Tanzanian Shilling (TZS)
Mobile money usage in Tanzania grew exponentially between 2021 and 2022, with more than 33 million accounts being opened. With this growth, however, came a significant tax increase. Fees on mobile payments rose from 23% to 60% in 2021, posing a threat to the future of digital payments in the country
Population
Banked Population:
Main industries
Agriculture, Manufacturing,
Mining, and Natural Gas
Main imports
Refined Copper, Refined Petroleum,
Packaged Medicaments, Palm Oil, and Wheat
Main exports
Gold, Raw Copper, Precious Metal Ore, Dried Legumes,
and Coconuts, Brazil Nuts & Cashews
$1,099.3
Per capita (USD)
4.3%
Growth annually
81
World ranking
Total volume of digital payments projected to reach
$3,203.00M (USD)
Mobile Money
Mobile Money
Mobile Money
Mobile Money
Mobile Money
