DODOMA, April 16 -- THE Tanzanian government said it has made a big progress in attracting foreign investment has paid off and is today driven by increased inflows of private sector capital, The Minister of State in the Presidents Office for Planning and Investment, Kitila Mkumbo, said today, April 16, 2026.

Speaking in Parliament in Dodoma,  while resenting the budget speech for the Presidents Office – Planning and Investment for the 2026/2027 financial year, Prof. Mkumbo cited the 2025 World Investment Report published by UNCTAD. He noted that foreign direct investment (FDI) inflows into Tanzania reached 1.72bn US dollars in 2024, up from 1.34bn US dollars in 2023, representing a growth of 28.3 percent.

According to the rep...