Tanzania and Zambia to Strengthen Trade and Investment Relations

Tanzania Zambia

Tanzania and Zambia have agreed to cooperate for stronger trade and investment relations to benefit the economies of both countries.

The assurance was given by both countries’ leaders during a recent visit of the Zambian President Edgar Lungu to Tanzania.

For this, Tanzania’s President John Magufuli and President Lungu signed agreements to revitalize the Tanzania Zambia Railway Authority (TAZARA) and the Tanzania Zambia Mafuta (TAZAMA) pipeline.

TANZANIA BUSINESS & INVESTMENT GUIDE 2026

Magufuli said that TAZARA’s performance has been deteriorating and noted that the cargo volume has dropped from 5m t in 1976 to 128,000t in 2016, while TAZAMA has the capacity to transport 1.1m t of oil per annum but currently it is handling only 600,000t per year.

In relation to TAZARA, the Presidents of Tanzania and Zambia agreed that the key issues arise from inefficient management.

For this, they agreed to amend the law, which will therefore allow for recruitment of competent and knowledgeable people to manage TAZARA.

President Lungu noted that in addition to reviving TAZAMA, Zambia expects to benefit from the recent gas discoveries in Tanzania.

During his stay in Tanzania, President Lungu also visited the Tanzania Ports Authority (TPA) and committed to continue using the Dar es Salaam port; however, he advised Tanzania to further improve the cargo handling services at its port.

Magufuli noted that Zambia is one of the leading countries by cargo volume cleared through the Dar es Salaam port with 1.9m t in 2015 and pledged to continue strengthening the port.

Zambia is a landlocked country and most of its goods are exported and imported through the port of Dar es Salaam.

Mainly vehicles and refined oil are transported from Dar es Salaam to Zambia and copper is transported from Zambia to the Tanzanian port.

Related Posts
East Africa Nordic Investment Summit Tanzania
Read More

Dar Es Salaam Hosted East Africa Nordic Investment Summit To Advance Digital Transformation And SEZ Investments

Dar es Salaam hosted the East Africa Nordic Investment Summit on 25–26 February 2026, bringing together government leaders, Nordic partners, investors and entrepreneurs to align digital systems, capital structuring and policy frameworks. The summit focused on digital transformation, Special Economic Zones incentives and the launch of the Tanzania Youth Agri-Export Hub targeting exports to the UK market.
Tanzania Quarterly GDP Growth 2021-2025
Read More

Tanzania Economic Performance in 2025 Records 6.4% GDP Growth in Q3, 3.6% Inflation, 23.5% Credit Growth, 37.4% Gold Export Rise, and 2.29 Million Tourists

Tanzania’s economic performance in 2025 recorded real GDP growth of 6.4% in Q3, stable inflation at 3.6%, and strong private sector credit expansion of 23.5%, while lending rates moderated to 15.24%. Exports of goods and services rose by 10.2%, led by gold exports increasing 37.4% to about USD 4.7 billion, while international tourist arrivals reached 2.29 million.
AFRICA EAST TANZANIA REAL GDP GROWTH RATE 2025-2026-2027 UNCTAD
Read More

UNCTAD Forecasts 5.8% GDP Growth for Tanzania in 2026 as Inflation Declines to 2.8% Despite Global Slowdown

UNCTAD’s World Economic Situation and Prospects 2026 projects GDP growth at 5.8% in 2026 and 5.3% in 2027, supported by robust domestic demand, improved macroeconomic stability, IMF-backed reforms, strong agricultural output, and favourable gold prices, while inflation is projected to decline to 2.8%. This contrasts with a global growth outlook of 2.7% in 2026 amid trade tensions, fiscal pressures, and subdued investment.