TANZANIA’S BLACK SWAN NAMED TO BLOOMBERG’S “25 AFRICAN STARTUPS TO WATCH 2026”

Black Swan Co-Founder and Chief Executive Officer, Derick Kazimoto.

Pan-African fintech innovator becomes the only Tanzanian registered company on the prestigious global list

Dar es Salaam, Tanzania – 28 May 2026

Tanzania’s fintech sector has received a major international spotlight after Black Swan, a pan-African financial technology company registered in Tanzania, was named to Bloomberg’s “25 African Startups to Watch 2026” list. The recognition places the company among Africa’s most innovative and high-impact startups shaping the future of digital finance.

The Bloomberg list highlights startups across the continent that are addressing critical challenges through technology, scalability, and meaningful social or economic impact. Black Swan stood out for its mission to transform informal and invisible financial activity into trusted credit intelligence, enabling millions of underserved individuals and businesses to access fair and responsible financing.

A Milestone for Tanzania’s Innovation Ecosystem

Black Swan’s inclusion marks a significant achievement for Tanzania, as it becomes the only Tanzanian-registered company featured on this year’s list. The recognition underscores the growing role of Tanzanian fintech innovation within the broader African digital economy, alongside peers from Nigeria, Kenya, South Africa, and Morocco.

The announcement reinforces Tanzania’s positioning as an emerging hub for financial technology solutions that address real-world barriers to financial inclusion.

Building Credit Access for the Underserved

At the core of Black Swan’s innovation is its data-driven approach to credit intelligence. The company enables financial institutions to make faster, safer, and more inclusive lending decisions by securely analysing user-consented financial data.

Its infrastructure currently supports more than 30 financial institutions across East Africa, powering credit decisioning for microfinance institutions, digital lenders, asset financiers, and traditional banking products.

Leadership Perspective

Reacting to the recognition, Black Swan Co-Founder and Chief Executive Officer, Derick Kazimoto said the milestone reflects both the urgency and importance of financial inclusion across Africa.

“This recognition means a great deal to us, but what it means even more is that the problem we are solving is real and it is being seen. Every day, millions of Tanzanians wake up, go to work, run their businesses, and take care of their families, yet financial systems continue to treat them as if they do not exist. We built Black Swan to change that,” he said.

VODACOM M-PESA AND PAYPAL PARTNER TO EXPAND ACCESS TO GLOBAL DIGITAL PAYMENTS FOR TANZANIANS

New integration enables customers to seamlessly link accounts and transfer funds between PayPal and M-Pesa wallets through the M-Pesa Super App

Dar es Salaam, Tanzania – 26 May 2026: Vodacom M-Pesa Tanzania has announced a strategic partnership with PayPal that will enable customers in Tanzania to seamlessly transfer funds between their PayPal and M-Pesa wallets through the M-Pesa Super App.

As part of M-Pesa’s broader global payments solutions, the integration marks a significant milestone in expanding access to international digital financial services for Tanzanians.

Through the new service, eligible M-Pesa customers will be able to securely deposit funds directly into their PayPal wallets and withdraw funds from PayPal back into their M-Pesa wallets with ease and convenience. The integration is expected to simplify international transactions for freelancers, developers, content creators, entrepreneurs, gig economy workers, and other digitally connected customers.

The partnership comes at a time when demand for seamless cross-border payment solutions continues to grow among Tanzanians participating in international commerce, freelance work, and digital services. With PayPal-to-M-Pesa withdrawals now available, Tanzanians will have easier access to their global earnings and digital income streams.

Speaking about the partnership, Acting M-Pesa Director Tulisindo Mlupilo said the collaboration reflects M-Pesa’s continued commitment to connecting customers to greater opportunities through innovation and inclusive financial services.

“Digital connectivity is creating more opportunities for Tanzanians to participate in the global economy, whether through freelancing, online business, content creation, or cross-border commerce. Through this partnership with PayPal, we are making it easier for our customers to send, receive, deposit, and access funds across platforms with greater convenience and confidence,” said Mlupilo.

DAR ES SALAAM STOCK EXCHANGE CEO PARTICIPATES IN ZANZIBAR PUBLIC INSTITUTIONS LEADERSHIP FORUM

Zanzibar, 23 May 2026 - The Chief Executive Officer of the Dar es Salaam Stock Exchange (DSE), Mr. Peter Nalitolela, has participated in the opening of the Public Institutions Chairpersons and Chief Executives Forum held at the Golden Tulip Airport Hotel in Zanzibar.

The high-level forum, which brought together Board Chairpersons and Chief Executives of Zanzibar Public Institutions, was officially opened by the President of Zanzibar and Chairman of the Revolutionary Council, H.E. Dr. Hussein Ali Mwinyi. The meeting took place from May 23 to 25, 2026, and focused on strengthening institutional performance, improving efficiency, and enhancing financial sustainability among public entities.

Speaking during the opening session, President Dr. Mwinyi called on leaders of public institutions to implement operational reforms that will increase productivity, reduce dependency on the Central Government, and enable institutions to generate dividends for the Government.

Dr. Mwinyi emphasized that Zanzibar’s development agenda would gain greater momentum through stronger collaboration with the private sector. He pointed to the banking industry as an example of successful institutions that have demonstrated strong growth, profitability, and significant dividend contributions to the Government.

“Our institutions should learn from successful private sector models, especially private banks that continue to demonstrate efficiency, profitability, and strong dividend contributions to the Government,” said Dr. Mwinyi.

The participation of the Dar es Salaam Stock Exchange in the forum highlights the importance of capital markets in supporting institutional transformation, promoting financial discipline, and facilitating long-term investment and sustainable economic growth.

