NEXUS LAUNCHA digital home for Tanzania's innovation ecosystem
The Tanzania Innovation Nexus was launched on Day 2 with support from FUNGUO and the Swiss Embassy. The platform connects startups, support organisations and funders, with an interactive ecosystem map, smart matching between startups and funders, and impact measurement tools.
Read it in IWTz Daily →MEDIA INNOVATION AWARDTZS 5 million for media innovators
The DIRA 2050 Media Innovation Challenge awarded TZS 5 million to its winners, with Mwananchi Communications offering platform access and mentorship. Winners announced at the session included Musoma News Hub and KIJANA INNOVATE HUB.
Read about the session →YOUTH-POLICY DIALOGUE300 young people, one conversation with policymakers
More than 300 young people joined Vijana na Dira 2050. Youth Development Minister Dr. Joel Nanauka said Dira 2050 wants a society that embraces continuous learning, and wants young people to take part in production and manufacturing, not only trading and selling.
Read about the session →DATA & AIFrom a juice vendor's records to a live dashboard in six minutes
Harvey Kadyanji, CTO of Black Swan, turned raw transaction records into a working analytics dashboard in six minutes. He then warned what AI still lacks: taste, tribal knowledge, knowing what to build and knowing when it is wrong.
Read about the session →INCLUSIVE INSURANCEParametric insurance for 20,000 seaweed farmers
In a session on inclusive insurance, Christopher Mazali presented Mwani Salama, parametric insurance for 20,000 seaweed farmers in Zanzibar. Tanzania's insurance penetration stands at 2.11%, and the regulator has introduced a sandbox to test innovations.
Read about the session →HEALTH INNOVATIONWound dressing made from banana fibres
At the Ifakara Innovation Hub session, Dr. Noni Tindigwe introduced Bagazi Gauze, an eco-friendly wound dressing made from banana fibres. Maganga Mabula presented Mnyama Check, an app that connects livestock keepers to veterinary doctors.
Read about the session →FINTECH SCALE-UPFrom 33 fintech startups to 171
Tanzania's fintech sector has grown from 33 startups in 2021 to 171 today, though scaling remains difficult. Speakers said banks often view early fintechs as too small or too risky, while Tanzanian fintechs are expanding into regional markets such as Kenya and Uganda.
Read about the session →FUNGUO COHORT 5Fourteen enterprises chosen from 2,660 applicants
FUNGUO unveiled its fifth cohort: fourteen Tanzanian-owned, post-revenue enterprises selected from 2,660 registered applicants across priority sectors, as the programme marked five years since its launch.
Read about the session →