Why Tanzania’s digital wallets hold the key to national wealth
According to the Bank of Tanzania, mobile payment transactions rose 26.7 percent to 6.41 billion in 2024 and their value increased 28.5 percent to Sh198.86 trillion. PHOTO | FILE
By Angelica Pesha
For more than a decade now, Tanzania has proven that digital payments work at scale. The next step is for the payments to build lasting value through regular savings, fair and flexible credit, and everyday habits that make households and small businesses more resilient.