NMB FOUNDATION, TACAIDS PARTNER TO EMPOWER 10,000 GIRLS AND WOMEN IN HIV RESPONSE

TACAIDS Director, Dr Adam Mrisho (right), exchanges signed agreement documents with NMB Foundation General Manager, Nelson Karumuna (left), after signing a partnership agreement for the joint implementation of the TIMIZA Malengo Project in Dodoma.

NMB Foundation General Manager, Nelson Karumuna (left), and TACAIDS Director, Dr Adam Mrisho (right), sign a partnership agreement for the joint implementation of the TIMIZA Malengo Project in Dodoma.

Dodoma, Tanzania; 27 May 2026 — The NMB Foundation and the Tanzania Commission for AIDS (TACAIDS) have signed a partnership agreement to jointly implement the TIMIZA Malengo Project, targeting more than 10,000 girls and women across 36 councils in 10 regions through financial literacy, entrepreneurship training, life skills and HIV prevention services.

The agreement, signed in Dodoma yesterday, marks a strategic effort to connect public health initiatives with economic empowerment, particularly among young people aged 15 to 24, who remain among the groups requiring sustained awareness, protection and livelihood support.

Speaking during the signing ceremony, NMB Foundation General Manager Nelson Karumuna said the fight against HIV and AIDS requires collective responsibility, emphasizing that a healthy population is fundamental to building a productive workforce and a stronger economy.

“Through this partnership, we will build the capacity of more than 10,000 girls and women in 36 councils across 10 regions. The goal is to support them with financial education, entrepreneurship training, life skills and HIV prevention services because health and economic empowerment must move together,” Karumuna said.

He noted that the NMB Foundation will leverage its experience and nationwide reach to support communities, adding that NMB’s network of more than 73,000 agents across the country provides an important platform for extending financial services to women and young people, particularly in underserved areas.

YAS TANZANIA UNVEILS YAS BUSINESS TO DRIVE ENTERPRISE DIGITAL TRANSFORMATION

Dar es Salaam, May 26, 2026 — Yas Tanzania has officially launched Yas Business, the new identity of its enterprise division, consolidating the company’s business connectivity and digital solutions under one unified brand aimed at accelerating digital transformation across Tanzania.

The unveiling marks a significant step in Yas Tanzania’s strategy to strengthen support for enterprises, SMEs, and public institutions through advanced technology solutions designed to improve operational efficiency, resilience, and sustainable growth in an increasingly digital economy.

Through Yas Business, customers will gain access to a growing suite of enterprise-focused solutions including SD-WAN, cloud connectivity, Internet of Things (IoT) services, managed solutions, and Tier 3 Data Centre infrastructure. These solutions are designed to help organizations enhance network performance, strengthen cybersecurity, support cloud-based operations, and scale more efficiently.

Speaking during the launch event, Minister of State in the President's Office for Planning and Investment, Prof Kitila Mkumbo commended Yas Tanzania for its continued investment in enterprise digital infrastructure, noting its importance in supporting Tanzania’s industrialization and digital economy ambitions.

“Initiatives such as Yas Business play an important role in accelerating enterprise productivity, innovation, and digital inclusion across key sectors of the economy. Public-private collaboration remains essential in achieving Tanzania’s long-term development vision under Dira 2050,” said Prof. Kitila.

On his part, Yas Tanzania's Chief Executive Officer, Pierre Canton-Bacara said the launch of Yas Business reinforces the company’s long-term commitment to becoming a trusted technology partner for businesses and institutions across the country.

“Yas Business brings together our enterprise capabilities under a stronger and more focused identity that reflects our commitment to helping businesses unlock greater performance, growth, and opportunity through reliable connectivity and advanced digital solutions,” said Pierre.

AIRTEL DEEPENS DIGITAL EXPANSION IN TUNDUMA, MWANJELWA TRADE HUBS IN MBEYA REGION

Airtel Tanzania has expanded its digital services network following the launch of two new Digital Smart Shops in Tunduma and Mwanjelwa in Mbeya Region, targeting growing business communities and increasing demand for communication and financial services in the Southern Highlands.

The new outlets form part of the company’s broader strategy to improve customer experience while bringing digital and financial services closer to people living and doing business in key commercial centres across Tanzania.

Airtel Opens Smart Shop in Strategic Border Town of Tunduma

The first launch took place in Tunduma, a rapidly growing border town that serves as one of Tanzania’s most important trade gateways linking East and Southern Africa.

Located at Tunduma Hotel near Azania Bank, the Smart Shop was officially inaugurated by Momba District Commissioner, Hon. Elias Daniel Mwandobo, alongside Airtel Tanzania Director of Customer Experience, Adriana Lyamba.

Speaking during the launch event, Ms Lyamba said Tunduma’s strategic role in regional trade and transport continues to drive demand for reliable communication and digital financial services.

“Tunduma is one of Tanzania’s most strategic commercial gateways connecting East and Southern Africa. The town continues to grow rapidly due to trade, transport and regional business activities. As Airtel, we recognize the increasing demand for reliable communication, fast internet and digital financial services in this important economic corridor,” she said.

Tunduma plays a critical role as a border town between Tanzania and Zambia and supports cargo transportation to several Southern African countries through the Port of Dar es Salaam.

ABSA BANK LAUNCHES MERCHANT FINANCING SOLUTION TO EMPOWER BUSINESS GROWTH WITHOUT COLLATERAL

Absa Bank Tanzania Head of Products & Channels, Business Banking, Jane Kalumuna (third left), together with others from left; Brand, Marketing & Communications Manager, Beda Biswalo, SME Relationship Manager and Acting Head of SME, Scolastica Dominic, and Point of Sale (POS) Sales Manager, Edward Edwine, display POS machines as a symbol of the official launch of Absa’s merchant financing solution aimed at supporting the growth of small and medium-sized businesses using Absa POS machines for transactions. The new solution removes one of the biggest barriers to funding, the requirement for collateral.

