ZANZIBAR, June 8 -- In a bold move aimed at strengthening economic ties with Tanzanians living abroad and boosting investment inflows, Zanzibar has significantly reduced the minimum capital required for diaspora investors, opening wider doors for participation in key sectors of its economy.

Speaking at the closing of the Zanzibar Investment Forum 2026, Zanzibar Investment Promotion Authority (ZIPA) Chief Executive Officer Salehe Mohamed said the government has reduced the minimum recognised investment capital for diaspora investors from US$ 2.5mn to US$200,000

Additionally, Mr Mohamed said the government is also reviewing and improving laws governing land ownership, investment procedures, and profit repatriation to make it easier for di...