Tanzania Tops Africa in financial inclusion and ranked 6th in the world

Tutafika

JF-Expert Member
Nov 4, 2009
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"TANZANIA leads in Africa in the provision of the most conducive environment for financial inclusion, thanks to the bold policy approach by the Central Bank to allow non-banking institutions to provide financial services."

"....It is also ranked number 6th globally for providing the most conducive environment for financial inclusion as evaluated by the Intelligence Unit of the Economist through their Global Microscopic Surveys conducted in 2014 and 2015.

“In 2015, we were ranked number six among 55 countries in the world, leading all other African countries,” he said in his opening remarks of a workshop on financial inclusion jointly organised in Dar es Salaam yesterday by the Central Bank and the World Bank.

He attributed the glowing success to a bold approach taken by the Central Bank to support innovation by allowing non-banking institutions to provide financial services in the country which boosted financial inclusion.

Tanzania takes top financial inclusion spot in Africa
 
What does it helps to ordinary citizens, even for top citizens.. Seriously i don't understand the essence of this...! Please clarify more
 
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