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Here is a recap of last week's innovation week. I attended the event for four days mainly targeting sessions on fintech, startups and AI and below are the takeaways from each day.

Day 1: This day was the official launch of the event and the main session focused on DIRA 2050 and how different players can contribute to the goal of the 1 trillion dollar economy. Vodacom Tanzania presented their view of how the private sector can contribute to the vision and urged the government to create frameworks and policies that will assist towards accomplishing the goal. The guest of honor Hon. Prof Kitila Mkumbo urgued people to take action and work on their ideas.

Day 2: Unlocking Digital Merchant Payment in Tanzania hosted by Financial sector deepening Tanzania (FSDT) was a session on merchant payments. FSDT presented a report concerning the state of merchant payment in Tanzania and argued that the infrastructure and regulatory policies was already in place, but Acceptance was still an issue. In the panel discussion representatives from Vodacom, Black Swan, NBC Tanzania and Financial Sector Deepening Tanzania showed how they were contributing to merchant payments in general and how technology such as AI contributes to merchant payments.

Day 3: Digital Assets as Financial Infrastructure hosted by NEDA Labs focused on digital assets such as the nTZS which is the first Tanzanian stable coin and showed how it could contribute to the 1 trillion dollar economy by potentially strengthening the Tanzanian shilling. They also showed how projects such as washika dau in cooperation with JUKUMU ORGANIZATION. helped communities in mburahati Tanzania strengthen their finance.

Day 4: On the final day and personally the best one, I attended three sessions. The first one was From Experimentation to Scale-Tanzania's Fintech Journey 2020-2026 where representatives from Swahilies, Tembo, Selcom Tanzania, AzamPay and United Nations Capital Development Fund (UNCDF) Took us through the journey of the fintech space in the past 5 years and explained accomplishments, goals and challenges that fintech.

Congratulations to the organizers and innovators who participated.
#IWTz2026#Startups

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