Dar es Salaam, 26 May 2026: Absa Bank Tanzania has launched Absa Merchant Financing, a new short-term financing solution aimed at helping businesses grow by providing access to funding without the need for collateral.

The innovative facility is designed for merchants actively involved in trading goods and services, including wholesalers, sub-wholesalers, dealers, and retailers using Absa Point-of-Sale (POS) machines and other digital payment channels.

The financing solution addresses a long-standing challenge facing many businesses that generate strong daily sales but struggle to access credit due to traditional collateral requirements. Instead of relying on physical assets, Absa Merchant Financing uses merchants’ POS transaction history to assess borrowing capacity and determine financing eligibility.

According to the bank, the product transforms transaction data from being simply a record of past activity into a tool for unlocking future business opportunities by enabling merchants to access funding that reflects their actual business performance.

Speaking during the launch, Head of Products & Channels, Business Banking at Absa Bank Tanzania, Jane Kalumuna, said the new solution is intended to remove barriers that have historically limited access to finance for many growing businesses.

“For far too long, businesses with clear, demonstrable cashflow have found themselves excluded from financing simply because they lack traditional collateral. With Absa Merchant Financing, we are rewriting that story,” she said.

“We are recognising and rewarding real business performance, enabling our customers to access the funding they deserve based on how their businesses actually operate and grow.”

BENKI YA NMB YAIMARISHA UBIA NA SMZ KUSUKUMA UKUAJI ENDELEVU ZANZIBAR

Rais wa Zanzibar na Mwenyekiti wa Baraza la Mapinduzi, Mhe. Dkt. Hussein Ali Mwinyi, akipokea zawadi maalum kutoka kwa Meneja wa Biashara Zanzibar wa Benki ya NMB, Bi. Naima Said Shaame, wakati wa Mkutano wa Watendaji Wakuu na Wenyeviti wa Bodi wa Taasisi za Kizanzibari uliofanyika Golden Tulip Airport Hotel, Zanzibar. Kushoto ni Mkuu wa Idara ya Biashara za Serikali wa NMB, Bi. Vicky Bishubo. Zawadi hiyo ilitolewa kama ishara ya kuthamini uongozi wa Rais Dkt. Mwinyi katika kukuza uchumi wa Zanzibar na kuimarisha mazingira wezeshi kwa biashara na uwekezaji.

Zanzibar, 24 Mei 2026 – Benki ya NMB Bank Plc imesema itaendelea kuimarisha ushirikiano wake na Serikali ya Mapinduzi Zanzibar (SMZ) pamoja na taasisi zake katika kuboresha mifumo ya malipo, huduma za kidijitali, makusanyo ya mapato na suluhisho za kifedha zinazolenga kuongeza ufanisi wa huduma kwa wananchi na wawekezaji.

Kauli hiyo imetolewa wakati wa Mkutano wa Watendaji Wakuu na Wenyeviti wa Bodi wa Taasisi za Kizanzibari uliofanyika katika Golden Tulip Zanzibar Airport kuanzia Mei 23 hadi 25, 2026.

Rais Mwinyi Ataka Mageuzi ya Kiutendaji

Akifungua mkutano huo, Rais wa Zanzibar na Mwenyekiti wa Baraza la Mapinduzi, Hussein Ali Mwinyi, aliwataka viongozi wa taasisi za umma kuharakisha mageuzi ya kiutendaji yatakayosaidia kuongeza tija, kupunguza utegemezi kwa Serikali Kuu na kuwezesha taasisi hizo kutoa gawio kwa Serikali.

Dkt. Mwinyi alisema maendeleo ya kiuchumi yanaweza kuongezeka kwa kasi zaidi kupitia ushirikiano madhubuti kati ya sekta ya umma na sekta binafsi, huku akitolea mfano mafanikio yanayoendelea kuonekana katika sekta ya benki nchini.

“Taasisi zetu zinapaswa kujifunza kutoka kwenye mifano mizuri ya sekta binafsi, hasa mabenki binafsi yanayoonyesha ufanisi, faida na mchango mkubwa wa gawio kwa Serikali,” alisema Dkt. Mwinyi.

NMB Yaona Zanzibar Kama Mshirika wa Kimkakati

Kwa upande wake, Mkuu wa Idara ya Biashara za Serikali wa NMB Bank Plc, Bi. Vicky Bishubo, alisema benki hiyo inaiona Zanzibar kama mshirika muhimu katika ajenda ya maendeleo endelevu kupitia sekta mbalimbali ikiwemo uwekezaji, uchumi wa buluu, utalii, biashara, teknolojia na huduma za kifedha.

EVOSHA EXPANDS FUEL NETWORK WITH NEW MBEZI STATION TO SERVE GROWING COMMUNITY

Ubungo District Commissioner, Hon. Albert Msando (centre), cuts a ribbon to officially inaugurate the Evosha Energies fuel station located at Mbezi Makabe junction in Dar es Salaam over the weekend. The station is expected to provide a convenient fuel solution for motorists and residents in the area by bringing fuel services closer to the community, reducing travel time to fuel up, and easing daily transport and business activities. He is flanked by Evosha Energies Sales Director, Mr. Justin Shengelema.

