Bank of Tanzania issues new guidelines for digital lenders
The regulatory framework comes after a surge in unregulated lending apps, ensuring that borrower data is handled with strict confidentiality.
Breaking stories and updates from across the East African tech ecosystem.
The regulatory framework comes after a surge in unregulated lending apps, ensuring that borrower data is handled with strict confidentiality.
With tax incentives and a growing ecosystem of co-working spaces in Stone Town, Zanzibar is positioning itself as the next tech hub of Africa.

This is just me testing things out
Promising high-speed connectivity for government institutions and boosting efficiency in public service delivery.
By connecting smallholder farmers directly to export markets via a mobile app, KilimoSmart aims to reduce post-harvest losses by 40%.
The YC-backed startup is now enabling payments from the US to Africa, completing a critical loop in the remittance corridor.
Marking a remarkable feat for Tanzania's largest bank, this deal opens new avenues for cross-border trade and investment.
This comes amid an intensified battle with Google in the AI race, marking a significant shift in how users will interact with the web.
The new portal uses machine learning to auto-populate forms and predict tax obligations, reducing the time spent on filing by half.
New infrastructure projects are linking the commercial capital to the historic port town, creating a belt of innovation and industry.
The University of Dar es Salaam partners with global tech giants to establish a cutting-edge artificial intelligence research facility.
New legislation aims to create a more favorable environment for tech companies while addressing data sovereignty and consumer protection.
A groundbreaking renewable energy initiative brings reliable electricity to rural communities across the archipelago for the first time.
A locally-built mobile app leveraging computer vision helps smallholder farmers identify and treat crop diseases before they spread.
Tanzania's leading venture capital firm targets seed and pre-seed investments in fintech, healthtech, and agritech across the region.
The central bank's decision marks a historic shift toward digital-first banking in the country, opening doors for fintech innovation.
Bookmark articles, access premium content, and stay ahead of the East African tech ecosystem.
SIGN UP FOR FREE