EXIM Bank Tanzania has signed a Memorandum of Understanding (MoU) with the Zanzibar eGovernment Agency (eGaz) geared towards accelerating the isle’s digital transformation journey.
The MoU was signed after the recent launch of the Zanzibar Digital Government Strategy for 2023-2027 that was graced by Dr Hussein Ali Mwinyi, President of Zanzibar.
Speaking before the signing ceremony held in Zanzibar at the weekend, the Exim Chief Finance Officer (CFO), Shani Kinswaga said the MoU aligns with Zanzibar’s digital transformation goals laid out in the Isle nation’s digital economy blueprint and roadmap.
Under the MoU Exim will leverage technology as a tool to provide an exceptional digital experience by collaborating with eGaz to digitise payments which will ultimately increase Zanzibar’s revenues and improve efficiency.
The eGaz Managing Director, Mr Said Seif Said said that the partnership between the duos will help fuel economic growth and facilitate financial and digital inclusion in Zanzibar.
“We have been waiting for this moment for so long and we are glad that we have finally signed the MoU marking the beginning of our exciting digital transformation journey,” he said.