By By Paul Raphael
In recent years,
measures have been taken by the government and private companies alike
to
help strengthen the Tanzanian economy. These efforts are part of
Tanzania's vision to become a middle-income economy by 2025.
It is well known that this ambition - which was designed nearly 20 years ago - is high on the government's agenda.
The Vision sets out
a roadmap of goals that the country wants to deliver by 2025. One of
the Vision's key goals is to develop a strong and competitive economy
with sustained growth.
Investing in the
country's infrastructure forms a key part in helping reach this vision.
For example, there has been much discussion recently regarding the
roll-out of the standard-gauge railway and the upgrade to the country's
road network.
Investment in hard
infrastructure will serve as an important tool for helping the country
boost its productivity and the speed at which goods can be delivered.
Elsewhere, it is
also becoming increasingly clear that digital connectivity is also an
important tool for helping to boost the economy. To that end, it was
recently reported that over 520,000 people in 45 villages will be
connected to the country's telecommunication infrastructure in the near
future.
The scale of this
project is significant and shows that the country's telecom sector and
government are committed to helping the country open a new digital
chapter.
This is, of course,
positive news as digital connectivity provides a way to access life
changing services. For example, Tigo Tanzania has developed a number of
valuable services such as mobile money and m-health services, which have
provided banking and health services to those who previously were
excluded or struggled to gain access.
The impact of these
services should not be underestimated. Financial exclusion in Tanzania
almost halved between 2009 and 2017, largely driven by the rapid
adoption of mobile technology.
However, in order
to ensure that more people become digitally connected and can benefit
from these services, it is important that we continue to support the
country's telecom providers.
Encouraging
investment into the sector and providing a supportive regulatory
environment are just two ways in which we can ensure that these
companies continue to invest in these types of services as well as
future technologies.
This will, in turn, open a range of opportunities, prompting creativity and boosting productivity.
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