DAR ES SALAAM, May 22, 2026 — Energy company Evosha Energies has expanded its fuel distribution network with the launch of a new service station at the Mbezi Makabe junction in Ubungo District, reinforcing efforts to improve access to fuel services in one of Dar es Salaam’s rapidly growing suburban areas.

The newly opened station was officially inaugurated over the weekend by the Ubungo District Commissioner, Hon. Albert Msando, who described the investment as a timely response to increasing fuel demand driven by urban expansion and rising transport activities within the district.

Speaking during the launch event, Msando said the station will improve accessibility to fuel services for motorists, bodaboda riders, and nearby residents, while also supporting economic activity in the surrounding communities.

“This investment is important because it brings essential services closer to the people and supports economic activities taking place in this rapidly developing area,” he said.

VODACOM M-PESA NA PAYPAL WASHIRIKIANA KUPANUA UPATIKANAJI WA MALIPO YA KIDIJITALI KIMATAIFA KWA WATANZANIA

Dar es Salaam, Mei 26, 2026 – Vodacom Tanzania kupitia huduma yake ya M-Pesa imetangaza ushirikiano mpya na PayPal utakaowezesha wateja nchini Tanzania kufanya miamala kwa urahisi kati ya akaunti zao za PayPal na pochi zao za M-Pesa kupitia M-Pesa Super App.

Hatua hiyo ni sehemu ya mkakati mpana wa M-Pesa wa kuimarisha huduma za malipo ya kimataifa na kupanua upatikanaji wa huduma za kifedha za kidijitali kwa Watanzania wanaoshiriki katika biashara za mtandaoni, kazi za kujitegemea na uchumi wa kidijitali unaokua kwa kasi.

Mfumo Mpya wa Kuunganisha Akaunti za PayPal na M-Pesa

Kupitia huduma hiyo mpya, wateja wa M-Pesa watakaokidhi vigezo wataweza kuunganisha akaunti zao za PayPal moja kwa moja na akaunti zao za M-Pesa kupitia M-Pesa Super App. Mfumo huo utawezesha:

• Kuweka fedha kutoka M-Pesa kwenda PayPal
• Kutoa fedha kutoka PayPal kwenda M-Pesa
• Kufanya miamala ya kimataifa kwa urahisi na usalama zaidi

Huduma hiyo inalenga kurahisisha upatikanaji wa fedha kwa wafanyakazi wa kujitegemea (freelancers), watengeneza maudhui, wafanyabiashara wa mtandaoni pamoja na Watanzania wanaoshiriki katika shughuli za uchumi wa kidijitali wa kimataifa.

Mahitaji ya Malipo ya Kuvuka Mipaka Yaongezeka

Ushirikiano huu unakuja wakati mahitaji ya huduma za malipo ya kuvuka mipaka yanaendelea kuongezeka nchini Tanzania, hasa kwa wananchi wanaopokea malipo kutoka majukwaa ya kimataifa kupitia kazi za mtandaoni, biashara za kidijitali na huduma mbalimbali zinazolipwa kwa njia ya PayPal.

YAS RANKS AMONG AFRICA'S TOP 50 STRONGEST BRANDS, NAMED A 'BRAND TO WATCH' BY BRAND FINANCE

Hassan Jaber, CEO AXIAN Telecom.

25 May 2026 - Yas (owned by AXIAN Telecom), a leading pan-African telecommunications company, has been named a ‘Brand to Watch’ in the Brand Finance Africa 200 2026 report and has debuted in the index with a brand value of USD 277 million, ranking 61st overall and 43rd by brand strength with a Brand Strength Index (BSI) score of 84.8 out of 100. The recognition marks another significant milestone in Yas’ emergence as one of Africa’s most compelling brand transformation stories, having first gained global recognition earlier this year in the Brand Finance Telecoms 150 2026.

Yas was created when AXIAN Telecom unified multiple market-leading brands across its operations in Madagascar, Comoros, Senegal, Togo, and Tanzania under a single pan-African identity, building a brand platform designed for scale. The transition was anchored in continuity – preserving the trust customers had built with each local brand, while creating a cohesive, future-ready proposition with the scale to compete across Africa.

Yas’ debut in the Brand Finance Africa 200 2026 ranking reflects the increasing continental resonance of the brand and underscores Yas’ continued investment in network expansion, digital innovation, and inclusive connectivity that help African communities unlock their digital potential across the continent.

ABSA BANK CHAMPIONS YOUNG TALENT AND INCLUSIVITY AT SWAHILI TALENT SWIMMING COMPETITION SEASON 3

Absa Bank Tanzania Liability Products Manager, Mr. George Kaindoah, presents an award to Malachi Mwiki, one of the winners of the just-ended Absa Bank-sponsored Swahili Talent Swimming Competition Season 3, at the Dar es Salaam Gymkhana Club grounds on Sunday. The event featured more than 300 participants from over 25 schools and placed a special focus on promoting inclusivity by involving children with special needs from Dar es Salaam and Arusha, with the aim of identifying and nurturing young swimming talent.

Young swimmer Cairo Erick Johannes, dives into action during the just-ended Swahili Talent Swimming Competition Season 3, sponsored by Absa Bank Tanzania, at the Dar es Salaam Gymkhana Club grounds on Sunday. 

Absa Bank Tanzania Liability Products Manager, Mr. George Kaindoah, presents an award to Amran Suleiman, one of the winners of the just-ended Absa Bank-sponsored Swahili Talent Swimming Competition Season 3, at the Dar es Salaam Gymkhana Club grounds on Sunday. Other winners pictured are Alssein Humudi (third left) and Konhelli Mhella.

