Author: John Haule, Founder/CEO at Swahilies

Blocks for Building and Expanding Fintechs in Tanzania

According to the IMF, Tanzania, a nation of 60 million people, is among the fastest-growing economies in 2024. Over the past two years, the Fintech industry in Tanzania has experienced significant growth, and you don’t need to use a telescope to see that. Major funding rounds by Tanzanian Fintech startups like Ramani, which raised $32 million, and global companies like Unlimit expanding into the Tanzanian market, are just a few examples. Additionally, companies like Wasoko are doubling down on their commitment to Tanzania by investing in building structures for their talent in the country. These activities signal a promising trend for the Fintech industry in Tanzania. In today’s…

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