On June 11, 2025, the World Bank approved $227M in financing for climate and marine conservation in Tanzania. The funds will support fisheries, aquaculture, and local climate adaptation efforts, directly benefiting 6.6 million people. The Tanzania Scaling-Up Sustainable Marine Fisheries and Aquaculture Management Project (TAFSAM) will receive $117 million to improve marine resource management and […]

In a bold move to boost investment, the Tanzanian government has scrapped 39 non-essential levies and fees. This is part of broader reforms under the 2022 Investment Act, designed to reduce bureaucratic bottlenecks and attract both local and foreign investors. 1. Bold Move in Dodoma: 39 Levies Erased to Spark Investment During the 2025 High-Level […]

The Tanzania Investment Centre (TIC) recorded $3.7 billion in project registrations between January and May 2025, up from $2.8 billion in 2024. Manufacturing led with 156 projects, while total projects are expected to create 41,117 jobs. Teri attributed the achievements to the efforts of President Dr. Samia Suluhu in creating a favorable investment environment and […]

Tanzania launches construction of USD 100 Million Tanga LPG Terminal Project with a capacity of 40,000 cubic meters. The terminal is set to become the country’s largest liquefied petroleum gas (LPG) facility, aiming to boost clean cooking access, create jobs, and serve as a regional energy hub. On 5th June 2025, Tanzania’s Deputy Prime Minister […]