Tanzania

Digital payments spike in Tanzania as gov’t platform hits $11.7B
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3 September, 2025

Digital payments spike in Tanzania as gov’t platform hits $11.7B

TIPS system’s volume doubled in 2024, and according to the central bank, it has spurred financial inclusion in a nation...
Italy advances digital wallet scheme; Tanzania cuts VAT rate
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16 July, 2025

Italy advances digital wallet scheme; Tanzania cuts VAT rate

Italy and Tanzania are advancing digitalization, with the former adding features for digital wallets and the latter reducing VAT to...
The Gambia to develop blockchain-powered digital infrastructure
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20 January, 2025

The Gambia to develop blockchain-powered digital infrastructure

The Gambia has partnered with an Indian non-profit organization to develop Gambia One, a blockchain-powered digital platform to enhance public...
East Africa to set up common central bank in its march toward single currency
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25 January, 2023

East Africa to set up common central bank in its march toward single currency

The decision on where to set up the East African Monetary Institute will be made this year, as the region...
Tanzania opts for ‘cautious’ approach in its CBDC development
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19 January, 2023

Tanzania opts for ‘cautious’ approach in its CBDC development

Bank of Tanzania stated that while CBDCs offer myriad benefits, there are still major pitfalls that could adversely affect the...
Tanzania central bank wants to develop own digital currency
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4 December, 2021

Tanzania central bank wants to develop own digital currency

The Bank of Tanzania is looking to expand its digital currency research and development team capacity, following the footsteps of...
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