TURNING INNOVATION INTO JOBS AND ECONOMIC GROWTH

Elly Manjale

BY ELLY MANJALE NMB.

Tanzania’s next generation of jobs, industries and economic opportunities is likely to be generated by startups. However, this will depend on the country building an ecosystem that enables them not merely to emerge, but to survive, scale up and compete.

Tanzania Startup Week 2026, held in Dar es Salaam from October 19 to 23, 2026 – brought this challenge into sharp focus. A startup is a company founded on a new business idea or an innovative solution to a problem, with the potential to grow and compete.

Policy directives and investment announcements made during the event signalled growing recognition that startups can contribute to economic transformation. Yet this conference, like others before it, ended with lofty resolutions. The challenge now is to translate these commitments into practical support for businesses. In Tanzania, startups have abundant opportunities in sectors such as agribusiness, agritech, renewable energy, software and logistics. Businesses in these sectors can address practical challenges, productivity, expand access to services and create employment for young people.

Turning the conference resolutions into practical, actionable programmes requires a startup ecosystem whose participants work in a coordinated and complementary manner. I propose four policy measures.

First, the startup policy, as directed by the Vice-President, Mr Deogratious Ndejembi, should establish a clear definition of a startup, transparent eligibility criteria for public support and an institutional framework that assigns responsibilities to relevant improve national

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ministries, regulators, financial institutions and the Tanzania Startup Association.

Second, the government should establish a sustainable startup financing framework. It should work with domestic financial institutions, development finance institutions, pension funds and private investors to develop a professionally managed venture capital funding mechanism.

Third, following NMB’s commitment of TZS 2 billion, the government should ensure that this pledge translates into accessible finance and commercial opportunities. Clear information should be provided on eligibility, application procedures, financing instruments and disbursement timelines. However, these efforts should extend beyond

telecommunications companies and large businesses should be encouraged to establish similar programmes.

Fourth, the government should review business registration, licensing, taxation and reporting requirements that impose disproportionate burdens on early-stage enterprises. BRELA, TRA, relevant sector regulators and local authorities should coordinate procedures and expand access to digital services.

In conclusion, Tanzania Other banks, should judge its startup policy not by the number of conferences held, policies and directives issued or funds pledged, but by the number of viable businesses that gain customers, attract investment, survive and expand. A predictable regulatory environment, professionally managed financing, accessible markets and accountable institutions can transform startups into engines of employment, innovation and productivity. The commitments announced during Tanzania Startup Week 2026 should provide a foundation for this transformation. Disciplined implementation will determine whether they deliver lasting economic benefits and contribute to Vision (DIRA) 2050.

Elly Manjale is an economic,
business and management consultant based in Arusha who writes on economic,
business, social and political issues.
Email: emanjalle@gmail.com

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