Tanzania Leads Africa in Financial Inclusion

Thursday, November 20, 2014

TANZANIA is the first country in Sub-Saharan Africa and ninth globally for demonstrating most conducive environments for financial inclusion, according to the new Global Microscope 2014 by The Economist Intelligence Unit.

The new study released this month shows the country has been outstanding in the region in financial inclusion and the regulatory framework has noted to be the most prudent.

It reveals that in Tanzania the regulatory framework for financial inclusion has become increasingly forward looking and it recognises the Governor of the Bank of Tanzania (BoT), Prof Benno Ndulu as its strong proponent.

Source: AllAfrica (link opens in a new window)

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banking, Base of the Pyramid, financial inclusion, financial services