Tanzania’s mining sector leads in attracting foreign direct investments
Foreign direct investment in mining and quarrying rose to $9.79 billion in 2024, up from $9.15 billion in 2023 and $8.64 billion in 2022, according to the Tanzania Investment Report 2025. PHOTO | FILE
Josephine Christopher is a senior business journalist for The Citizen and Mwananchi newspapers
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Dar es Salaam. Mining and quarrying continue to dominate Tanzania’s foreign direct investment (FDI) stock, accounting for nearly three-quarters of investment in key sectors, even as the United Kingdom remains the leading source of foreign capital, according to the Tanzania Investment Report 2025.
The report shows that FDI stock in mining and quarrying rose to $9.79 billion in 2024, up from $9.15 billion in 2023 and $8.64 billion in 2022. The increase reflects continued expansion of existing projects, reinvestment of earnings and consolidation within the sector.
