Tanzania unveils its Medium-Term Revenue Strategy (MTRS) to strengthen domestic funding, reduce reliance on foreign aid, and create a fair, sustainable tax system.

French energy giant TotalEnergies plans to resume work on its $20B Mozambique LNG project despite ongoing insurgent attacks in Cabo Delgado. The move signals confidence in long-term gas prospects even as security risks persist.

Gladiator Resources (ASX:GLA) is in talks to sell its Mkuju uranium prospects, including Likuyu North and Foxy. Offers are expected in coming months. A deal would boost its balance sheet and support a shift to U.S. rare earths, as Tanzania’s Nyota Project draws AUD 1.2B.

The UN has listed Tanzania among countries expected to graduate from Least Developed to Developing status. With GDP growth averaging 6.2% (2000–2024), rising per capita income, poverty reduction, and major infrastructure projects, Tanzania is nearing the milestone.

Tanzania averaged 6.2% GDP growth from 2000–2024. Per capita income rose from ~$453 in 2000 to $1,277 in 2023. Source: UNCTAD

Extreme poverty in Tanzania declined from 36% in 2000 to 26% in 2024, supported by expanded credit access and stronger fiscal management. Source: UNCTAD, 2025

Inflation in Tanzania has remained in single digits over the past two decades, helping preserve stability and purchasing power. Source: UNCTAD

Last season, 2023/24, Songea traded 5,059 tons of pigeon peas worth TZS 10.16bn. This season, 2025/26, Songea targets 7,050 tons, an increase of 1,991 tons.

Nyasa District collected TZS 2.17bn in 2023/24, hitting 125 per cent of its target. Local tax revenue rose from TZS 202m to 272m.

Tanzania welcomed 538,147 visitors in the year to March 2025, pushing revenues up 10.3% to Sh164.3B. Serengeti & Kilimanjaro dominated with 70% arrivals and Sh115.5B, while the Central Zone posted the fastest growth at 43%.

Dar es Salaam Stock Exchange Week 38/2025 saw trading soar: Equity turnover jumped +159.15% to TZS 15.08B, bond turnover rose +39.81% to TZS 137.58B. TTP led (+6.45%) while MKCB dipped (-15.32%).

Mbamba Bay Port in Ruvuma is now 80% complete and set for full operation by Jan 2026. As part of the Mtwara Corridor, it will link Tanzania with Malawi, Zambia & Mozambique, cutting transport costs, boosting trade and unlocking new growth for the region.

Tanzania has increased crop storage capacity in Ruvuma through the construction of 28 new warehouses, funded by government resources and private sector investment. The facilities aim to reduce post-harvest losses and improve market access.

Tanzania’s fertiliser demand in FY2023/24 reached 1,213,730 tons, with only 158,628 produced locally and 728,758 imported. The unmet demand of 848,884 tons signals strong potential for private investment in fertiliser factories as agriculture expands.

Tanzania imports over 95% of its annually required pesticides and herbicides, according Tanzania Plant Health and Pesticides Authority (TPHPA).

The Bank of Tanzania has completed its study on a digital shilling (CBDC) and awaits government direction.

Under Rais Samia Suluhu, Ndumbi Port in Mbamba Bay has expanded its annual cargo handling from 40,000 to 100,000 tonnes—boosting trade, easing transport, and opening new opportunities for Ruvuma residents.

Tanzania will begin drilling 3 new gas wells at Mnazi Bay in Nov 2025, the first in a decade. The project is set to boost output by 30m+ cubic feet/day, strengthening supply for power, industry, homes & vehicles, while expanding TPDC’s stake to 40%.

Tanzania’s south is defined by cashews. Mtwara & Lindi supply 75% of national output. Production jumped from 310,000 tons in 2023/24 to 410,000 tons in 2024/25, with projections above 700,000. Tanzania ranks 8th globally in cashew production.

Paratus Group has launched licensed operations in Tanzania, offering internet, cloud, cybersecurity & managed network services. Part of its East Africa expansion, supported by a cross-continental fiber backbone, as the region’s GDP share is forecast to hit 29% by 2040.