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Tanzania’s investment landscape experienced remarkable growth between 2023 and 2024. The number of registered investment projects surged by 71%, from 526 projects in 2023 to 901 projects in 2024. This expansion was accompanied by a significant rise in committed capital investments, which grew by 62.8%, increasing from $5.72 billion in 2023 to $9.31 billion in 2024. In addition, employment opportunities linked to these investments rose sharply, with 212,293 jobs created in 2024, compared to 137,010 jobs in 2023—an increase of approximately 55%. This upward trend reflects strong investor confidence and supportive government policies, as shown by the rising number of permits and approvals issued: work permits grew by 40.8%, Certificates of Incentives by 71.3%, and land rights approvals by 22.2%. Despite a slight decrease in residence permits (-11.4%) and TRA-approved exemptions (-11.9%), the overall environment signals a robust and broad-based investment expansion in Tanzania.

Investment-Related Permits, Licenses, and Approvals: Tanzania 2023 vs 2024

1. Overall Growth in Investment Projects

This 71% increase in investment projects explains why permit and approval activities also expanded.

2. Permits and Approvals Breakdown

Institution20232024Change (Number)Change (%)
Immigration (Residence Permits)5,5404,908-632-11.4%
Labour Office (Work Permits)5,2727,425+2,153+40.8%
TRA (Tax Exemptions Approved)268236-32-11.9%
NIDA (ID Cards/NIN)387457+70+18.1%
TIC (Certificates of Incentives)526901+375+71.3%
Ministry of Lands (Derivative Rights)5466+12+22.2%

3. Detailed Explanation

Immigration (Residence Permits)

Labour Office (Work Permits)

TRA (Tax Exemptions Approved)

NIDA (Legal Identity Cards/NIN)

TIC (Certificates of Incentives)

Ministry of Lands (Derivative Rights)

4. Other Major Impacts Related to the Growth

Indicator20232024Growth (%)
Jobs Created137,010212,293+55%
Capital Investment$5.72 billion$9.31 billion+62.8%

Key Takeaways:

Trend on Tanzania’s Investment Growth (Based on Permits, Projects, Capital, and Jobs Data)

1. Strong Positive Growth Trend

This shows that investment is expanding strongly across all important dimensions:
more projects, more money coming in, and more jobs being created.

2. Administrative Efficiency and Policy Support

Policy and administrative support are aligning well with investment growth needs.

3. Higher Demand for Labor (Local and Foreign)

Investment is creating employment opportunities both for Tanzanians and expatriates.

4. More Demand for Land and Legal Compliance

This shows that investors are securing land for long-term operations and formalizing their presence legally (getting IDs/NINs for employees).

5. Selective Tightening in Some Areas

Tanzania is balancing growth with better controls to maximize local economic benefits.

🔵 Summary of the Trend

✅ Tanzania’s investment environment is growing strongly and broadly.
✅ Government facilitation and private sector response are in sync.
✅ Investments are leading to real economy benefits: more jobs, more money, more businesses.
✅ The country is carefully managing some parts (like residence permits and tax exemptions) to safeguard national interests.
Tanzania is solidifying itself as a growing investment destination in 2024 with sustainable, job-creating, and capital-attracting growth trends.

Tanzania’s financial sector has experienced steady expansion from 2021 to 2024, with domestic credit growing from 27.37 trillion TZS in 2021 to 46.82 trillion TZS in 2024, reflecting increased economic activity. Private sector lending also rose significantly, from 19.64 trillion TZS to 33.76 trillion TZS, showing business growth. Meanwhile, foreign financial assets fluctuated, declining from 12.24 trillion TZS in 2021 to 9.66 trillion TZS in 2023, before recovering to 12.09 trillion TZS in 2024. The money supply (M3) expanded from 32.12 trillion TZS in 2021 to 47.09 trillion TZS in 2024, indicating increased liquidity and banking activity. These trends highlight Tanzania’s growing financial sector, with expanding credit and liquidity supporting economic growth.

