AGP Executive Report
Last update: 5 hours agoDigital Infrastructure: Tanzania says 2,151 communications towers are serving 1,979 wards, while a completed 758-tower project has extended coverage to 8.5 million people. Industry and Mining: The government’s new 2026–31 industrial programme aims to mobilise nearly $7 million for manufacturing, value addition, skills and exports. Separately, the Minerals Ministry collected Sh411 billion in the first quarter, 17% above target. Banking: The country’s 16 largest banks expanded lending by Sh4.14 trillion in the quarter to September, reaching Sh55.12 trillion; combined nine-month net profit topped Sh2.02 trillion. Investment: Projects registered in the July–September quarter totalled $2.81 billion and are expected to create 35,638 jobs, with manufacturing leading projected employment. Regional Payments: The EAC is developing an integrated cross-border payment system to cut transaction costs and reduce reliance on the US dollar.
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