iraq, Jordan, México, Morocco, Oman, Paraguay, Peru, Tanzania, Trinidad-Tobago and Vietnam, among others. He has worked as a Senior Credit Bureau Advisor to the IFC, World Bank, USAID in the Western Hemisphere Credit Reporting Initiative (WHCRI) and the Credit Reporting Initiative for the Arab Nations with the Arab Monetary Fund.
Adebowale has over 10 years of professional work experience across banking, marketing communications, project management and credit bureaus fields.
Prior to assuming his role as General Manager of Dun & Bradstreet Credit Bureau in Tanzania, Adebowale had been involved as a Management Consultant and Business Manager with Credit Bureaus in Brunei, Nigeria and Qatar.
Adebowale consulted to the Credit Bureau in Brunei owned by the Central Bank of Brunei (Authoriti Monetari Brunei Darussalam) and advised on the development of a legal framework, subscriber management and data management tracks of the project.
Adebowale has also served as trainer and consultant to Qatar Credit Bureau (QCB) owned by the Central Bank of Qatar with very positive feedback from the staff of QCB.
In addition to his role in Tanzania, Adebowale is working closely with CRC Credit Bureau Limited in Nigeria to improve its operational capability, facilitate training and ensure overall efficient performance of the bureau.
Prior to attending Business School, Adebowale worked with Ecobank in Nigeria where he worked in Retail Credit (Individuals, SMEs and MFIs), served as branch treasurer (TDs, BA/CP) and played a significant role in the debt recovery efforts of the bank on its Term Loans, Assets Finance and Credit Card loans. Before leaving Ecobank for Hult International Business School, Adebowale was Product Champion for Ecobank Mobile Payment in Nigeria and played a significant role in preparing the license application documents and presentation to the Central Bank of Nigeria that led to the award of a Mobile Payment License to Ecobank in Nigeria by the Central Bank of Nigeria.
Adebowale graduated from the University of Ibadan with a B.Sc in Political Sciences and completed his Master of Business Administration from Hult International Business School where he made the prestigious Dean’s List for academic excellence (2011). In addition, Adebowale has been trained in Project Management (Prince 2, Foundation) and Business Analysis (ISEB, Essentials).