The Latest

Investments in Arusha Double in 2024 Led by Tourism

The number of investment projects registered in Arusha doubled from 31 in 2023 to 64 in 2024, led by the tourism sector. The Tanzania Investment Centre attributes the surge to improved regional services and a favorable business environment.
May 15, 2025
2 minute read
Arusha Economic Forum 2025 TIC Teri

The number of investment projects registered in the Arusha region in Tanzania has doubled from 31 in 2023 to 64 in 2024, led by the tourism sector.

The announcement was made on 3rd May 2025 by the Tanzania Investment Center’s Executive Director, Gilead Teri, during the Arusha Economic Forum, which brought together government officials, investors, and regional stakeholders to discuss strategies for economic growth and investment promotion.

Teri noted that the tourism sector led this growth, with registered projects rising from 16 in 2023 to 34 in 2024.

Tanzania Investment Guide 2026 Free Edition

Teri attributed the growth to relocating TIC’s zonal offices to the region, which enabled the Centre to bring services closer to investors, improving efficiency and accessibility in the investment registration process.

He emphasized that this increase is a positive sign of a strengthening investment climate in Arusha, a region recognized as Tanzania’s tourism hub.

On his part, Tanzania’s Minister of State in the President’s Office for Planning and Investment, Professor Kitila Mkumbo, said that infrastructure development remains a key driver of economic growth and investment attraction under the Sixth Phase Government.

He pointed out that the government has prioritized investments in electricity, railways, roads, and airports, which have opened up the country to both domestic and foreign investors.

“The investment success we are witnessing today is not by chance. It is a result of deliberate efforts in infrastructure development,” added Mkumbo.

Tanzania Investment Guide 2026 Full Edition

The Minister also acknowledged challenges faced by investors, particularly those arising from overlapping regulatory authorities, and assured stakeholders that the government is working to streamline processes and improve the investment environment.

Arusha Tourism Investments

Arusha region, located in northern Tanzania, is a strategic tourism investment destination due to its proximity to major attractions, including Mount Kilimanjaro, Serengeti National Park, and the Ngorongoro Crater.

The region has historically been a focal point for tourism-related investments and continues to attract both local and international capital due to its natural assets and developing infrastructure.

Want to know more about Tourism in Tanzania? Our free overview of the Tanzania Business and Investment Guide 2026 covers Tourism, plus key sectors and investment opportunities. The complete 141-page edition includes policies, taxation, key regulations, full macroeconomic data, and sources.

Download Free OverviewGet the Full Guide — USD 99
Tweet
Share
Share
Share
Related Posts
Tanzania Minister Ashatu Kijaji Parliament Bunge
Read More

Tanzania Tourism Budget 2026/2027 of TZS 334.35 Billion Targets 20% GDP Share, with Sector Earnings at USD 4.4 Billion and 5.93 Million Tourists

Tanzania’s Minister of Natural Resources and Tourism, Dr. Ashatu Kijaji, tabled a TZS 334.35 billion budget for the Ministry for the 2026/27 financial year, with TZS 62.30 billion directed to development across wildlife, forestry, tourism, and antiquities. Tourism earnings reached USD 4.4 billion in 2025, with 5.93 million tourists, and the Ministry projects revenue of TZS 1.49 trillion in 2026/27, more than four times its budget.
Tanzania ASSESSMENT OF ECONOMIC IMPACTS ON TANZANIA ARISING FROM THE GULF CRISIS
Read More

Tanzania Gulf Crisis Report Rates Energy, Food, Transport, Tourism and Budget at High Risk

A May 2026 rapid assessment by Tanzania's National Planning Commission and UNDP rates energy, food, transport, tourism and the Government budget at high risk from the Gulf crisis, which raised Dar es Salaam fuel prices by up to 69% between January and May 2026. The report flags a possible TZS 153.7 billion monthly customs revenue shortfall and fuel subsidy needs rising to TZS 1,384.2 billion by July, alongside buffers including a 124% food self-sufficiency ratio, USD 6.3 billion in reserves and 57 trillion cubic feet of gas.
Dodoma Region Investment Guide
Read More

Tanzania Government Calls for Investment in Dodoma Mining, Agriculture, Tourism and Trade

Tanzania's Finance Minister and the Dodoma Regional Commissioner have jointly called on investors to tap into opportunities in Dodoma's mining, agriculture, tourism, and trade, with mining flagged as the region's largest potential through value addition. Specific openings include a proposed dry port to leverage Dodoma's central location at the heart of Tanzania, the construction of five-star hotels and international conference centres, and the development of mineral processing facilities, alongside the rollout of the Tourism Development Strategy for Dodoma Region 2025–2030.

Want to know more about investing in Tanzania? Our free overview of the Tanzania Business and Investment Guide 2026 covers the economy, key sectors and investment opportunities. The complete 141-page edition includes policies, taxation, key regulations, full macroeconomic data, and sources.

Download Free Overview Get the Full Guide — USD 99