Tanzania showcases banking model at Cambridge summit

NMB Bank chief executive Ruth Zaipuna speaks at the Cambridge Africa Business Conference in London.  PHOTO | COURTESY

Dar es Salaam. Tanzania’s banking sector has been presented as a model for mobilising investment and expanding financial inclusion in Africa, with NMB Bank chief executive Ruth Zaipuna telling a global audience at the University of Cambridge that trusted local institutions can play a central role in financing the continent’s development.

The bank said in a statement over the weekend that speaking at the Cambridge Africa Business Conference 2026, Ms Zaipuna positioned Tanzania’s banking transformation as a practical example of how African institutions can attract capital, build investor confidence and channel finance into productive sectors at a time when countries across the continent are seeking long-term funding for infrastructure, energy, agriculture and digital connectivity.