Invest in Tanzania is rapidly becoming one of Africa’s most compelling investment stories.
Tanzania, East Africa’s largest country and the seventh largest economy in Africa, is experiencing an unprecedented investment boom that is transforming its economic landscape at remarkable speed. Between 2021 and 2024, Tanzania registered over 1,657 investment projects valued at approximately $20.2 billion, creating around 87,696 direct jobs for Tanzanians.
In 2025 alone, TISEZA registered an additional 927 investment projects valued at $11.09 billion, creating nearly 163,000 jobs, continuing the record breaking momentum. When combined with 2025’s performance, total registered investment since 2021 exceeds $31.3 billion.
This article explores Tanzania’s investment transformation, what’s driving the boom, who’s investing, which sectors are hot and why investors from the United Kingdom, Oman, Kenya, Italy and the United States are betting big on East Africa’s rising star.
Tanzania’s Economic Transformation Under President Samia Suluhu Hassan
“Under Vision 2050, Tanzania aspires to build a modern, competitive and inclusive economy anchored on strategic investment, industrial transformation, innovation and strong public-private partnerships.”
– President Samia Suluhu Hassan, President of the United Republic of Tanzania
When President Samia Suluhu Hassan took office, she embarked on an ambitious mission to transform Tanzania into a premier investment destination in Africa. The results speak for themselves:
| Economic Indicator | 2023 | 2024 | 2025 (Projected) |
| GDP Growth | 7.4% | 7.1% | 7.3% |
| GDP (Nominal) | $69.5 billion | – | – |
| GDP per Capita | $1,241 | – | – |
| Inflation | 6.9% | 5.1% | 3.1% |
| Population | 61.7 million (3.2% growth) | – | – |
Source: Tanzania Investment and Special Economic Zones Authority (TISEZA), Bank of Tanzania, National Bureau of Statistics
The government’s proactive approach to facilitating investment has resulted in significant milestones. The newly established Tanzania Investment and Special Economic Zones Authority (TISEZA), formed by Act No. 6 of 2025, has consolidated the functions of the Tanzania Investment Centre (TIC) and the Export Processing Zones Authority (EPZA), creating a one stop facilitation centre for investors that streamlines registration, licensing and aftercare services.
“The Government remains firmly committed to enhancing the business environment, strengthening investment facilitation and positioning Tanzania as a leading investment destination and strategic investment hub in Africa.”
– President Samia Suluhu Hassan, President of the United Republic of Tanzania
Record Breaking Investment Registrations: 1,657 Projects Worth $20.2 Billion
The numbers tell a compelling story of Tanzania’s investment transformation:
| Period | Projects Registered | Investment Value | Jobs Created |
| 2021-2024 | 1,657 projects | $20.2 billion | 87,696 direct jobs |
| Year | Projects | Investment Capital ($M) |
| 2021 | 293 | $4.5 billion |
| 2022 | 256 | $3.7 billion |
| 2023 | 526 | $9.3 billion |
| 2024 | 582 | $10.95 billion |
| 2025 | 927 | $11.09 billion |
Source: Tanzania Investment and Special Economic Zones Authority (TISEZA)
“Empirically, the government has gone to great lengths to formulate a policy environment that would be effective in attracting investment into the country by strengthening the private sector with the ultimate goal of realising sustainable economic development.”
– ZIPA Investment Magazine, Issue No. 1, June-December 2025
TISEZA: Your Gateway to Simplified Investment
The Tanzania Investment and Special Economic Zones Authority (TISEZA) is the government’s lead agency for promoting, facilitating and supporting investments. Through its One Stop Facilitation Centre (OSFC) , TISEZA provides end-to-end services including:
- Investor registration and licensing
- Aftercare services
- Special Economic Zone (SEZ) designation and management
- Land bank development for investment
“TISEZA is responsible for coordinating, promoting and facilitating investments in Tanzania Mainland, streamlining investment facilitation under the One Stop Facilitation Centre to simplify registration of investors, licensing, aftercare services, providing for designation, development, management and operations of special economic zones, as well as developing a land bank for investment.”
