The United Republic of Tanzania's economic performance in the first quarter of 2025 is highlighted in the National Bureau of Statistics report, showcasing a GDP growth rate of 5.4%, a...
Tanzania's participation in regional payment systems has shown dynamic growth, with EAPS transactions reaching TZS 614.2 billion in 2024, a 56% increase from 2023. Meanwhile, SADC RTGS transactions nearly doubled...
Challenges and Opportunities Tanzania, as a key player among East African low-income countries, faces significant hurdles in achieving middle-income status. While progress in areas like agriculture and infrastructure development has...
In September 2024, Tanzania's bank lending rate rose slightly to 12.92% from 12.79% in August, reflecting cautious adjustments in monetary policy. This rate, slightly below the long-term average of 13.09%,...
In Q3 2024, Africa’s private market saw 73 deals with a total disclosed value of $2.27 billion. The top 10 countries accounted for a significant portion of these transactions, led...
Tanzania stands out as a top recipient and frequent beneficiary of the International Development Association (IDA), leveraging concessional financing to support its development goals. With over US$16.7 billion accessed through...
Balancing Growth Amid Persistent Challenges The October 2024 IMF report on Sub-Saharan Africa’s economic outlook reveals a steady yet cautious path forward, with growth projected at 3.6% in 2024 and...
In October 2024, Tanzania’s economy showcased resilience and stability, with a GDP growth rate of 5.3% for Q2, fueled by trade (19.8%), financial services (11.4%), and transport (8.6%). Inflation on...
Rising Exports, Narrowing Deficits, and Strategic Growth to 2030 The East African Community (EAC) has demonstrated steady growth in international merchandise trade, reaching US$ 26.9 billion in Q1 2024—a 4%...
The annual Headline Inflation in the EAC region was 6.7% in March 2024, up from 4.1% in February 2024. This figure indicates a region-wide increase in general prices. For the...
