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

In 2024, Tanzania registered 901 investment projects with a total capital of USD 9.31 billion, according to the Tanzania Investment Centre (TIC).

This represents a 77% increase in projects (from 526 in 2023) and a 63% increase in capital investment (from USD 5.72 billion in 2023).

Foreign-owned projects accounted for 44.8% of all approved investments, while joint ventures made up 35.6%, and domestically owned projects represented 19.6%. This compares to 40.7% foreign, 34.6% JV, and 24.7% domestic ownership in 2023.

The top five sources of FDI in 2024 were:
1. China – USD 1,053.46M
2. Vietnam – USD 783.40M
3. Mauritius – USD 773.96M
4. UAE – USD 702.52M
5. United Kingdom – USD 394.30M

By sector, the top FDI recipients in 2024 were:
1. Manufacturing – USD 4,079.03M
2. Transportation – USD 1,361.15M
3. Commercial Building – USD 1,135.13M
4. Telecommunication – USD 809.74M
5. Agriculture – USD 687.20M

TIC attributed the remarkable growth to the conducive investment environment created under the new investment law.

According to the Bank of Tanzania (BOT) and the World Bank (WB), FDI inflow to Tanzania rose 13.2% in 2023 to USD 1,6 billion from USD 1.4 billion in 2022.

According to the World Investment Report of 2024 published by the United Nations Conference on Trade and Development (UNCTAD), foreign direct investment (FDI) inflow to Tanzania rose 12.5% in 2023 to USD 1,3 billion from USD 1.1 billion in 2022. 

Latest Update: 15th June 2025

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

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
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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