This rate is slightly above the average of 4.4 percent forecasted in 2023 for member countries of the East African Community (EAC) and 3.8 percent for member countries of the Southern African Development Community (SADC).

ATIDI insured EUR300 million loan facility issued by Deutsche Bank AG to the Government of Tanzania. The facility will finance several infrastructure projects included in Tanzania's 2022/2023 budget and aligned with the country’s National Development Vision 2025.

Despite the spillover effects of the war in Ukraine and lingering impact of Covid-19, Tanzania’s economy grew by an impressive 5.4 percent in the first quarter of 2022.

Tanzania’s central bank has announced intentions to launch its central bank digital currency (CBDC) amid the global rise and the increasing adoption of cryptocurrencies.