– TISEZA Investment Overview
Top 10 Investors Driving Tanzania’s Growth
Global investors from 10 countries are leading the charge into Tanzania’s investment landscape:
| Rank | Country | Investment Value | Key Sectors |
| 1 | United Kingdom | $1.7 billion | Tourism, Real Estate, Energy |
| 2 | Oman | $1.2 billion | Tourism, Infrastructure |
| 3 | Kenya | $1.14 billion | Manufacturing, Trade, Real Estate |
| 4 | Italy | $1.11 billion | Tourism, Hospitality |
| 5 | United States | $1.1 billion | Real Estate, Technology |
| 6 | United Arab Emirates | $795 million | Tourism, Real Estate, Hospitality |
| 7 | Germany | $586 million | Tourism, Manufacturing |
| 8 | Luxembourg | $270 million | Finance, Investment |
| 9 | China | $245 million | Infrastructure, Manufacturing |
| 10 | South Africa | $224 million | Tourism, Real Estate |
Source: Tanzania Investment and Special Economic Zones Authority (TISEZA), Zanzibar Investment Promotion Authority (ZIPA)
Global Recognition and Investment Awards
Tanzania’s commitment to investment excellence has earned international recognition:
| Award | Year | Significance |
| WAIPA Special LDC Award | 2024 | Use of ICT in Supporting Investments |
| AIM Investment Awards | 2024 | Best Investment Promotion Agency in African Region |
| WAIPA Investment Excellence | 2025 | Special LDC Award |
“These prestigious awards reflect our unwavering commitment to creating a world class investment environment, driving economic transformation and delivering value for investors.”
– TISEZA
Vision 2050: A Bold, Future Ready Investment Framework
Tanzania has set an ambitious Vision 2050 agenda to transform into a USD 1 Trillion Economy with GDP per capita of USD 7,000 by 2050.
| Phase | Period | Focus | GDP per Capita |
| Baseline | 2024 | Lower Middle Income | $1,250 |
| Phase 1 | 2025-2030 | Average GDP Growth: 8-10% | $2,500 |
| Phase 2 | 2030-2040 | Industrial and Export led Growth | $4,000 |
| Phase 3 | 2040-2050 | Innovation, Technology and High Value Economy | $7,000+ |
Source: TISEZA Investment Overview
Key Pillars of Vision 2050:
- Development of globally competitive industries
- Expansion of manufacturing and value addition
- Modernization of agriculture and agro-processing
- Investment in energy, transport and logistics infrastructure
- Digital economy and innovation ecosystems
- Human capital development and skills transformation
- Strengthening regional and international trade integration
- Promotion of private sector investment and Special Economic Zones (SEZs)
Special Economic Zones: Bagamoyo, Kwala, Nala and Buzwagi
Tanzania has established four flagship Special Economic Zones (SEZs) to attract investment and drive economic growth:
1. Bagamoyo Eco Maritime City (BEMC), Phase I Industrial Park
| Attribute | Value |
| Size | 151 hectares |
| Location | Zinga, Bagamoyo |
| Distance from Dar es Salaam Port | 45 km |
| Available Plots | 134 demarcated plots |
| Ideal Sectors | Light manufacturing, heavy manufacturing, agro-processing, logistics, energy |
Key Advantages:
- Direct access via fully paved Bagamoyo highway
- Adjacent to upcoming Bagamoyo Mega Port
- Near proposed railway corridor linking Bagamoyo Port to Central Railway Line (SGR and MGR) and TAZARA
- Close proximity to planned power substation and gas distribution station
2. Kwala SEZ, Kibaha, Coastal Region
| Attribute | Value |
| Size | 100 hectares |
| Location | Kibaha, Coastal Region |
| Connectivity | SGR, MGR, Tanzam Highway |
| Ideal Sectors | Agriculture value addition, FMCG, textiles, pharmaceuticals, automotive, packaging, electronics |
Key Advantages:
- Adjacent to Kwala Dry Port
- Direct rail links to Dar es Salaam Port
- Serves landlocked neighbors (Uganda, Rwanda, Burundi, DRC, Zambia, Malawi)
3. Nala SEZ, Dodoma Region
| Attribute | Value |
| Size | 607 hectares |
| Location | Dodoma Region |
| Connectivity | Under 10 km from SGR, Dodoma-Singida Highway |
| Ideal Sectors | Manufacturing, agriculture value addition, FMCG, textiles, pharmaceuticals, automotive |
Key Advantages:
- Tanzania’s Capital City location
- Proximity to government institutions (fast-track approvals)
- Access to University of Dodoma (UDOM), one of East Africa’s largest universities
- Benjamin Mkapa Hospital and Dodoma Regional Referral Hospital nearby
4. Buzwagi SEZ, Shinyanga Region
| Attribute | Value |
| Size | 1,333 hectares |
| Location | Kahama District, Shinyanga Region |
| Former Use | Buzwagi Gold Mine |
| Ideal Sectors | Mineral value addition, agro-processing, livestock processing |
Key Advantages:
- Tanzania’s first Mining Hub SEZ
- Existing infrastructure: 60 MW substation, 3 million liters water reserve, 17 km security fence, airport with 1.5 km runway
- Strategic trade corridor linking Tanzania with DRC, Rwanda, Burundi and Uganda
“These zones offer a host of incentives, including tax exemptions, simplified regulatory procedures and access to excellent infrastructure.”
