Tanzania is making another strong pitch to international investors after more than 50 business leaders from across Africa, Europe and North America arrived in the country for a trade and investment mission aimed at identifying new commercial opportunities.
The five-day mission, organised by Equity Group, has brought together investors and entrepreneurs from Kenya, Canada, Nigeria, Germany, Poland, Australia, Israel, Uganda, Ethiopia, Eritrea and the Democratic Republic of Congo (DRC), among other countries.
Their itinerary stretches from Dar es Salaam to Zanzibar, where they will meet government agencies, local businesses and industry players while exploring sectors with high growth potential.
The visit comes at a time when Tanzania is increasingly positioning itself as one of East Africa’s most attractive investment destinations, backed by policy reforms, infrastructure development and a growing manufacturing sector.
Rather than limiting the programme to conference rooms and presentations, the organisers have designed the mission around practical engagement. Delegates will tour industrial parks, meet local entrepreneurs, attend investment forums and participate in business matchmaking sessions intended to turn conversations into commercial partnerships.
Equity Group business expansion
Equity Group says the initiative is part of its broader effort to help businesses expand across borders while supporting regional trade under the African Continental Free Trade Area (AfCFTA).
According to Prosper Nambaya, Commercial Director at Equity Bank Tanzania Limited, the bank is leveraging its partnerships with government institutions to help investors navigate Tanzania’s business environment.
“At Equity Bank, we have built strong relationships with key public sector institutions, including the Tanzania Investment and Special Economic Zones Authority (TISEZA), to create value for our customers beyond banking,” he said.
He noted that participants will interact with agencies responsible for investment promotion and trade development to gain a deeper understanding of the country’s economic landscape and the opportunities available in both mainland Tanzania and Zanzibar.
One of the key attractions for investors is Tanzania’s expanding network of special economic zones, which the government is promoting as centres for manufacturing, exports and industrial growth.
Officials from the Tanzania Investment and Special Economic Zones Authority (TISEZA) are expected to guide the delegation through investment procedures while highlighting incentives designed to attract foreign capital, including tax and duty exemptions for qualifying projects.
Addressing the investors, TISEZA Resident Coordinator Daudi Kabui said the agency’s role is to simplify the investment process rather than create bureaucratic hurdles.
“The investment climate in Tanzania is highly conducive, and at TISEZA, we are here to facilitate your investment journey. We are not a regulatory authority; we are a facilitative institution committed to ensuring that your investment is successful,” he said.
Kabui identified agriculture, agro-processing, pharmaceuticals, livestock and real estate as some of the sectors offering significant investment opportunities.
He added that the country’s rapidly expanding real estate market presents fresh opportunities for both local and international investors looking to tap into increasing demand for housing, commercial developments and supporting infrastructure.
The delegation is also scheduled to visit the Ubungo and Bagamoyo Special Economic Zones, tour export-oriented garment factories and attend the 50th Dar es Salaam International Trade Fair, where they will meet Tanzanian businesses seeking investment, partnerships and access to international markets.
The programme will conclude in Zanzibar, where investors are expected to explore opportunities supported by the Zanzibar Investment Promotion Authority, particularly in sectors where the island is seeking increased foreign investment.
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