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Tanzania registers smart growth in mobile money users

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Tanzania has registered 3.2 million more mobile money subscribers, in the first quarter of 2022.  The East African country had 35.7 million subscribers as of March 2022, up from 32.5 million in January

Tanzania has registered 3.2 million more mobile money subscribers, in the first quarter of 2022.  The East African country had 35.7 million subscribers as of March 2022, up from 32.5 million in January.

This information is contained in the report of the Tanzania Communications Regulatory Authority (TCRA)  in its first-quarter report released at the end of May 2022.

Vodacom Tanzania’s M-Pesa product has 40 percent of the mobile money subscription market share.   Millicom Tigo followed at 26 percent, Bharti Airtel at 21 percent, Halotel at 9 percent, and TTCL with its T-Pesa product with 4 percent.

Read also:

https://trendsnafrica.com/tanzania-on-an-aggressive-mode-to-promote-investment/

https://trendsnafrica.com/ec-grant-for-tanzanias-development-projects/

Mobile network subscriptions also increased during the period. Vodacom Tanzania, Airtel, and Tigo recorded the highest rise in numbers. Vodacom managed to get an additional   572,172 new subscribers from January to March making a total of 16,737,350.   Tigo recorded 14,898,739 users in March, up from 14,620,628 users in January; and Airtel gained 16,635 new users to have a total of 14,760,361.

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