In a bid to bolster the nation's digital economy, Tanzanian officials have opted to forge strategic alliances.

Minister of Information and Communication Technologies Nape Nnauye (pictured center) signed a memorandum of understanding (MoU) with NMB Bank executives this weekend in Dar es Salaam. "This agreement aligns with our Ten-Year Digital Economy Strategy (2024-2034)," Nnauye emphasized, highlighting the government's commitment to fostering local tech advancement.

The partnership positions NMB Bank as a key player in Tanzania's digital drive. The collaboration will see the bank co-design crucial digital systems alongside public authorities. Examples include the "Jamii Namba" citizen identification platform and the electronic "Know Your Customer" (eKYC) protocol for streamlined online service delivery.

NMB Bank CEO Ruth Zaipuna (pictured left) welcomed the partnership, stating, "Strengthening the digital economy benefits both NMB Bank and the broader financial sector by enabling improved delivery of financial services across the country."

This move aligns with President Samia Suluhu's vision of a thriving digital economy as a vital engine for Tanzania's development. The country's growing online presence is undeniable, with DataReportal data citing 21 million internet users and 4.90 million social media users as of 2023, translating to a 31.6% internet penetration rate.

Adoni Conrad Quenum