Analyzing Tanzania's monetary and financial data from January 2021 to February 2025 reveals key trends across various financial indicators:

1. Foreign Financial Assets (Net)

Trend Analysis: There was a decline in net foreign financial assets from 2021 to 2023, followed by a recovery in 2024. This fluctuation may reflect changes in foreign exchange reserves and international investment positions.​

2. Domestic Credit

Trend Analysis: Domestic credit exhibited consistent growth over the period, indicating an expansion in lending activities within the economy.​

3. Government Claims (Net)

Trend Analysis: Net claims on the government increased from 2021 to 2023, stabilizing in 2024. This suggests increased government borrowing during the initial years, possibly for developmental projects or budgetary support, followed by stabilization.​

4. Claims on Private Sector

Trend Analysis: There was a steady increase in claims on the private sector, reflecting robust credit growth. Notably, private sector credit expanded by approximately 22% in both July and August 2023, before moderating to 19.5% in September 2023, surpassing the initial projection of 16.4% for December 2023. This growth is attributed to an improved business environment and supportive monetary policies. ​

5. Reserve Money (M0)

Trend Analysis: Reserve money showed consistent growth, indicating an increase in the central bank's monetary base.​

6. Extended Broad Money (M3)

Trend Analysis: M3, which includes M2 plus foreign currency deposits, grew steadily, reflecting an overall increase in the money supply.​

7. Broad Money (M2)

Trend Analysis: M2, comprising currency in circulation and local currency deposits, also exhibited consistent growth, indicating increased liquidity in the economy.​

8. Foreign Currency Deposits (FCD)

Trend Analysis: Foreign currency deposits increased annually, both in TZS and USD terms, suggesting growing confidence in foreign currency holdings.​

Key Observations:

The monetary and financial data for Tanzania from 2021 to 2024 in millions of TZS:

Indicator2021 Average2022 Average2023 Average2024 Average
Foreign Financial Assets (Net)12,240,63610,571,4499,663,72112,099,428
Domestic Credit27,371,15434,595,46341,047,50246,824,755
Government Claims (Net)6,501,8639,562,89611,603,73211,576,752
Claims on Private Sector19,643,86023,815,12528,528,61333,759,428
Reserve Money (M0)7,913,5649,103,8749,922,32711,049,539
Extended Broad Money (M3)32,127,71536,201,42441,107,81247,090,824
Broad Money (M2)24,773,94128,296,53432,083,03535,505,154
Foreign Currency Deposits (FCD)7,353,7287,904,8909,024,77711,585,670
FCD in USD (2024)---4,355 million USD

Tanzania's monetary and financial trends from 2021 to 2024, showing overall economic expansion with a few notable trends:

1. Domestic Credit Growth (↑)

2. Foreign Financial Assets (Fluctuations)

3. Increased Government Borrowing (↑)

4. Private Sector Credit Expansion (↑)

5. Money Supply Growth (M0, M2, M3) (↑)

6. Rising Foreign Currency Deposits (FCD)

Key Takeaways:

✅ Tanzania's economy is expanding, with increased money supply, credit, and financial activity.
✅ Private sector growth is strong, showing businesses are investing and borrowing more.
✅ Government borrowing has increased, which could either boost development or create fiscal risks.
✅ Foreign reserves saw fluctuations, indicating external financial pressures but a recovery in 2024.
✅ Liquidity is improving, supporting higher economic participation.

Tax policies significantly influence Tanzania’s investment climate, affecting both local and foreign investors. While taxation is crucial for government revenue, an overly complex and high tax regime can discourage investments, limit capital inflows, and slow economic growth. This article explores how tax laws shape investment trends in Tanzania, presenting key figures, challenges, and potential solutions.

Tanzania’s Tax System and Investment Trends

1. Corporate Tax Rates and Regional Comparison

Tanzania imposes a 30% corporate tax rate on resident companies, one of the highest in East Africa. In contrast:

The high tax rate discourages investments, as seen in 2022 when Tanzania attracted only $922 million in Foreign Direct Investment (FDI), compared to Kenya’s $2 billion and Ethiopia’s $3.1 billion.

2. Tax Compliance and Bureaucracy

Tanzania ranks 163rd out of 190 countries in the World Bank’s Ease of Doing Business Index (2020), reflecting long tax compliance procedures. Businesses spend an average of 240 hours per year filing tax documents, compared to 150 hours in Rwanda.

