DAR ES SALAAM, Aug. 17 -- MOBILE money is becoming an increasingly important part of Tanzanias economic plumbing, with mobile-payment transactions jumping 28.3 per cent to 255.1tri/- in 2025 as digital payments spread.

The value of mobile payments has increased at a compound annual rate of about 22 per cent since 2021, while transaction volumes rose 24.1 per cent to 7.96bn/- in 2025, according to the Bank of Tanzanias National Payment Systems Annual Report 2025.

The surge is turning mobile money from a convenient way to transfer cash into a core payments channel linking consumers, businesses, banks and government. The growth reflects both wider access and more frequent use.

Active mobile-money subscriptions rose 17.5 per cent to 63.21m...