Tanzania’s microinsurers could benefit from strong growth, with some domestic players looking to expand operations and recent pro-consumer reforms expected to support further take-up and deepen insurance penetration.
Tanzania
Displaying 19 - 24 of 25
Economic update | Tanzania banking turns mobile
28 Feb 2017
Mobile money has seen impressive growth in Tanzania in recent years, emerging as a key facilitator of financial inclusion, while agency banking is showing promise as a route to new customers for banks.
National efforts to modernise Tanzania’s underdeveloped agricultural industry received a major boost at the end of 2016, in the form of a $93.5m loan from the African Development Bank.
In a bid to satisfy growing demand for power, Tanzania has ramped up investment in alternative energy schemes, with a focus on smoothing regional disparities.
A drive to improve Tanzania’s transport infrastructure is gathering momentum, with billions of dollars of funding being put towards the development of the country’s rail network.
Tanzania’s efforts to improve its infrastructure have led to a search for new revenue streams, which may impact growth in the tourism sector over the near term.