Dar es Salaam, Tanzania — More than 300 young swimmers from over 25 schools gathered at the Dar es Salaam Gymkhana Club grounds on Sunday for the exciting finale of the Swahili Talent Swimming Competition Season 3, proudly sponsored by Absa Bank Tanzania.

The competition not only celebrated sporting excellence among young swimmers but also highlighted the importance of inclusivity by involving children with special needs from Dar es Salaam and Arusha.

The event attracted students, parents, coaches, and sports enthusiasts, creating a vibrant atmosphere filled with determination, excitement, and celebration of young talent in swimming.

Promoting Young Talent Through Sports

Speaking during the prize-giving ceremony, Absa Bank Tanzania Liability Products Manager, Mr. George Kaindoah, presented awards to some of the competition’s outstanding performers, including Malachi Mwiki and Amran Suleiman.

Other notable winners recognized during the event included Alssein Humudi and Konhelli Mhella, who impressed spectators with their performances throughout the competition.

ABSA BANK TANZANIA REAFFIRMS COMMITMENT TO LEADERSHIP DEVELOPMENT IN TANZANIA

Absa Bank Tanzania Director of Human Capital and Culture, Mr. Patrick Foya (fifth left), receives a sponsorship appreciation award from Fanisi Platform Founder, Ms. Sarah Majengo, during Fanisi’s 5th anniversary celebrations in Dar es Salaam over the weekend. Also pictured (third from right) is Tanzania Investment and Special Economic Zones (TISEZA) Director General, Mr. Gilead Teri, together with Absa Bank officials.

Absa Bank Tanzania Director of Human Capital and Culture, Mr. Patrick Foya (left), addresses participants during the Fanisi Platform 5th anniversary celebrations, sponsored by Absa Bank, in Dar es Salaam over the weekend.

Absa Bank Tanzania Director of Human Capital and Culture, Mr. Patrick Foya (right), exchanges views with attendees during the Fanisi Platform 5th anniversary celebrations, sponsored by Absa Bank.

Absa Bank Tanzania has reaffirmed its commitment to nurturing local talent and strengthening leadership development in Tanzania through its partnership with the Fanisi Platform.

Speaking during the Fanisi Platform’s fifth anniversary celebration in Dar es Salaam, Absa Bank Tanzania Director of Human Capital and Culture, Mr. Patrick Foya, said the bank was proud to be associated with an initiative that continues to shape a new generation of leaders across the country.

Addressing guests, partners, alumni, and participants of the platform, Mr. Foya praised the vision of Fanisi founder Ms. Sarah Majengo, and said, the platform has, over the past five years, transformed mid-level professionals into confident corporate leaders by bridging talent gaps and redefining modern leadership in the region.

He noted that Absa’s partnership with Fanisi aligns with the bank’s purpose of empowering Africa’s future through investing in people and leadership development.

“At Absa, our purpose is to empower Africa’s tomorrow, together one story at a time, and for us that really starts with our people,” he said. “We are intentional about building leaders from within. We call it growing our own number, which simply means investing in our people and helping them grow into confident leaders.”

STANDARD CHARTERED TANZANIA MENTORS OVER 150 STUDENTS AT PUGU BOYS SECONDARY SCHOOL

Dar es Salaam, Tanzania – 23 May 2026: Standard Chartered Tanzania, through its Employee Volunteering (EV) programme, hosted a mentorship session at Pugu Boys Secondary School on 23 May 2026, engaging over 150 students in an interactive and insightful learning experience.

The session covered a range of key topics including financial literacy, discipline, character development, career guidance, and navigating negative influences. The initiative aimed to equip students with essential life skills, empowering them to make informed decisions and build a strong foundation for their future.

During the session, Standard Chartered Tanzania colleagues shared practical knowledge and personal experiences to inspire students to take ownership of their personal growth, financial well-being, and career aspirations. The engagement forms part of the Bank’s broader efforts to support youth development and community empowerment.

Speaking during the session, Mr. Herman Kasekende, Chief Executive Officer and Head, Banking & Coverage, emphasized the importance of mentorship and role modelling:

“The boy child is particularly important to me, and mentoring you is something I am deeply passionate about. Each of us has a vital role to play in shaping the next generation of men—individuals who will make positive contributions to society. I hope you t ake away valuable insights from today’s discussion— whether it’s understanding how to manage your finances (it’s never too early to begin), developing the right skills to excel in your career, or prioritizing bothyour mental and physical well - being, among other life lessons.”

KAMPENI YA “WEKEZA NBC SHAMBANI USHINDE” YAZINDULIWA RUNGWE NA KYELA MKOANI MBEYA

Mkuu wa Wilaya ya Rungwe Bw Jaffar Haniu (katikati) akikata utepe kuashiria uzinduzi rasmi wa kampeni ya “Wekeza NBC Shambani Ushinde” inayoratibiwa na Benki ya NBC, ikilenga kuongeza tija na uzalishaji wa mazao ya kimkakati ikiwemo ufuta, kokoa na kahawa wilayani humo. Wengine pichani ni pamoja na Mkurugenzi wa Idara ya Wateja Binafsi na Biashara Ndogo wa benki hiyo, Bw. Elibariki Masuke wa (wa tatu kulia), Mkuu wa Kanda ya Kusini wa NBC, Bi. Zubeider Haroun (wa pili kulia) pamoja na maofisa wengine waandamizi wa wilaya hiyo.

