Cracking the code: Unravelling Tanzania startup funding puzzle

The CRDB Bank’s startup development and innovation manager, Ms Sharon Nsule (left) speaks during a breakfast debate organised by Policy Forum that coincided with Innovation Week 2024. Others to the right are Sahara Ventures founder and Tanzania Startups Association (TSA) board member Jumanne Mtambalike, founder and CEO of Niajiri Platform Lilian Madeje and the Small and Medium Enterprises (SMEs) head at Stanbic Bank Tanzania, Mr Charles Misheto. PHOTO | LOUIS KOLUMBIA

What you need to know:

  • Tanzania's absence of significant funding is a matter of concern, especially after another member of the East African Community (EAC)—Uganda—managed to record over $10 million in funding during the said months.