DAR ES SALAAM, March 30 -- FITCH Ratings has reaffirmed Tanzanias long-term foreign-currency issuer default rating at ‘B+ with a stable outlook, citing the nations robust growth trajectory and fiscal resilience following the 2025 General Election.

The affirmation follows a similar move by Moodys Ratings in February, which held Tanzania at ‘B1 with a stable outlook, effectively signaling a consensus among global credit sentinels that East Africas second-largest economy is holding its course.

The rating agencies highlight a projected real GDP growth of 6 per cent for 2026, significantly outpacing the ‘B rated median of 4.5 per cent.

This expansion is being fueled by a surge in infrastructure investment, most notably the...