Watu Credit (Tanzania) Limited has marked five years of operations in Tanzania, reaching more than one million customers and expanding its footprint to all 26 regions of the country.
Since its launch in Dar es Salaam in 2021, Watu Tanzania has financed more than 70,000 motorcycles and three-wheelers and over 1.5 million smartphones, deploying more than Sh700 billion in credit to support mobility, connectivity, entrepreneurship, and income generation.
A high-level panel discussion takes place during Watu Tanzania's 5th Anniversary celebration held at Superdome, Masaki, Dar es Salaam. The discussion reflected on five years of expanding opportunity in Tanzania through mobility, connectivity, technology, asset ownership and strategic partnerships, while highlighting Watu Tanzania's growth, strong partnerships and contribution to supporting mobility, connectivity and income generation across the country. From left to right, Moderator Khalila Mbowe, Country Manager of Watu Tanzania Rumisho Shikonyi, General Manager Operations at Watu Tanzania Abdallah Mohamed, Group Head of Government Relations at Watu Erick Massawe and Head of Mobile Experience at Samsung Tanzania Mgope Kiwanga.
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