Exim Bank Tanzania has solidified its commitment to fostering Zanzibar’s tourism sector by teaming up with major industry stakeholders, including Tanzania National Parks (TANAPA) and the Ngorongoro Conservation Area Authority (NCAA), to streamline payments for services such as park fees. This collaboration was highlighted during the Z-Summit 2025, a key event held at SUZA University in Tunguu, where government officials, business leaders, and tourism industry representatives gathered to discuss innovative solutions to elevate Zanzibar’s standing as a leading global travel destination.
This marks the third consecutive year that Exim Bank has sponsored the summit, underscoring the institution’s strong belief in tourism as a vital engine for economic growth. Shani Kinswaga, Exim Bank’s Chief Finance Officer, emphasized the importance of the event, which serves as a platform for sharing knowledge and exploring strategies to strengthen Zanzibar’s position in the global tourism market. “This summit plays a crucial role in advancing Zanzibar as a premier global tourist destination, and our ongoing support reflects our deep commitment to the tourism sector as a catalyst for economic prosperity,” Kinswaga stated.
Exim Bank has made significant strides in leveraging technology to meet the evolving needs of the tourism sector. With a growing demand for digital transactions, the bank has introduced a range of innovative financial solutions, including mobile banking, credit cards, and online payment platforms, to ensure secure, efficient, and convenient transactions for businesses and tourists alike.
Andrew Lyimo, Exim Bank’s Head of Retail Banking, spoke about the partnership with TANAPA, noting the importance of providing seamless, cashless payment options. “We understand that efficiency and security are critical in tourism, which is why we’ve worked with TANAPA and NCAA to enable a smooth, digital payment experience for services such as park fees,” said Lyimo. The Exim TANAPA Card, issued to tour operators, simplifies payments across Tanzania’s protected areas, enhancing the convenience of tourism-related transactions.
The bank’s investment in Zanzibar’s tourism sector goes beyond partnerships. Exim Bank has two operational branches on the island, with plans to expand to other strategic locations, further supporting local businesses with tailored financial solutions. This expansion reflects the bank’s ongoing commitment to providing accessible financing that enables businesses to grow and thrive.
By fostering strong partnerships, embracing digital transformation, and expanding its presence, Exim Bank is playing a crucial role in Zanzibar’s tourism development. Its participation in Z-Summit 2025 highlights the bank’s unwavering commitment to the sector’s sustainable growth. Through these efforts, Exim Bank is helping to shape a future where Zanzibar continues to attract global tourists, driving economic prosperity, creating jobs, and solidifying its place as a top destination for international travelers.
