Forex Exchange Rates 22 January 2016 – Courtesy Of Ecobank Tanzania
January 22, 2016
1 minute read
Ecobank Tanzania exchange rates for amounts below 10,000. This applies to GBP, EUR and USD. For amounts above 10,000 please contact Ecobank’s Treasury.
FSDT has launched a call for proposals for advisory services to establish a venture capital and private equity fund in Tanzania. The initiative, funded by the European Union, aims to support youth and women entrepreneurs with seed and growth-stage capital. The deadline for proposal submission is 5 PM, 3rd March 2025.
Tuma Ventures has obtained a Payment System Provider (PSP) license from the Bank of Tanzania. The license enables the company to offer digital payment solutions, real-time transactions, and mobile wallet services in Tanzania.
The Bank of Tanzania has announced the launch of its FinTech Regulatory Sandbox, with applications starting January 2025 and opening quarterly. The sandbox allows fintech companies to test innovative financial products in a controlled regulatory environment, fostering innovation and guiding the development of future regulations in Tanzania.
The Tanzanian government has introduced the TZS 150 billion Samia Infrastructure Bond to finance road projects managed by TARURA. Offering 12% annual interest, the bond supports local contractors, enhances road connectivity, and aligns with Vision 2025 goals.
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