Dar es Salaam. In a landmark regulatory shift designed to attract global capital and deepen domestic financial markets, the Bank of Tanzania has officially opened the country’s Government securities market to all non-resident investors worldwide.
The central bank confirmed the strategic policy shift in a public notice issued on Thursday, August 6, 2026, following the enactment of the Foreign Exchange (Amendment) Regulations, 2026.
The new legal instrument, published under Government Notice No 206 on July 17, 2026, amends existing frameworks under the Foreign Exchange Act, Cap 271.
Under the updated provisions, foreign individuals and institutional investors globally are now permitted to purchase Treasury bills and Treasury bonds issued by the Tanzanian government.
Prior to this regulatory adjustment, participation in Tanzania’s sovereign debt instruments was strictly restricted to residents of the East African Community (EAC) member states, members of the Southern African Development Community (SADC), and members of the Tanzanian diaspora.
According to the central bank, the primary objective of the reform is to broaden global access to sovereign debt instruments, enhance market liquidity, and position Tanzania as a premier destination for foreign direct and portfolio investment across the African continent.
Central Bank Governor Emmanuel Tutuba stated that non-resident investors may access the market directly through approved Central Depository Participants (CDPs), subject to compliance with operational guidelines and applicable financial laws.
Financial analysts expect the move to generate heightened interest from international asset managers seeking emerging and frontier market yields, while providing the Tanzanian government with a broader and more diverse investor base for its domestic debt issuance.
