Tanzania's fintech, banking associations join forces to support inclusive growth

Tanzania Bankers Association chief executive officer, Ms Tuse Joune (second left), addresses journalists during the signing of an agreement with the Tanzania Fintech Association. PHOTO | THE CITIZEN CORRESPONDENT

Dar es Salaam. The Tanzania Bankers Association (TBA) and the Tanzania Fintech Association (Tafina) have signed a landmark Memorandum of Understanding (MoU) aimed at strengthening the digital economy and enhancing cybersecurity within the financial sector—a move that aligns with the country’s long-term development vision.

The agreement, signed in Dar es Salaam yesterday, represents a major step towards the realisation of Tanzania Vision 2050, which positions digital innovation as a key enabler of inclusive growth, financial inclusion, and sustainable development.