Tanzania is set to host the Investment Summit 2026 in Arusha from June 3–5, bringing together global investors, financial institutions, and government leaders to drive large-scale investment into the country. The summit is designed as a deal-focused platform, targeting concrete investment commitments rather than just discussions. It aims to secure funding for 8 to...
The government has directed the Ministry of State in the Prime Minister’s Office (TAMISEMI) to urgently engage banks to speed up the issuance of council loans, aiming to unlock financing for small businesses across Tanzania. The directive was issued by National Assembly Speaker Mussa Zungu during a parliamentary session in Dodoma, where he raised...
By Gulatone Masiga Tanzania has marked a major milestone by hosting the second international conference of the World Federation of Neurosurgical Societies (WFNS) at the Julius Nyerere International Convention Centre in Dar es Salaam. This is more than just an event—it reflects growing global confidence in Tanzania’s healthcare capacity, direction, and achievements. Beyond the conference,...
Tanzania is stepping up efforts to attract a larger share of the rapidly growing global outbound tourism market, signaling strong readiness to compete for high-value international travelers. The move reflects a strategic push to diversify tourism sources and strengthen the country’s global appeal. Officials say Tanzania has made significant progress in understanding traveler preferences, allowing...
Tanzania is stepping up efforts to combat rising digital fraud by introducing stricter legislation and regulatory measures aimed at protecting its rapidly growing digital financial ecosystem. Authorities, led by the Bank of Tanzania, are drafting new cybersecurity guidelines that will impose tougher requirements on banks, mobile money operators, and other financial service providers. The goal...
Tanzania is taking a leading role in advancing a major cross-border electrified railway project alongside Burundi and the Democratic Republic of the Congo, aimed at transforming trade and transport across East and Central Africa. The proposed Standard Gauge Railway (SGR) will link key cities including Uvinza, Musongati, Gitega, Bujumbura, Uvira, and Kindu, creating a strategic...
Tanzania is taking a decisive step to strengthen local participation in its mining sector by reallocating revoked exploration licences to domestic miners and investors. The move follows a government crackdown targeting companies that failed to develop their mining assets. Authorities recently cancelled 40 exploration licences, citing issues such as inactivity, non-compliance with regulations, and failure...
Iran has put the estimated cost of damages from the recent conflict involving the United States and Israel at around $270 billion, according to a government spokesperson. The figure, officials say, is still preliminary and subject to further detailed assessment. Authorities explained that the evaluation will be carried out in stages, starting with the physical...
Tanzania continues to attract strong foreign investment, with mining and quarrying maintaining a dominant position as the leading sector. According to the Tanzania Investment Report 2025, the sector accounts for nearly three-quarters of total foreign direct investment (FDI) stock, highlighting its central role in the country’s economy. Investment in mining has steadily increased, reaching about...
Tanzania’s energy sector is entering a new phase following a major deal that will see Orca Energy Group exit the Songo Songo gas field, with Taifa Energy and Amber Energy stepping in as new stakeholders. The move signals a shift toward greater local participation in one of the country’s most strategic energy assets. Under the...