Tanzania sees surge in investment as FDI soars 77% in Q3 of 2024/25

Tanzania sees surge in investment as FDI soars 77% in Q3 of 2024/25

Tanzania witnessed a significant surge in investment during the third quarter of the 2024/25 fiscal year, with registered projects totaling $2.16 billion between January and March 2025. This marks a 46.72% increase compared to the $1.47 billion recorded during the same period the previous fiscal year.

The sharp rise was largely fueled by a boost in Foreign Direct Investment (FDI), which accounted for $1.36 billion—about 63% of the total capital. According to the latest quarterly report from the Tanzania Investment Centre (TIC), this represents a remarkable 77.06% year-on-year growth in FDI, highlighting growing investor confidence in the country’s economic prospects.

China led the pack of key investors, contributing $389.16 million in FDI. Other major contributors included the United Arab Emirates ($185.54 million), Switzerland ($164.02 million), Burundi ($115.75 million), and Rwanda ($114.22 million).

The report underscores Tanzania’s rising appeal as a regional investment hub, buoyed by strong partnerships with both global and neighboring economies.