Bank of Africa Tanzania Launch E-banking Technology

The latest e-banking technology B-Web Smart Internet Mobile Service was launched by the Bank of Africa Tanzania to cater for growing client needs and fast-paced banking industry.

In order for Bank of Africa Tanzania’s customers to utilize the B-Web Smart mobile banking service through Smartphone, clients need to fill in the B-Web application form available at any Bank of Africa Tanzania branch.

Tanzanian banking sector is one of the most competitive in the world and in view of this, Bank of Africa Tanzania has equipped itself to fully meet the demand of its customer banking requirements the growing client base.

Tanzania Investment Guide 2026 Free Edition

At the launch Bank of Africa Tanzania e-banking Senior Manager Cyprian Massawe said the newly introduced service would enable the bank’s customers to access their account at any time and at any place.

“B-Web smart customers are required to undergo a simple exercise by filling the B -Web application form available at all of the bank’s 19 branches…thereafter the registered customers will have to visit http://www.bwebsmart.com/ using their connected internet Smartphone ready to access the services” he said.

He informed that the service has the advantage of higher transfer amount compared to other mobile banking and allows transaction across banks within Africa and the rest of the world.

Bank of Africa Tanzania is a Private Commercial Bank of an 18 branch network operating in Tanzania since 2007, with strategic  partnerships with BMCE Bank, West Africa Development Bank, Belgium investment Company for Developing Country and Investment Fund AUREOS.

Want to know more about Banking in Tanzania? Our free overview of the Tanzania Business and Investment Guide 2026 covers Banking, plus key sectors and investment opportunities. The complete 141-page edition includes policies, taxation, key regulations, full macroeconomic data, and sources, and is also available at no cost upon completion of a short form.

Download Free OverviewGet the Full Edition for Free
Related Posts
Bank of Tanzania IFC Agreement SME credit access
Read More

IFC and BOT Sign Agreement to Expand SME Credit Access

The International Finance Corporation (IFC) and the Bank of Tanzania (BOT) will strengthen credit reporting and expand access to finance for SMEs, including women-owned and youth-led businesses. IFC will provide technical expertise to strengthen credit information systems and explore using alternative data in credit assessments.
Tanzania Khamis Mussa Omar Parliament bunge
Read More

Tanzania Tables Bill to Let Banks Accept Movable Assets as Loan Collateral, Targets 50% Credit-to-GDP by 2030

Tanzania's Minister for Finance, Ambassador Khamis Mussa Omar, tabled a Bill in the National Assembly in Dodoma that would let banks accept movable assets as loan collateral, creating a legal framework for registering, managing and enforcing such security interests instead of relying predominantly on land and buildings. The Bill targets an increase in private sector credit-to-GDP from 22.5% in 2024 to 50% by 2030, banking service usage from 22% in 2023 to 50% by 2030, and the financial sector's contribution to economic activity from 17.1% in 2024 to 20% by 2030.