Stimulating innovation through public-private partnerships

The financial sector in Tanzania is unrecognisable from that of just 20 years ago.  Financial solutions can be accessed from anywhere in the country using a mobile phone, offered by a wide-range of new entrants to the market and the regulatory and legal environment has rapidly evolved to provide oversight to a wide range of new areas.

As a result, formal financial inclusion has increased fourfold, but new thinking is crucial to drive the financial inclusion agenda further. To meet the needs of all consumer groups, evidence-based innovative business strategies, policies and laws are crucial for an enabling and protective environment for both service providers and customers.

FSDT is working to address the challenge of closing the innovation gaps among these groups through public-private partnerships, forward-thinking policies and customer-led business strategies.