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Tanzania FDI 1997-2023 USD Billion
Tanzania Foreign Direct Investments 1997-2023, USD Billion. Source: Bank of Tanzania (BOT).

According to the World Investment Report of 2022 published by the United Nations Conference on Trade and Development (UNCTAD), foreign direct investment (FDI) to Tanzania rose by 35% to USD 922 million in 2021 from USD 695 million in 2020. 

Similarly, According to the World Bank (WB), Tanzania’s FDI net inflow at current prices was USD 921 million in 2021.

In 2020 the net inflow of FDI was USD 684 million, in 2019 it was USD 1.2 billion and in 2018 it was 971 million.

According to the Monthly Investment Bulletin-March 2023 released by the Tanzania Investment Center (TIC), the top five leading sources of FDI to Tanzania are China, the US, Mauritius, Spain, and India.

FDIs to Tanzania were drawn mostly to commercial buildings, manufacturing, and transportation sectors.

Tausi Kida, the permanent secretary in the President’s Office responsible for Planning and Investment, disclosed that from January 2021 to December 2023, the Tanzania Investment Center (TIC) registered 256 Chinese projects worth about USD 2.5 billion. The top five sectors for these projects were manufacturing, commercial building, agriculture, transportation, and services.

Latest Update: 28th April 2023

Sources: Tanzania Investment Center (TIC), United Nations Conference on Trade and Development (UNCTAD), World Bank (WB),

Kitila Mkumbo meeting with media January 2025
2 minute read

Tanzania Targets US$ 15 Billion in Investments for 2025, Focusing on Manufacturing, Clean Energy, Transport, Minerals, Agriculture, and Services

Tanzania aims to attract US$ 15 billion in investments in 2025, prioritizing manufacturing, clean energy, transport, minerals, agriculture, and services. The government plans key reforms, including merging TIC and EPZA, enhancing infrastructure, and simplifying investment processes through the One-Stop Facilitation Centre.
January 13, 2025
Gilead Teri Tanzania Investments 2024
2 minute read

Tanzania Breaks Investment Records in 2024 with US$ 7.7 Billion in Projects

The Tanzania Investment Centre (TIC) announced that it registered 842 projects worth US$ 7.7 billion in 2024, achieving 88.2% of its target of 1,000 projects. This marks the highest investment value since 1991, with the manufacturing and transport sectors leading in project numbers and investment value. The registered projects are expected to create 248,078 jobs, reflecting significant progress driven by government initiatives and a new investment law.
January 6, 2025
Tanzania Nchemba Riyadh Sultan Al-Marshad
2 minute read

Tanzania-Saudi Arabia Investment Forum Draws 70 Investors, Leading to Agreements on Strategic Partnerships in Agriculture, Energy, Manufacturing, and Infrastructure

The Tanzania-Saudi Arabia Investment Forum, held from December 17 to 21, 2024, in Riyadh, brought together 70 investors and resulted in agreements to explore partnerships in agriculture, energy, manufacturing, and infrastructure. The forum aimed to address the trade imbalance between the two nations and foster sustainable economic collaboration.
December 24, 2024
EU Tanzania Partnership Dialogue 2024
2 minute read

Tanzania and EU Reaffirm Strategic Partnership in 2024 Dialogue

The 2024 Partnership Dialogue between the European Union and Tanzania highlighted their long-standing collaboration in governance, trade, security, and regional integration. The dialogue reaffirmed commitments to democratic principles, regional peace, and sustainable development, emphasizing EU financial support and Tanzania's Vision 2050.
December 13, 2024
Moody's Rating Tanzania B1 2024
2 minute read

Moody’s Confirms Tanzania’s B1 Credit Rating: Top in East Africa

Moody's confirmed Tanzania's long-term issuer ratings at B1 indicating improved economic resilience and a stable outlook. This upgrade highlights the government's efforts in structural reforms and prudent fiscal management, positioning Tanzania favorably for foreign investments and economic growth.
November 3, 2024
Tanzania New Zealand Investment Forum
1 minute read

Tanzania–New Zealand Investment Forum to Take Place Online on 19th November 2024

The Tanzania–New Zealand Investment Forum will be held online on 19th November 2024, from 8:00 AM to 9:15 AM EAT / 6:00 PM to 7:15 PM New Zealand Time. The forum will focus on investment opportunities in agriculture technology, green energy, and innovation, aimed at strengthening economic ties between Tanzania and New Zealand.
November 1, 2024