– TISEZA Investment Overview
Transformative Projects: SGR, Julius Nyerere Dam, LNG and EACOP
Tanzania’s infrastructure transformation is creating massive opportunities for investors:
| Project | Investment | Status | Impact |
| Standard Gauge Railway (SGR) | Major | Ongoing | Connecting key economic centers and ports |
| Julius Nyerere Hydropower Project | 2,115 MW | Operational | Africa’s largest hydropower project |
| Bagamoyo Eco Maritime City (BEMC) | 151 ha Phase I | Available | Industrial park, logistics hub |
| Liquefied Natural Gas (LNG) | Major | In Development | Unlocking Tanzania’s vast gas resources |
| East African Crude Oil Pipeline (EACOP) | Major | Ongoing | Connecting Uganda’s oil to global markets |
“These projects reflect Tanzania’s commitment to sustainable development, industrialization and shared prosperity for all.”
– TISEZA
Why Invest in Tanzania Now?
Strategic Location
Tanzania is bordered by 8 countries, 6 of which are landlocked (Uganda, Rwanda, Burundi, DRC, Zambia, Malawi) and rely on Tanzania as the most efficient passage for goods.
Connectivity Highlights:
- 1,424 km coastline along the Indian Ocean
- 3 International Airports (Julius Nyerere, Kilimanjaro, Abeid Amani Karume)
- 3 Deep Sea Ports (Dar es Salaam, Tanga, Mtwara)
- 3 Rail Lines (SGR, MGR, TAZARA)
- 1,424 km Coastline
Economic and Political Stability
| Factor | Assessment |
| Political Stability | Multiparty democracy, peaceful transitions, Global Peace Index: 5th in Africa (58th globally) |
| Economic Growth | 7.1% average GDP growth over past decade |
| Investment Protection | BITs, BTAs, MIGA, ICSID membership |
| Market Access | EAC (288M), SADC (327M), AfCFTA, AGOA, EBA |
Access to Affordable Labour
| Metric | Value |
| Population | 61.7 million (3.2% growth) |
| Young Workforce | Over 60% under 25 |
| Literacy Rate | Over 80% |
| Urban Population | 35% (21.6 million), projected 59% by 2050 |
“With a literacy rate of over 80%, Tanzania offers a dynamic, trainable and industrious labour force to support sustainable business growth.”
– TISEZA
Investment Categories and Incentives
Investment Categories
| Category | Foreign Investment | Local Investment |
| Normal Investors | USD 500,000 | USD 50,000 |
| Strategic Investors (SEZ) | USD 500,000 | USD 100,000 |
| Strategic Investors (General) | USD 50,000,000 | USD 20,000,000 |
Fiscal Incentives
| Incentive | Benefit |
| Zero Import Duty | On capital goods and raw materials |
| Corporate Tax Exemption | Up to 10 years (SEZ/EPZ) |
| Capital Allowance | Agriculture (100%), Hotels (50%), Fish Farming (50%) |
| Manufacturing Incentives | Reduced corporate tax to 10-20% for first 5 years |
| VAT Exemption | On utilities, services and wharfage charges (SEZ/EPZ) |
Non-Fiscal Incentives
| Incentive | Benefit |
| Automatic Immigration Quota | Initially 10 expatriates during implementation |
| Free Repatriation | Unconditional transfer of funds |
| Land Derivative Right | 98 years security of tenure |
| International Arbitration | MIGA and ICSID membership |
| One Stop Facilitation Centre | All licenses and permits hassle-free |
“Investors are guaranteed Unconditional Transfer of Net Profits, Dividends attributed to Investment, Repayment of foreign Loan, Payment of Personal Emoluments, Capital, Royalties and Fee charges in respect of imported Foreign Technology.”