Mkuu wa Wilaya ya Kyela, Bi. Josephine Manase (katikati) akikata utepe kuashiria uzinduzi rasmi wa kampeni ya “Wekeza NBC Shambani Ushinde” inayoratibiwa na Benki ya NBC, ikilenga kuongeza tija na uzalishaji wa mazao ya kimkakati ikiwemo ufuta, kokoa na kahawa wilayani humo. Wengine pichani ni pamoja na Mkurugenzi wa Idara ya Wateja Binafsi na Biashara Ndogo wa benki hiyo, Bw. Elibariki Masuke (wa tatu kulia), Mkuu wa Kanda ya Kusini wa NBC, Bi. Zubeider Haroun (kulia) pamoja na maofisa wengine waandamizi wa wilaya hiyo.


Mkurugenzi Mtendaji wa Wilaya ya Kyela, Wakili Florah Luhala akizungumza na wageni waalikwa wakati wa hafla hiyo.

Rungwe/Kyela, Mbeya — Mei 20, 2026 — Benki ya Taifa ya Biashara (NBC) imezindua rasmi kampeni yake ya “Wekeza NBC Shambani Ushinde” katika wilaya za Rungwe na Kyela mkoani Mbeya, ikiwa ni sehemu ya mkakati wa benki hiyo wa kuimarisha ujumuishaji wa huduma za kifedha kwa wakulima na kuchochea maendeleo ya sekta ya kilimo nchini.

Uzinduzi huo umepokelewa kwa pongezi kutoka kwa viongozi wa Serikali katika wilaya hizo, huku Wakuu wa Wilaya ya Rungwe na Kyela, Bw. Jaffar Haniu na Bi. Josephine Manase, wakieleza kuvutiwa na namna kampeni hiyo ilivyolenga kuwainua wakulima kupitia huduma za bima, elimu ya fedha pamoja na suluhisho mbalimbali za kifedha zinazokidhi mahitaji ya sekta ya kilimo.

Kupitia kampeni hiyo, NBC inalenga kuongeza tija na uzalishaji wa mazao ya kimkakati yakiwemo kahawa, kakao na ufuta kwa kuwafikia wakulima mmoja mmoja, AMCOS pamoja na vyama vikuu vya ushirika kupitia huduma maalum za kibenki, elimu ya kifedha na bidhaa bunifu zinazosaidia kukuza kilimo-biashara.

Serikali Yapokea Kwa Pongezi Kampeni ya NBC Shambani

Uzinduzi wa kampeni hiyo ulifanyika hivi karibuni ambapo wilayani Rungwe hafla hiyo iliongozwa na Mkuu wa Wilaya, Bw. Jaffar Haniu, huku uzinduzi wa Kyela ukiongozwa na Mkuu wa Wilaya hiyo, Bi. Josephine Manase. Hafla hizo zilihudhuriwa na viongozi wa vyama vya ushirika, wakulima, wadau wa sekta ya kilimo pamoja na viongozi waandamizi wa NBC wakiongozwa na Mkurugenzi wa Idara ya Wateja Binafsi na Biashara Ndogo wa benki hiyo, Bw. Elibariki Masuke.

Akizungumza katika uzinduzi wa kampeni hiyo wilayani Rungwe, Bw. Haniu aliipongeza NBC kwa kuendelea kubuni huduma za kifedha zinazowalenga moja kwa moja wakulima na kusaidia kuchochea ukuaji wa uchumi katika maeneo ya vijijini.

Alisema huduma za bima zinazotolewa kupitia kampeni hiyo, ikiwemo bima ya mazao, mifugo, misitu na afya, zina mchango mkubwa katika kupunguza athari za kiuchumi zinazotokana na majanga mbalimbali pamoja na kuwahakikishia wakulima usalama wa shughuli zao za uzalishaji.

“Mbali na motisha ya zawadi mbalimbali zinazotolewa kupitia kampeni hii, jambo kubwa zaidi ni namna NBC ilivyogusa mahitaji halisi ya wakulima kupitia elimu ya fedha, mikopo ya kilimo na huduma za bima ambazo zitawawezesha wakulima kuongeza tija na kupanga vizuri matumizi ya mapato yao,” alisema Bw. Haniu.

BENKI YA EXIM TANZANIA YAZINDUA HUDUMA ZA KIBENKI KUPITIA WHATSAPP

Mkuu wa Kitengo cha Mifumo Mbadala ya kidigitali wa Benki ya Exim, Silas Matoi (kulia), akizungumza wakati wa uzinduzi wa mfumo wa "Exim WhatsApp Banking" unaolenga kuwawezesha wateja wa Benki ya Exim kupata huduma mbalimbali za kibenki. Kushoto ni Meneja Mkuu wa Masoko na Mawasiliano wa Benki ya Exim Tanzania, Kauthar D’souza. Uzinduzi huo umefanyika Mei 21, 2026 Makao Makuu ya Benki ya Exim jijini Dar es Salaam.

Dar es Salaam, Tanzania – May 21, 2026 – Exim Bank Tanzania imezindua rasmi huduma mpya ya Exim WhatsApp Banking, hatua inayolenga kurahisisha huduma za kibenki kwa kuwafikia wateja kupitia moja ya majukwaa yanayotumika zaidi duniani – WhatsApp.

Huduma hiyo mpya ya kidijitali imeundwa kusaidia wateja kufanya miamala yao ya kila siku kwa haraka, urahisi na usalama zaidi bila ya kupakua programu nyingine au kutembelea tawi la benki.

Huduma Zitakazopatikana Kupitia WhatsApp

Kupitia Exim WhatsApp Banking, wateja sasa wataweza:

• Kuangalia salio la akaunti
• Kuhamisha fedha
• Kutuma fedha kwenda mitandao ya simu
• Kufanya malipo kwa wafanyabiashara
• Kulipia huduma za serikali kupitia GePG
• Kupata huduma zinazohusiana na kadi za benki

Huduma zote hizi zitapatikana moja kwa moja ndani ya WhatsApp kupitia mfumo rahisi na unaofahamika kwa watumiaji wengi.

