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FinTech

Tanzania Adds 1 Million Mobile Subs in Q3

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Tanzania's mobile operators added just over 1 million additional mobile subscriptions between them during the third quarter of 2019, taking the total to 44.8 million by the end of last September, according to the latest statistics shared by the Tanzania Communications Regulatory Authority (TCRA).

Vodacom is the leading mobile operator with a 33% market share, followed by Airtel with 26.6% and Tigo with 26.1%, as the chart below shows.

The number of Mobile Money accounts also grew during the quarter, up from 22.96 million at the end of June 2019 to 23.69 million at the end of September, when M-PESA was the most popular service (with 41% market share) followed by Tigo Pesa (29%) and Airtel Money (19%).

But despite the rise in the number of mobile money users, the number of mobile money transactions decreased, dipping to 252.4 million in September 2019 from 267.1 million in August, 261.7 million in July, and 260.4 million in June.

— The staff, Connecting Africa

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