In 2023, access to finance for MSMEs in Tanzania saw significant growth, with the number of MSME loan accounts rising by 21.9% to 176,213 and total loan values increasing by...
Between 2019 and 2023, Tanzania's financial landscape experienced remarkable growth, with total financial access points increasing by 130%, from 609,956 in 2019 to 1,402,609 in 2023. This expansion was driven...
Tanzania’s tourism sector has demonstrated remarkable resilience and growth over the past decade. From steady increases in visitor numbers pre-COVID-19 to a sharp decline during the pandemic, the industry has...
Tanzania recorded a 2.5% increase in food prices in October 2024, significantly lower than the East African average and well below high-inflation countries like Kenya (4.3%) and Burundi (22.5%). This...
Tanzania’s electricity price, at $0.087 per kWh, positions it as a cost-effective choice within East Africa, balancing affordability and infrastructure development. Cheaper than Uganda, Rwanda, and Kenya, but higher than...
Tanzania’s inflation rate of 3.0% in October 2024 highlights its remarkable economic stability, outperforming many African countries. With projections of further decline to 2.5% by 2026, Tanzania’s prudent fiscal and...
As of September 2024, Tanzania's total external debt reached USD 32.89 billion, accounting for 73% of the country’s total national debt. The central government held the largest share of external...
As of 31 October 2024, the Bank of Tanzania reported a 0.70% growth in total assets, reaching TZS 26.04 trillion, up from TZS 25.86 trillion in September. Key drivers included...
Tanzania’s outstanding IMF credit of $853.3 million positions it as the third-largest borrower among East African Community (EAC) members, following Kenya ($3.02 billion) and Uganda ($992.8 million). This figure underscores...
TANROADS’ top 10 infrastructure projects, valued at 1,846.422 Billion TZS, highlight a strategic focus on transformative investments between 2015 and 2021. The J.P. Magufuli Bridge, the most expensive project at...
