London. Tanzania has intensified its campaign to attract international investment for the implementation of its Development Vision 2050, with the minister for Finance Amb Khamis Mussa Omar telling global investors that the country’s ambitious transformation agenda will require strategic partnerships worth an estimated $1 trillion over the next 25 years.
Speaking at an investor forum held at the London Stock Exchange, Amb Omar said the long-term development blueprint would rely heavily on private capital, with around 70 percent of the required financing expected to come from the private sector.
The remaining 30 percent would be financed by the government through the national budget and public institutions.
The meeting formed part of the government’s efforts to mobilise international capital and strengthen investor confidence in Tanzania as it embarks on implementing Vision 2050.
Ambassador Omar urged investors from the United Kingdom and other countries to take advantage of Tanzania’s growing domestic market, improving business environment, predictable tax policies and investment incentives.
He said the government was seeking partners for strategic projects, including the Standard Gauge Railway (SGR), electricity generation and transmission, port development, value addition in agriculture, airport construction and the development of critical minerals.
“We are implementing strategic projects and invite investors to partner with us in building Tanzania’s economy,” he said.
The minister also outlined Tanzania’s economic resilience despite global shocks, including the Covid-19 pandemic, the Russia-Ukraine conflict and international trade disruptions.
He said the economy expanded by 5.5 percent in 2024, grew by 5.9 percent in 2025, and is projected to reach 6.3 percent in 2026, reflecting continued macroeconomic stability and sustained reform efforts.
Ambassador Omar said prudent debt management remained a cornerstone of Tanzania’s fiscal strategy.
He noted that the latest debt sustainability assessment, conducted in October 2025, classified the country’s debt risk as moderate.
He added that Tanzania’s international credit ratings continued to reflect investor confidence, with Moody’s assigning the country a B1 rating and Fitch Ratings awarding a B+ rating, both with stable outlooks.
Addressing the forum, the International Finance Corporation’s Regional Director for Southern Africa, Mary Porter Peschka, described Tanzania as a key development partner and reaffirmed the IFC’s commitment to supporting the country’s private sector and domestic capital markets as part of the implementation of Vision 2050.
She said IFC committed more than $1.6 billion in financing to Tanzania last year, the largest amount ever invested by the institution in the country.
Peschka identified significant investment opportunities in the energy sector, which requires more than $4 billion in additional investment, as well as in agriculture, manufacturing, healthcare and domestic capital markets.
The forum brought together senior officials from Tanzania’s Ministry of Finance, the Tanzania Investment Centre (TIC), the Capital Markets and Securities Authority (CMSA), NMB Bank, the World Bank, the IFC, the London Stock Exchange, the UK’s Foreign, Commonwealth and Development Office (FCDO), and representatives of international institutional investors.
The London engagement comes as Tanzania seeks to mobilise both domestic and international investment to achieve the goals of Development Vision 2050, which aims to transform the country into a high-income, competitive and inclusive economy by strengthening infrastructure, industrialisation, human capital development and private sector-led growth.
