The Latest

South Korea to Invest in Tanzanian Tourism Sector

September 12, 2013
1 minute read

The Tanzania Tourist Board (TTB) and Africa Future Forum (AFF) signed a pact on September 6th, 2013 to work together in increasing South Korean investments in Tanzania’s tourism sector.

AFF is a South Korean organization that provides overhead capitol support for development projects throughout Africa.

Dr. Aloyce Nzuki, managinng director of TTB, stated that Tanzania’s tourism sector has been on the rise since December 2012 when the nation was recognized by global tourist organizations as having three out of seven of the best natural wonders in Africa.

Tanzania Investment Guide 2026 Free Edition

He stressed that more hotels need to be built in Tanzania, and that any South Koreans interested in investing here will be assisted by the TTB, Ministry of Natural Resources and Tourism, as well as the Tanzanian Investment Center.

A Tanzanian tourism center was also been opened in Seoul, South Korea for promotions and advertising, as well as to strengthen friendships and work relations between Tanzanians and South Koreans.

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
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