Dar es Salaam. The Treasury Registrar, Mr Nehemiah Mchechu, on November 10, 2025, chaired a high-level meeting between the Office of the Treasury Registrar (OTR) and the International Finance Corporation (IFC), a World Bank Group member dedicated to advancing private sector investment in developing economies.
The discussions focused on identifying strategic areas of cooperation aimed at fostering impactful and sustainable investments to bolster Tanzania’s economic growth.
The meeting brought together senior officials from the OTR and the IFC, led by IFC Country Manager for Tanzania, Ms Martine Valcin, and the institution’s Officer, Ms Aida Sykes.
Mr Mchechu said the government was commitment to deepening collaboration with international financial institutions such as the IFC, noting that their expertise and financial capacity are vital in unlocking the potential of state-owned enterprises and catalysing private sector participation.
The engagement builds on Tanzania’s ongoing efforts to strengthen institutional frameworks that promote transparency, efficiency, and profitability across public enterprises.
By leveraging IFC’s experience in structuring investments, risk management, and corporate governance, the OTR aims to improve the performance of state corporations while creating an enabling environment for private sector growth.
This partnership also reflects Tanzania’s determination to position itself as a competitive destination for strategic investment in key sectors including infrastructure, energy, manufacturing, and finance. It aligns with national ambitions to accelerate industrialisation, create employment opportunities, and expand the country’s fiscal base through well-managed, high-impact investments.
