HeyJaredIn Depth on Africa Fintech
Deep dives into details around building digital commerce technology in Africa
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- Sep 23, 2026
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Why is Tanzania the Most Expensive Mobile Money Market in the World? (opens the original)
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As co-founder of Azampesa, the smallest and only sim-independent mobile money provider in Tanzania, I studied the payments market carefully over the last few years. The following argument is based on that knowledge. With more than 75 million active accounts, Tanzania is one of the world leaders in the usage of mobile money. Adoption is not slowing, the last 5 years have seen a dramatic increase in usage with account growth exceeding 10 million per year. Despite this, Tanzania remains a predomina
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