President Samia launched Tanzania’s new foreign policy for 2024. The revised edition replaces the 2001 framework and prioritizes economic diplomacy, diaspora inclusion, climate diplomacy, a blue economy, and Kiswahili promotion. Speaking at the launch, President Samia explained that the revision aims to align Tanzania’s foreign policy with the ongoing political, economic, and social changes taking […]

The National Business Council (TNBC) is preparing to launch an International Financial Services Centre in Tanzania to mobilise capital for major investment projects. The initiative is part of broader efforts to position the country as a regional financial hub and achieve long-term economic targets. The initiative is being developed through TNBC’s finance working group and […]

The EU has launched the €11M Pamoja Tuhifadhi Bahari Yetu marine conservation project in Zanzibar. The initiative aims to reach 500,000 people, support 360 green entrepreneurs, and expand marine areas under sustainable management by 10% by 2028. The project is funded under the EU’s Blue Economy for Job Creation and Climate Change Adaptation programme. The […]

Between July 2024 and March 2025, Tanzania issued 8,501 mining licences and revoked 14 for non-compliance. The Ministry of Minerals also warned 95 large- and medium-scale licence holders to justify inactivity by May 13, 2025, or face cancellation, as seven dormant licences represent a potential TZS 15 trillion investment. The figure represents progress towards the […]