Tanzania, April 8 -- Dar es Salaam. Vodacom Tanzania has completed a major upgrade of its mobile money system following a $28 million (about Sh72 billion) investment aimed at improving reliability, security and customer experience.

The upgrade, described as one of the most significant fintech infrastructure developments in the country, shifts M-Pesa from its legacy G2 system to a next-generation platform designed to support growing demand for digital financial services.

Vodacom Tanzania chief executive officer, Philip Besiimire, said the investment is intended to strengthen the long-term resilience of one of the country's most widely used financial platforms.

"This investment is about futureproofing one of Tanzania's most important fin...