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...
Rising Lending Rates, Strengthened Reserves, and Targeted Credit Growth The East African Community (EAC) is experiencing notable shifts in monetary and financial trends, with lending rates rising across several member...
Balancing Development Ambitions with Tanzania's Debt Sustainability Tanzania's position on debt to the World Bank's International Development Association (IDA) can be understood by analyzing its overall debt exposure, especially within...