A survey conducted by TICGL in 2025 revealed:

3. Multiple Taxation and VAT Burden

Investors in Tanzania face multiple layers of taxation, including:

Tanzania’s VAT refund delays are a significant issue, with pending refunds amounting to TSh 1.4–1.5 trillion ($650 million) in 2025. Some businesses wait over 12 months for VAT refunds, severely affecting cash flow and expansion plans.

4. Case Studies: How Taxes Affect Investors

Mining Industry: Acacia Mining’s $190 Billion Tax Dispute

Telecommunications: Vodacom Tanzania’s $2.5 Million Tax Case

Tourism Sector: Serena Hotels’ VAT Refund Issues

Recommendations for a Better Investment Climate

  1. Lower Corporate Tax to 25%
    • Aligning with Kenya and Ethiopia could increase Tanzania’s FDI inflows.
  2. Simplify Tax Compliance
    • Introduce a one-stop tax portal to reduce paperwork and compliance time.
  3. Reduce VAT to 16%
    • This would enhance competitiveness and reduce operational costs for businesses.
  4. Automate VAT Refund Processing
    • Ensuring refunds are processed within 30 days would improve business cash flow.
  5. Introduce a 5-Year Tax Stability Framework
    • This would provide predictability and confidence for long-term investors.

Conclusion

Tanzania's current tax policies present significant barriers to investment. High corporate taxes, multiple taxation, VAT refund delays, and unpredictable policy changes discourage both local and foreign investors. If key reforms are implemented—such as lowering tax rates, simplifying compliance, and improving tax administration—Tanzania could increase FDI by 10-15% over the next five years, boosting economic growth and job creation.

The impact of tax laws on investments and investors in TanzaniaDownload

The Tanzania Revenue Authority (TRA) demonstrated exceptional performance in the first half of the 2024/2025 fiscal year, consistently exceeding revenue targets with efficiency rates above 100% and achieving year-on-year growth ranging from 15% to 23.6%. With total collections peaking at TZS 3.587 trillion in December 2024, driven by strengthened economic activities and improved tax compliance, TRA's strategic initiatives have set a solid foundation for continued growth. Forecasts for January–June 2025 project sustained revenue momentum, reinforcing TRA's pivotal role in enhancing Tanzania’s fiscal stability and economic development.

1. Overview of Monthly Performance

The table shows the revenue collections compared to targets and highlights both efficiency (how much was collected compared to the target) and growth (how much collections increased compared to the previous year).

MonthCollections 2023/2024 (TZS Trillion)Target 2024/2025 (TZS Trillion)Collections 2024/2025 (TZS Trillion)Efficiency (%)Growth (%)
July1.9392.2472.347104.4521.04
August2.0112.2952.421105.4920.39
September2.6252.8823.019104.7515.01
October2.1482.4712.655107.4523.60
November2.1432.4172.499103.3916.61
December3.0503.4653.587103.5217.61

2. Key Observations

A. Efficiency (Target Achievement)

B. Growth (Year-on-Year Increase)

3. Breakdown of Key Drivers

  1. Revenue Growth Factors
    • Improved economic activity during the year, particularly in key sectors like trade and services.
    • Strengthened tax administration and enforcement measures by TRA.
  2. Efficiency in Exceeding Targets
    • Enhanced compliance through digital tax systems (e.g., EFDs).
    • Improved taxpayer education and monitoring contributed to high revenue performance.
  3. Month-on-Month Trends
    • The largest revenue collection occurred in December 2024 (TZS 3.587 trillion), likely due to increased economic activity during the holiday season.
    • July 2024 saw a strong start with significant growth and efficiency, setting the pace for subsequent months.

4. Highlights and Takeaways

Forecast for revenue collections by the Tanzania Revenue Authority (TRA) for the next six months (January–June 2025), based on the average growth rate observed between July and December 2024/2025:

MonthForecasted Collections (TZS Trillion)
January3.97
February4.40
March4.86
April5.39
May5.96
June6.60

Key Observations:

  1. January 2025: Forecasted collections are TZS 3.97 trillion, an increase from December 2024 due to consistent growth momentum.
  2. June 2025: Collections are projected to reach TZS 6.60 trillion, reflecting significant month-on-month growth.
  3. Trend: Revenue is expected to grow steadily due to sustained improvements in tax compliance and economic activities.