– TISEZA
Priority Sectors for High Impact and Growth
1. Agriculture and Agro-Processing
| Metric | Value |
| GDP Contribution (2024) | 27% |
| Employment | 65% of total workforce |
| Export Revenue | 30% of Tanzania’s exports |
| Arable Land | 44 million hectares |
2. Manufacturing
| Metric | Value |
| Annual Growth (2024) | 8% |
| GDP Contribution | 8.1% |
| Foreign Exchange Contribution | 18.1% |
3. Tourism
| Metric | Value |
| Export Earnings | 25% |
| GDP Contribution | 17% |
| Direct and Indirect Jobs | 1.7 million |
4. Mining
| Metric | Value |
| GDP Contribution (2024) | 8.1% |
| Mineral Exports (2024) | USD 3.2 billion |
| Direct and Indirect Jobs | ~500,000 |
| Rank | 3rd largest gold producer in Africa |
5. Blue Economy
| Metric | Value |
| GDP Contribution | ~2.9% |
| Export Earnings | USD 1.6 billion |
| Jobs | ~450,000 |
| Coastline | 1,424 km |
| EEZ | 242,000 km² |
6. Livestock
| Metric | Value |
| Rank | 2nd largest livestock population in Africa |
| Sector Growth | 5% p.a. for 7 consecutive years |
How to Invest in Tanzania
Step 1: Identify Your Investment Sector
Tanzania welcomes investment opportunities across multiple sectors:
| Sector | Key Opportunities |
| Agriculture and Agro-Processing | Edible oil, fruits and vegetables, tea, cashew nut, floriculture, pulses, cassava, sugar, cotton, beverages |
| Tourism | Tourist hotels, beach tourism, cultural and historical sites, golf courses, eco-tourism, conference facilities |
| Manufacturing | Textiles, pharmaceuticals, automotive assembly, paper products, rubber products, electronics |
| Mining | Gold, diamonds, tanzanite, graphite, lithium, uranium, rare earth elements |
| Real Estate | Affordable housing, satellite cities, commercial real estate |
| Energy | Solar, wind, hydro, geothermal, natural gas, LNG |
| Blue Economy | Fisheries, aquaculture, marine transport, coastal tourism |
| Infrastructure | Roads, railways, ports, airports, logistics parks |
Step 2: Contact TISEZA
TISEZA serves as the one stop shop for investors, providing:
- Investment promotion and facilitation
- Project approval and processing
- Incentive identification and implementation
- Institutional support for economic development
- Access to SEZ land and industrial parks
“The Tanzania Investment and Special Economic Zones Authority (TISEZA) is dedicated to facilitating and guiding all international investment endeavors in Tanzania.”
– TISEZA
Contact:
- Website: www.tiseza.go.tz
- Email: info@tiseza.go.tz
- Location: Golden Jubilee Tower, 1st Floor, Ohio Street, Dar es Salaam, Tanzania
Step 3: Leverage the Special Economic Zones
Tanzania’s SEZs offer attractive incentives for qualifying investors:
| SEZ | Size | Focus |
| Bagamoyo (BEMC) | 151 ha | Manufacturing, logistics, agro-processing |
| Kwala | 100 ha | Manufacturing, textiles, pharmaceuticals, automotive |
| Nala | 607 ha | Manufacturing, agriculture value addition, FMCG |
| Buzwagi | 1,333 ha | Mineral value addition, agro-processing, livestock |
Step 4: Explore PPP Opportunities
The PPP Centre manages a pipeline of 113 PPP projects across key sectors:
| Stage | Number of Projects |
| Implementation Stage | 8 projects |
| Negotiation Stage | 3 projects |
| Procurement Stage | 3 projects |
| Feasibility Study Stage | 21 projects |
| Pre-Feasibility Study Stage | 36 projects |
| Concept Note Stage | 42 projects |
“A total of 113 PPP projects are at various stages of development in Tanzania (mainland). The majority (68.1%) are at early stages (Concept Note and Pre-Feasibility).”
