Tanzania, April 7 -- Dar es Salaam. Tanzania is strengthening its position in Africa's financial system after making progress in linking with regional payment platforms, a move expected to boost cross-border trade and economic integration.

Bank of Tanzania (BoT) Governor Mr Emmanuel Tutuba said the progress reflects ongoing efforts to leverage financial technology to improve the sector and expand access to financial services locally and across borders.

Speaking in Tangier, Morocco, at a ministerial panel during the 58th session of the United Nations Economic Commission for Africa over the weekend, Mr Tutuba said the milestone places Tanzania among key players in the continent's evolving payments landscape.

"Tanzania is part of regional...