Exim: Tunarahisisha Upatikanaji wa Huduma za Benki

Akizungumza wakati wa uzinduzi huo, Mkuu wa Kitengo cha Mifumo Mbadala ya Kidigitali wa Exim Bank Tanzania, Silas Matoi, alisema mfumo huo umebuniwa kwa lengo la kuboresha uzoefu wa wateja na kuongeza urahisi wa kupata huduma za kifedha.

“Kupitia Exim WhatsApp Banking, wateja wetu sasa wanaweza kuangalia salio kwenye akaunti zao, kutuma fedha kwenda kwenye mitandao ya simu, kulipa bili na malipo mbalimbali ya serikali pamoja na kupata huduma zote zinazohusiana na kadi moja kwa moja kupitia WhatsApp,” alisema Matoi.

 

AIRTEL EXPANDS DIGITAL FOOTPRINT IN MWANZA AS DEMAND FOR CONNECTIVITY GROWS

Mwanza, Tanzania — Airtel Tanzania has expanded its digital presence in Mwanza following the launch of a new Smart Shop aimed at improving access to communication and financial services across the Lake Zone.

The investment reflects the growing demand for reliable connectivity and digital financial services in one of Tanzania’s fastest-growing commercial regions.

Speaking during the launch event, Ilemela District Commissioner Amir Mkalipa said the new facility highlights the increasing role of technology in driving trade, financial inclusion, and economic growth within Mwanza and the wider Lake Zone.

“Technology is a bridge to development, and communication remains a powerful tool for connecting people, businesses and opportunities,” he said.

Mwanza’s Growing Strategic Importance

The District Commissioner noted that Mwanza continues to strengthen its position as a major commercial hub, supported by thriving sectors such as fishing, agriculture, mining, tourism, trade, and transport — all of which increasingly rely on dependable communication infrastructure and digital solutions.

According to the 2022 Population and Housing Census, Mwanza Region has a population of approximately 3.69 million people and spans 19,592 square kilometres, making it one of Tanzania’s key economic regions.

Mr. Mkalipa emphasized that improved digital services are becoming increasingly essential for residents, particularly small-scale traders, fishermen, farmers, and youth entrepreneurs seeking to grow their businesses through mobile communication and digital financial platforms.

“This is not simply the opening of a shop. It is part of a wider transformation where technology is bringing services closer to citizens and creating new economic opportunities,” he added.

Bringing Services Closer to Customers

The newly launched Airtel Smart Shop will offer a range of services including:

• Airtel Money support services
• SIM card registration
• High-speed internet solutions
• Smartphone access and support services

Speaking at the launch, Airtel Tanzania Lake Zone Marketing Manager Mlaki Mchala said Mwanza remains among the company’s fastest-growing markets due to rising demand for digital communication services.

“We currently serve more than 1.2 million customers in Mwanza Region and work with over 15,000 Airtel Money agents across urban and rural communities,” he said.

NMB ANNOUNCES HISTORIC FIRST-EVER SPECIAL DIVIDEND AS SHAREHOLDER PAYOUT HITS RECORD TZS 305 BILLION

David Nchimbi, Chairperson of the Board of Directors of NMB Bank Plc (centre), the bank’s Managing Director and Chief Executive Officer Ruth Zaipuna (right), and Director of Investor Relations, Sustainability and Corporate Communication, Innocent Yonazi (left), address journalists during a media briefing on the bank's proposed record dividend payout of TZS 305 billion for the 2025 financial year. The proposed dividend of TZS 610.15 per share is expected to be tabled for shareholders' approval at the bank's 26th Annual General Meeting scheduled for June 10, 2026.

Dar es Salaam, Tanzania – May 21, 2026 – NMB Bank Plc has announced a historic first-ever special dividend of TZS 105.89 per share, cementing its position as one of Tanzania’s most successful financial institutions following a record-breaking financial performance in 2025.

The announcement was made during a press briefing held at the bank’s headquarters in Dar es Salaam ahead of the lender’s 26th Annual General Meeting (AGM) scheduled for June 10, 2026, at the Julius Nyerere International Convention Centre (JNICC) in Dar es Salaam.

The proposed special dividend comes on top of an ordinary dividend of TZS 504.26 per share, bringing the total proposed shareholder payout to TZS 610.15 per share — equivalent to approximately TZS 305 billion. The payout marks the largest dividend distribution ever recorded in Tanzania’s banking sector.

A Landmark Achievement for NMB and Tanzania’s Banking Industry

Speaking during the briefing, NMB Managing Director and Chief Executive Officer, Ruth Zaipuna described the milestone as a reflection of the successful implementation of the bank’s 2021–2025 Medium-Term Plan (MTP), which delivered unprecedented growth, profitability and shareholder returns.

“We would like to officially announce that the 26th Annual General Meeting of NMB Bank shareholders will be held on June 10, 2026, at JNICC as part of our continued commitment to transparency, accountability and engagement with our shareholders and stakeholders,” she said. 

Ms Zaipuna noted that NMB had already made history earlier this year after announcing a profit before tax of TZS 1.1 trillion, becoming the first company in Tanzania’s history to reach such a milestone.

Following completion of the external audit process, the bank’s profit after tax for 2025 increased from TZS 750 billion to TZS 756 billion.

“As a result of this historic performance, management has proposed to the Board of Directors an ordinary dividend of TZS 504.26 per share amounting to TZS 252 billion,” she explained.

She added that the bank’s strengthened capital position under its long-term capital plan enabled management to introduce a special dividend for the first time in the institution’s history.

