HomeAfrica

Tanzania: Mobile Money Reshapes Economy

Africa 2 sources 2 countries 🔦 Under-reported 58m ago

Mobile money transactions in Tanzania reached 255.1 trillion shillings in 2025, marking a 28.3 percent increase in digital payment activity. This growth reflects the expanding role of mobile financial services within the nation's economic infrastructure.

The sector has maintained a consistent upward trajectory, recording a compound annual growth rate of approximately 22 percent since 2021. The rising volume of digital transactions underscores a broader trend of increasing reliance on mobile platforms for economic exchange across the country.

In-depth summary · AI, neutral
Read the full story at the source AllAfrica · ZA
Get the news on TelegramTop stories & under-reported picks, straight to your feed — free. Join →

Covered by 2 sources