DODOMA, June 11 -- TANZANIA is set to establish the Dar es Salaam International Financial Centre (DIFC) in a major push to attract global capital, strengthen financial markets and position the country as a leading investment destination in Africa.

The Minister for Finance, Ambassador Khamis Mussa Omar revealed this at the Parliament in Dodoma on Thursday when presenting the 2026/27 Budget noting that the planned financial hub will serve as a gateway for foreign investment and support growth across key sectors of the economy.

The announcement comes as Tanzania records a sharp rise in foreign direct investment (FDI), which increased to 21.7 billion US dollars in 2024, up from 14.1 billion US dollars in 2018, reflecting growing investor co...