Dar es Salaam. Tanzania recorded a significant increase in foreign direct investment (FDI) in 2023, positioning itself as a standout performer in East Africa amid global economic challenges, a new report reveals.
The Tanzania Investment Report 2024 – jointly published by the Bank of Tanzania (BoT), the Tanzania Investment Centre (TIC) and the National Bureau of Statistics (NBS) – indicates that FDI inflows surged by 14.7 percent to $1.65 billion in 2023, up from $1.44 billion the previous year.