Tanzania Revenue Authority (TRA) for July–December 2024/2025 and the forecast for January–June 2025 offers key insights into the efficiency, growth, and trends of revenue collections:

1. Efficiency (Target Achievement)

2. Growth (Year-on-Year Comparison)

3. Seasonal Trends and Peaks

4. Key Drivers Behind Performance

5. Forecast for January–June 2025

6. Overall Insights

  1. Consistency in Exceeding Targets: TRA’s ability to consistently exceed revenue targets demonstrates strong institutional efficiency.
  2. Sustained Growth: Growth rates of 15–23.6% suggest resilience in economic activities despite potential challenges.
  3. Strategic Focus: December’s peak collections and the upward forecast highlight the importance of seasonal and economic patterns in TRA’s strategies.
  4. Future Prospects: The optimistic forecast for January–June 2025 underscores TRA's capability to leverage momentum and maintain revenue collection growth.

Digital loans have experienced significant growth in Tanzania, driven by mobile technology, increased phone ownership, and partnerships between banks, microfinance institutions, and mobile network operators (MNOs).

Key Statistics

  1. Total Number of Digital Loan Accounts:
    • The number of digital loan accounts in Tanzania skyrocketed by 198% from 32.09 million in 2022 to 95.89 million in 2023.
    • This dramatic increase highlights a growing trend of digital borrowing, especially among low-income and rural populations who find traditional banking inaccessible.
  2. Amount of Digital Credit Issued:
    • The total amount of digital credit issued in Tanzania surged from TZS 26.79 billion in 2022 to TZS 126.03 billion in 2023, marking a 370% increase.
    • This indicates that while the number of loans has grown significantly, the total value of loans issued has also risen, suggesting an increasing demand for larger loans.
  3. Demographic Trends:
    • Men represent 66.5% of all digital loan borrowers, while women account for 33.5%. However, the number of women accessing digital loans is steadily increasing, indicating greater financial empowerment among women.
    • Youth and young adults (primarily those aged 18–35) make up a large proportion of digital loan borrowers, as they are more likely to use mobile phones and digital financial services.
  4. Active Mobile Money Accounts:
    • The increase in mobile money accounts (from 38.34 million in 2022 to 51.72 million in 2023) has contributed to the growth of digital loan services, as digital loan products are typically linked to mobile wallets.
    • The growth in mobile money accounts and the availability of National Identification Numbers (NINs) have made it easier for more people to access mobile financial services.

Key Drivers of Growth

  1. Technology and Mobile Penetration:
    • The expansion of 3G and 4G network coverage and the increased availability of smartphones have made digital loans more accessible to Tanzanians, particularly in rural areas.
    • The ease of instant loans via mobile platforms has allowed users to access credit without needing a bank account or physical collateral.
  2. Partnerships between Banks and MNOs:
    • Many financial institutions have partnered with mobile network operators (MNOs) to offer digital loans. These partnerships leverage MNOs' extensive mobile money networks, enabling quicker disbursement and repayment of loans.
    • Artificial Intelligence (AI) is used to assess the creditworthiness of borrowers, allowing for faster loan approval processes based on transaction history and mobile phone usage.
  3. Government Support:
    • Regulatory changes by the Bank of Tanzania (BoT) and other financial authorities have helped create a favorable environment for digital lending, supporting the development of mobile loan platforms and enhancing financial inclusion.

Impact of Digital Loans

  1. Financial Inclusion:
    • Digital loans have significantly improved financial inclusion by providing access to credit for underserved populations, particularly in rural areas where traditional banks have limited reach.
    • The increased access to instant loans has enabled individuals to meet urgent financial needs, such as healthcare, education, or emergency expenses.
  2. Economic Growth:
    • By giving small businesses and individuals access to capital, digital loans contribute to economic activity, especially for MSMEs and entrepreneurs who may otherwise struggle to access credit from traditional financial institutions.

