The Latest

India Lend USD92m to Tanzania for Water Projects

July 12, 2016
1 minute read
india tanzania water supply

India signed a line of credit of USD92m for the improvement of water supply in Zanzibar.

The agreement was signed during the visit of the Indian Prime Minister Narendra Modi to Tanzania on July 10th 2016.

He announced that India will consider additional financing of USD500m for other water projects across Tanzania.

TANZANIA BUSINESS & INVESTMENT GUIDE 2026

This follows the countries’ aim to strengthen bilateral relations across various sectors including agriculture, food security, trade, natural gas, health, education, industry, and communications.

For this, India and Tanzania signed 4 additional Memorandums of Understanding (MoU) including:

  • MoU on water resource management and development
  • MoU for establishment of vocational training center in Zanzibar
  • MoU on visa waiver for diplomatic and official passport holders
  • MoU between the National Small Industries Corporation (NSIC) of India and the Small Industries Development Organization (SIDO) of Tanzania

India-Tanzania Relations

India is a leading trading partner of Tanzania. In 2015, the total bilateral trade turnover between India and Tanzania amounted to USD2.4b.

India’s exports were worth USD1.3b, and Tanzania’s exports were worth USD1.2b.

Tanzania’s exports to India constituted about 19% of the country’s global exports. Tanzania’s imports from India constituted about 9% of its global imports.

Tanzania’s major imports from India include petroleum products, pharmaceuticals, motor vehicles, two/three-wheelers, wires and cables, sugar, electrical machinery/equipment, yarn, apparel & clothing, articles of iron & steel, etc.

Tanzania’s major exports to India include gold, cashew nuts, pulses, timber, spices (mainly cloves), ores and metal scrap, gemstones, etc.

Want to know more about Trade in Tanzania? Our free Tanzania Business and Investment Guide 2026 covers Trade, plus regulations, key sectors, and investment opportunities — all in one place.

Download Free Guide
Tweet
Share
Share
Share
Related Posts
TANZANIA ECONOMIC UPDATE YE FEBRUARY 2026
Read More

Tanzania Monthly Economic Review February 2026: Exports Up 12.4% Driven by Gold and Manufactured Goods

Tanzania’s economy remained broadly stable in the year ending February 2026, with headline inflation steady at 3.2%, private sector credit expanding by 24.4%, and gold exports surging 35.8% to USD 4,968.4 million. Total exports of goods and services increased by 12.4% to USD 18,393.2 million, underpinned by strong performances in mining, tourism, with 2,255,006 arrivals, and manufactured goods, signalling a shift toward value-added production.
East Africa Nordic Investment Summit Tanzania
Read More

Dar Es Salaam Hosted East Africa Nordic Investment Summit To Advance Digital Transformation And SEZ Investments

Dar es Salaam hosted the East Africa Nordic Investment Summit on 25–26 February 2026, bringing together government leaders, Nordic partners, investors and entrepreneurs to align digital systems, capital structuring and policy frameworks. The summit focused on digital transformation, Special Economic Zones incentives and the launch of the Tanzania Youth Agri-Export Hub targeting exports to the UK market.
Tanzania Quarterly GDP Growth 2021-2025
Read More

Tanzania Economic Performance in 2025 Records 6.4% GDP Growth in Q3, 3.6% Inflation, 23.5% Credit Growth, 37.4% Gold Export Rise, and 2.29 Million Tourists

Tanzania’s economic performance in 2025 recorded real GDP growth of 6.4% in Q3, stable inflation at 3.6%, and strong private sector credit expansion of 23.5%, while lending rates moderated to 15.24%. Exports of goods and services rose by 10.2%, led by gold exports increasing 37.4% to about USD 4.7 billion, while international tourist arrivals reached 2.29 million.