“The bank is now in a position to announce a special dividend for the first time in its history and also the first of its kind in the history of Tanzania’s banking and financial sector,” she said.

INSIDE BOLT’S CONTINUED DOMINANCE IN TANZANIA

Dar es Salaam, Tanzania – May 20, 2026 – In Tanzania’s rapidly evolving digital mobility sector, Bolt is increasingly positioning itself as more than just a ride-hailing platform. The company’s latest leadership messaging highlights a broader ambition: becoming an essential part of the country’s economic infrastructure by connecting mobility, entrepreneurship, and income generation.

A Different Kind of Interview Setting

Rather than choosing a corporate office or conference venue, Bolt East Africa Senior General Manager, Dimmy Kanyankole sat down for a one-on-one interview with former BBC anchor, Salim Kikeke inside a small boutique owned by a young female entrepreneur in Mikocheni, Dar es Salaam.

The location itself carried a symbolic message. By conducting the interview inside an SME-operated business, Bolt reinforced its position that mobility extends beyond transportation — serving as a key enabler of economic activity for entrepreneurs, workers, and urban communities.

According to Kanyankole, when people and goods move reliably and affordably, small businesses gain customers, workers access more opportunities, and cities function more efficiently.

Tanzania Emerging as a Key Growth Market

Kanyankole revealed that Tanzania has become one of Bolt’s standout markets globally, driven by growing demand for accessible and technology-enabled transport solutions.

“Bolt operates in over 50 countries globally, and in 2025 Tanzania emerged as one of our fastest-growing markets in Africa — second globally only to Switzerland,” he said.

The company’s expansion has been largely powered by its growing driver-partner network, with more than 30,000 Tanzanian drivers currently using the platform as a source of daily income.

STANBIC, GIZ AND SSB EMPOWER DODOMA FOOD ENTREPRENEURS WITH BUSINESS SKILLS AND CLEAN COOKING SOLUTIONS

Stanbic Bank Regional Manager for Dodoma, Joan Mbise (left), hands over an energy-efficient stove to food vendor, Magdalena Lusinde shortly after an entrepreneurship training session for food entrepreneurs held in Dodoma. The training was sponsored by Stanbic Bank.

Head of the Biashara Incubator Unit at Stanbic Bank, Kai Mollel, speaks with some women food vendors from Dodoma Region who attended an entrepreneurship training session for male and female food vendors organized by the bank in Dodoma.

Initiative Expands Support for Tanzania’s Informal Food Sector

Dodoma, Tanzania - 19 May 2026: Stanbic Bank Tanzania, through the Stanbic Biashara Incubator, in partnership with Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) and Said Salim Bakhresa & Company Limited (SSB), has expanded its RISE Mama Lishe programme to Dodoma, empowering 320 women and youth food entrepreneurs with business training, financial literacy skills and energy-efficient cooking stoves.

The Dodoma engagement marks another milestone in the national programme first launched in Dar es Salaam in November 2025. Since then, the initiative has reached entrepreneurs in Dar es Salaam, Arusha, Kilimanjaro and Tanga, with Dodoma now serving as a strategic hub in broadening the programme’s national footprint.

The initiative aims to strengthen Tanzania’s informal food sector by helping entrepreneurs improve business operations, reduce operational costs and adopt cleaner, safer cooking solutions.

Supporting Inclusive Growth and Clean Cooking Adoption

Through the 2025–2026 cycle, Stanbic Bank and GIZ are targeting to empower 2,000 women and youth entrepreneurs through entrepreneurship training, financial literacy, clean cooking awareness and practical business support.

In Dodoma alone, 300 participating entrepreneurs will each receive an energy-efficient stove designed to reduce fuel consumption, lower smoke exposure and improve workplace safety.

EQUITY GROUP POSTS RECORD Q1 2026 RESULTS AS TANZANIA LEADS PROFIT GROWTH ACROSS SUBSIDIARIES

Equity Group Holdings Plc has announced record financial results for the first quarter of 2026, reflecting strong growth driven by its technology-led transformation strategy and continued expansion of inclusive financial services across Africa.

The Group reported a 24% year-on-year increase in Profit After Tax (PAT), reaching Ksh 19.1 billion in Q1 2026 compared to Ksh 15.4 billion recorded during the same period in 2025. The strong performance underscores the continued success of the Group’s strategy to position itself as a resilient Pan-African financial services institution anchored on innovation, digital transformation, and customer-centric banking solutions.

Equity Group’s balance sheet expanded by 16% to Ksh 2.04 trillion, supported by sustained customer confidence and growing economic activity across its regional markets. Customer deposits increased by 13%, while net loans registered a 9% growth, further reinforcing the Group’s strong market position and expanding financial intermediation role across Africa.

The Group also achieved a major milestone in its regional expansion strategy, with regional subsidiaries now contributing 50% of Group banking profitability and accounting for 52% of total banking assets. The achievement highlights Equity’s continued evolution into a strong continental financial services champion with diversified growth across multiple African markets.

Strong growth was recorded across regional subsidiaries, led by Equity Bank Tanzania, which posted an outstanding 150% increase in Profit After Tax during the quarter. Equity Bank Rwanda followed with a 36% increase, while Equity Bank DRC recorded a 32% growth in profitability, reflecting the strength of the Group’s regional operations and expanding market footprint.

Under the leadership of Managing Director, Isabela Maganga, Equity Bank Tanzania emerged as the best-performing subsidiary in terms of profit growth. The remarkable performance reflects the bank’s continued focus on expanding access to financial services, accelerating digital banking adoption, and promoting financial inclusion across Tanzania.