Currently, 5 mobile money solutions are offered in Tanzania. The telecom sector has dramatically improved access through mobile money. Over 40 percent of mobile money subscribers are active on a 90-day basis. The financial sector has begun to incorporate agency banking into their channel strategies. Scope for improvements in strategy formulation and execution exists. Distribution in rural areas is difficult as population density is low and infrastructure is poor.
Authors
- Disclosure Date
- 2024/08/26
- Disclosure Status
- Disclosed
- Doc Name
- IFC Mobile Money Scoping Country Report: Tanzania
- Pages
- 41
- Published in
- United States of America
- Series Name
- IFC Mobile Money Scoping Country Reports;
- Unit Owning
- IFC
- Version Type
- Final
- Volume No
- 1
Table of Contents
- TANZANIA SUMMARY - PAGE 1 2
- Regulations Telecom Sector Other Sectors Digital Financial Services Landscape 3
- Financial Sector 3
- MOBILE BANKING MARKET POTENTIAL 4
- Macro-economic Overview 5
- Financial Sector Telecom Sector Digital Financial Services Landscape 5
- Other Sectors 5
- REGULATORY BODIES INVOLVED IN MOBILE BANKING 6
- REGULATORY FRAMEWORK SLIDE 2 7
- REGULATORY FRAMEWORK SLIDE 3 8
- Macro-economic Overview Regulations 9
- Telecom Sector 9
- Other Sectors Digital Financial Services Landscape 9
- FINANCIAL INCLUSION ACCESS AND USAGE 10
- FINANCIAL SYSTEM OVERVIEW 11
- FINANCIAL SYSTEM OVERVIEW ADDITIONAL PLAYERS 12
- FINANCIAL SYSTEM OVERVIEW ADDITIONAL PLAYERS 13
- BANKING SECTOR 14
- NATIONAL MICROFINANCE BANK NMB 15
- NATIONAL BANK OF COMMERCE NBC 16
- EXIM BANK 17
- AKIBA COMMERCIAL BANK ACB 18
- CURRENT CHALLENGES TO THE BANKING SECTOR 19
- MICROFINANCE SECTOR MDIS 20
- GOVERNMENT PAYMENTS IN AND OUT 21
- FINANCIAL FLOWS - INTERNATIONAL REMITTANCES 22
- Macro-economic Overview Regulations Financial Sector 23
- Other Sectors 23
- Digital Financial Services Landscape 23
- TELCOMMUNICATIONS SECTOR IN TANZANIA 24
- TELECOMMUNICATIONS SECTOR IN TANZANIA 25
- POINTS OF INTEREST IN THE MOBILE MARKET 26
- MOBILE NETWORK OPERATORS 27
- MOBILE NETWORK OPERATORS 28
- Macro-economic Overview Regulations Telecom Sector 29
- Financial Sector 29
- Digital Financial Services Landscape 29
- PAYMENT SERVICE PROVIDERS 30
- PAYMENT SERVICE PROVIDERS 31
- PAYMENT SERVICE PROVIDERS 32
- PAYMENT SERVICE PROVIDERS 33
- DFS in Agricultural Sector 34
- DFS in Agricultural Sector 35
- TANZANIA GDP 36
- Macro-economic Overview Regulations Telecom Sector Other Sectors 37
- Financial Sector 37
- QUICK OVERVIEW OF MOBILE MONEY PROVIDERS 38
- QUICK OVERVIEW OF MOBILE MONEY PROVIDERS 39