– PPP Centre
Key Multinational Companies with Subsidiaries in Tanzania
Global investors already operating in Tanzania include:
| Sector | Companies |
| Energy and Natural Resources | Taifa Gas, Bakhresa Group, TotalEnergies, Chevron, ExxonMobil, Equinor, Shell |
| Automotive and Manufacturing | CFAO, Iveco, Bosch, ABB, Scania, Toyota, Tata, Siemens, Alstom |
| Financial Services | Citibank, Standard Chartered, Equity, KCB, CRDB, NMB, Absa |
| Telecommunications | Vodacom, Airtel, Tigo, ZTE, Huawei, Nokia, Microsoft |
| Transport and Logistics | DP World, Maersk, Bolloré, DHL, Emirates, Qatar Airways, Turkish Airlines, Ethiopian Airlines, KLM |
| Consumer Goods | Coca Cola, PepsiCo, Unilever, Dangote, Wilmar, Nestlé, Mars, Heineken |
| Hospitality | Marriott, Hilton, Hyatt, Radisson, Accor, Movenpick, Serena |
“Tanzania’s attractive investment climate, strategic location, abundant resources and strong policy support continue to draw global investors across multiple sectors.”
– TISEZA
Source Documents
- TISEZA Investment OverviewÂ
- ZIPA Investment Magazine Issue No. 1Â
- TISEZA, Africa’s New Manufacturing HubÂ
- PPP Centre, PPP PipelineÂ
- Ministry of Lands, Housing and Urban Development
- TIC, Private Sector Project Brief
Credits and Data Sources
| Source | Organization | Website |
| Investment Data | Tanzania Investment and Special Economic Zones Authority (TISEZA) | www.tiseza.go.tz |
| Zanzibar Investment Data | Zanzibar Investment Promotion Authority (ZIPA) | www.zipa.go.tz |
| Economic Data | Bank of Tanzania | www.bot.go.tz |
| Tourism Data | Ministry of Natural Resources and Tourism | www.maliasili.go.tz |
| Housing Data | Ministry of Lands, Housing and Human Settlements Development | – |
| NHC Data | National Housing Corporation (NHC) | – |
| TBA Data | Tanzania Buildings Agency (TBA) | – |
| PPP Data | PPP Centre, Tanzania | www.pppcentre.go.tz |
| TIC Data | Tanzania Investment Centre (TIC) | www.tic.go.tz |
Magazine Credits (ZIPA Magazine Issue No. 1):
- Publisher: Zanzibar Investment Promotion Authority (ZIPA)
- Editor in Chief: Ali Sultan
- Consulting Editor: Mahbe Matinyi
- Project Coordinators: Salum Ramadhan (Habari Maelezo Zanzibar)
- Writers: Ali Sultan, Salum Ramadhan, Mahbe Matinyi, Abdulrahman
- Art Director: Keya Antony
- Photographer: Abdulrahman
- Consulting Agency: Zenji Digital Arts
TISEZA Credits:
- Presentation: TISEZA Investment Overview, 2025
Disclaimer
All investment figures, projections and targets presented in this article are based on official government sources including TISEZA, the Bank of Tanzania and the National Bureau of Statistics. These figures are subject to change based on market conditions, government policy and other external factors. Investment returns are not guaranteed and depend on market conditions, regulatory changes and project execution. Potential investors should conduct their own due diligence and consult with qualified professionals before making any investment decisions.
Data Notes:
- The $20.2 billion figure represents investment value for the period 2021-2024.
- 2025 figures ($11.09 billion, 927 projects) are based on TISEZA quarterly reports.
- Projections for 2030, 2040 and 2050 are based on current government targets and may be subject to change.
- All USD conversions are approximate and based on exchange rates at the time of publication.
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- Website: www.tiseza.go.tz | www.zipa.go.tz
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Invest Today. Build Tomorrow. Together for a Prosperous Tanzania.
GCATRED, Global Chamber on African Trade, Rights and Economic Development.