Tanzania’s digital finance boom: balancing inclusion and security

Tanzania’s digital finance boom: balancing inclusion and security

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Africa’s fintech sector is thriving, with digital finance rapidly outpacing traditional banking. A new report from the European Investment Bank highlights how mobile networks are expanding financial services across the continent, improving access and driving economic growth. In Tanzania, technological advancements have significantly enhanced financial inclusion, but they also bring new security challenges as scams and fraud attempts rise. Journalist: Goodhope Amani