Tanzania
Business, investment and infrastructure from Tanzania, with the deals, numbers and policy shifts that move the market.
Latest from Tanzania
Tanzania self-funds its $24bn budget
Tanzania’s Finance Minister Khamis Mussa presented the Tsh62.33 trillion ($24 billion) 2026/27 budget on June 11, targeting 75% domestic funding, up from 71.6%, to offset expected Western aid cuts over Tanzania’s…
Tanzania and Singapore strike first partnership
Singaporean President Tharman Shanmugaratnam made the first-ever state visit by a Singaporean head of state to Tanzania on June 9, marking the 45th…
Tanzania finally breaks its Moscow silence
Tanzania’s President Samia Suluhu Hassan arrived in Moscow on June 2 for a three-day state visit, becoming the first Tanzanian head of state to…
Nala raises $50m for stablecoin push
Tanzanian fintech Nala has secured up to $50 million in credit financing from Liquidity, arranged through Mars Growth Capital, a joint venture with…
Rwanda and Tanzania greenlight $2.5bn railway
Rwanda and Tanzania agreed on May 3 to advance the $2.5 billion Isaka-Kigali Standard Gauge Railway, a 422-kilometre electrified line connecting…
Tanzania steps in as Hormuz fuel shock hits East Africa
Tanzania’s government has intervened to contain fuel price increases from the Hormuz oil shock, joining South Africa, Kenya, Ethiopia and Ghana in…
Tanzania signs deal to become world’s 4th niobium producer
Tanzania signed a $300 million niobium mining agreement with US-backed Panda Hill Tanzania Limited on March 24, targeting 100,000 tonnes per year of…
Tanzania attracts $1.12bn in Q1 as China leads
Tanzania registered 177 investment projects worth $1.12 billion in Q1 2026, expected to create 19,750 jobs, with China leading foreign investment at…
Tanzania pitches $12.9bn energy pipeline to US investors
IN SHORT: Tanzania has pitched a $12.9 billion energy investment package to US investors at the Powering Africa Summit in Washington DC. The…
Tanzania’s $15bn FDI gap is a readiness problem
Tanzania targets $15 billion in annual FDI and 6.3 percent GDP growth in 2026 but the gap between macroeconomic ambition and business-level…
M-Pesa customers can now tap to pay
Vodacom Tanzania has launched Africa’s first mobile-money tap-to-pay feature through M-Pesa, built on Paymentology’s technology and Visa’s network.…
Tanzanian President adopts abandoned baby, names her Grace
Tanzanian President Samia Suluhu Hassan has adopted a baby girl abandoned in Nzega District, Tabora, naming her Grace Samia Suluhu Hassan. The…
Rukwa gets national grid power in May
Tanzania’s Rukwa Region will receive electricity from the national grid by May 2026, once a 400kV transmission line from Iringa is complete. The…
Tanzania cuts maternal deaths by 80%
Tanzania has slashed maternal mortality from 556 to 104 per 100,000 live births and cut under-five deaths from 67 to 43 per 1,000, earning President…
Tanzania’s $274m port fuel tanks, 41% done
President Samia Suluhu Hassan has formally launched a TZS 678.6 billion ($274m) oil storage project at Dar es Salaam port, already 41% complete,…