Forex Exchange Rates 22 January 2016 – Courtesy Of Ecobank Tanzania
January 22, 2016
1 minute read
Ecobank Tanzania exchange rates for amounts below 10,000. This applies to GBP, EUR and USD. For amounts above 10,000 please contact Ecobank’s Treasury.
According to Bank of Tanzania data released on 13 October, Tanzania’s GDP grew 5.4% in Q1 2025 at 2015 constant prices, driven by electricity with 19% growth, mining 16.6%, and financial services 15.4%. Agriculture expanded 3.0%, while other sectors such as education and transport grew moderately.
The Bank of Tanzania has opened applications for the second Fintech Regulatory Sandbox cohort, inviting fintech companies and financial service providers to test new solutions not yet covered by regulation. Applications close on 23rd October 2025.
The Bank of Tanzania Tanzania Financial Inclusion Report 2024 shows the inclusion index rising to 0.81, driven by increased access and usage of financial services. Microfinance access points grew 21.4% year-on-year, active mobile money accounts rose 17.5% to 60.75 million, digital loans doubled, warehouse system beneficiaries increased 1,178%, and digital insurance premiums reached TZS 1.4 trillion, highlighting strong growth across both traditional and digital financial services.
The Financial Sector Deepening Trust (FSDT) is looking for a Strategic Advisor to support the design and implementation of digital financial services and sector infrastructure initiatives in Tanzania. The consultant will provide technical expertise on DFS innovations, alternative credit scoring, and shared financial systems, with a focus on financial inclusion for women and youth. The engagement runs from July 2025 to June 2027. Proposals must be submitted by 14 August 2025.
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