UAE To Invest USD 7 Bln in Tanzania Over The Next 4 Years

Samia Suluhu Hassan with Mohammed bin Rashid Al Maktoum at Dubai Expo 2020

On 26th February 2022, Tanzanian President Samia Suluhu Hassan met with Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the United Arab Emirates (UAE) and Ruler of Dubai.

The meeting took place during the Expo Dubai 2020, the first World Expo ever hosted in the Middle East, Africa, and South Asia (MEASA) region.

Sheikh Mohammed bin Rashid highlighted the strong bilateral relations between the two countries and their shared desire to continue enhancing cooperation across various vital fields in the next phase, in light of their common vision on a range of regional and global issues.

Tanzania Investment Guide 2026 Free Edition

For her part, President Hassan expressed her country’s keenness to take bilateral relations to greater heights and enhance partnerships in various vital sectors to further the mutual interests of both nations and congratulated the UAE on the successful hosting of Expo 2020 Dubai, which is bringing together people from across the world to discuss ways to create a more prosperous future for humanity.

President Hassan also met with Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi. They discussed strengthening ties, particularly in investment and economic and development areas.

Following the meetings, the governments and private companies of the two countries signed 36 Memorandum of Understanding for a total investment of more than USD 7.49 billion and an estimated 200,000 new jobs over a four-year period.

The sectors expected to benefit from the agreement include energy, agriculture, tourism, infrastructure, transport technology, and many more.

President Samia Suluhu Hassan stressed that in order to encourage investment and make effective and modern products, the country needs better education.

TanzaniaInvest Capital Markets Report Banner

“Today I urge the UAE Government and other countries participating in the Expo 2020 Dubai to provide opportunities for Tanzanian students to study through scholarships and student exchange programs.”

Tanzania and UAE

The trade balance between UAE and Tanzania stands at around USD2b annually. Tanzania imports mainly refined petroleum products from the UAE, while the UAE is the largest buyer of cloves from Tanzania.

Want to know more about Trade in Tanzania? Our free overview of the Tanzania Business and Investment Guide 2026 covers Trade, plus key sectors and investment opportunities. The complete 141-page edition includes policies, taxation, key regulations, full macroeconomic data, and sources, and is also available at no cost upon completion of a short form.

Download Free OverviewGet the Full Edition for Free
Related Posts
Tanzania BOT economic update for the year ending August 2026, showing gold exports rising to USD 5.63 billion.
Read More

Tanzania Exports Grow 16.4% to USD 20.2 Billion in Year Ending August 2026, Led by Gold (+30%) and Manufactured Goods (+44%), Supported by Iron and Steel Products and Glassware

Tanzania’s exports of goods and services rose 16.4% to USD 20,216.2 million in the year ending August 2026, led by gold exports (+30.2%) and manufactured goods (+44.3%), including iron and steel products and glassware. Transport receipts rose 26.4%, while travel receipts increased 1.7% to USD 4,389.7 million.
EU-Tanzania Investment & Business Forum 2026-2027 Helsinki day 1
Read More

EU–Tanzania Roadshow Opens in Helsinki With Mineral and Digital Investment Pitches

At the EU-Tanzania roadshow in Helsinki, the EU and Finland said they want to invest in Tanzania's critical minerals and digital economy, backed by a new EUR 156 million EU package and by Finnish financiers Finnvera and Finnfund, which confirmed they are open to Tanzanian deals. Tanzania offered European companies entry into graphite, nickel and rare earths processing, including at a former gold mine converted into a mineral processing zone, as well as into data centres, submarine cables and broadband, backed by TZS 7 trillion in planned public spending.
TANZANIA ECONOMIC EXPORTS UPDATE YE JULY 2026
Read More

Tanzania Exports Grow 16.5% to USD 20 Billion in Year Ending July 2026, Led by Gold (+47%) and Manufactured Goods (+46%), Supported by Iron and Steel, Glassware, and Textiles

Tanzania's exports of goods and services grew 16.5% to USD 19,985.8 million in the year ending July 2026, led by gold exports of USD 5,670.7 million and manufactured goods, supported by iron and steel products, glassware, and textiles. Traditional exports rose 14.9%, while travel receipts rose 1.6% to USD 4,292.8 million.
Tanzania-Malawi Trade Investment Forum 2026 September TanTrade
Read More

Tanzania and Malawi Target Value Addition and Regional Supply Chains to Expand Bilateral Trade, Starting With Soy

Tanzania and Malawi are targeting value addition and regional supply chains to expand bilateral trade, with each country's investment authority opening projects to the other's investors at the 3rd Malawi-Tanzania Investment and Trade Forum in Dar es Salaam. Tanzania exports USD 89.46 million to Malawi against USD 15.169 million in imports, with USD 6 million of immediate export openings identified, 31% of bilateral export potential untapped, and Malawian soy processed by Tanzanian industry cited as the model value chain.