Challenges and Opportunities

  1. Challenges:
    • Despite their growth, digital loans often carry high-interest rates, which can burden borrowers, especially those in low-income segments.
    • There is also concern over the sustainability of digital lending models, as some borrowers may struggle to repay loans on time, leading to over-indebtedness.
  2. Opportunities:
    • The growth of digital credit presents opportunities for further product innovation in micro-lending, especially targeting women and youth.
    • There is potential for regulatory improvements to balance the rapid growth of digital lending with consumer protection to ensure long-term stability and sustainability.

Conclusion

The surge in digital loans in Tanzania, with a 198% increase in loan accounts and a 370% rise in the value of loans, demonstrates the country's rapid adoption of mobile financial services. While digital loans have opened up new opportunities for financial inclusion, they also present challenges related to affordability and long-term sustainability. Continued innovation, coupled with regulatory oversight, will be key to maximizing the benefits of digital lending in Tanzania's evolving financial landscape.

Between 2019 and 2023, Tanzania's financial landscape experienced remarkable growth, with total financial access points increasing by 130%, from 609,956 in 2019 to 1,402,609 in 2023. This expansion was driven by a 116% rise in mobile money agents (from 573,444 to 1,240,106) and a 365% growth in bank agents (from 28,358 to 106,176). The country’s financial inclusion rate improved from 65% in 2017 to 76% in 2023, showcasing the success of digital innovations and policy reforms under the National Financial Inclusion Framework. This growth underscores Tanzania's commitment to bridging the financial access gap, particularly in underserved areas.

Financial Services Providers Landscape in Tanzania

Tanzania's financial services landscape is diverse and rapidly growing, driven by digital innovations and regulatory improvements. The sector comprises banking institutions, microfinance, insurance, capital markets, and payment service providers:

Access to Financial Services

Usage of Financial Services

Growth Drivers

  1. Digital Financial Services: The rise of mobile money and online platforms improved accessibility and efficiency.
  2. Policy Frameworks: The National Financial Inclusion Framework (2023-2028) prioritized underserved populations.
  3. Regulatory Enhancements: New guidelines fostered innovations, such as digital insurance platforms and microfinance formalization.
  4. Government Programs: Local Government Authority loans provided TZS 24.02 billion to women and TZS 19.92 billion to youth in 2023.

Total Number of Financial Access Points in Tanzania (2019–2023)

The number of financial access points in Tanzania grew significantly between 2019 and 2023, driven by expansion across banking, microfinance, insurance, and payment systems:

Overall Growth

Yearly Breakdown of Access Points

YearTotal Financial Access PointsAnnual Growth (%)
2019609,956-
2020798,79030.97%
2021973,24521.85%
20221,215,03324.84%
20231,402,60915.44%

Sector-wise Contribution

  1. Banking Services:
    • Grew from 29,371 access points in 2019 to 107,238 in 2023.
    • Bank agents contributed most to this increase, quadrupling during the period.
  2. Microfinance Services:
    • Increased from 6,241 access points in 2019 to 53,371 in 2023, driven by the formalization of Community Microfinance Groups (CMGs).
  3. Insurance Services:
    • Access points rose from 795 in 2019 to 1,495 in 2023, a 88% growth, fueled by digital platforms and bancassurance agents.
  4. Payment Systems (Non-Bank):
    • Dominated the landscape, growing from 573,444 access points in 2019 to 1,240,106 in 2023, representing 116% growth.
    • Mobile money agents were the largest contributors.
  5. Capital Markets Services:
    • Modest growth from 91 access points in 2019 to 380 in 2023, reflecting a focus on investment advisory and fund management.
  6. Social Security Services:
    • Grew slightly from 14 access points in 2019 to 19 in 2023, limited by the niche nature of this sector.

Key Drivers of Growth

Implications

The steady increase in financial access points reflects Tanzania's progress in financial inclusion, ensuring more adults live within a 5 km radius of financial services (89% in 2023, up from 86% in 2017).

Insights from Tanzania's Financial Services Providers Landscape (2023) and Financial Access Points (2019–2023)

1. Strong Progress in Financial Inclusion

The rapid growth in financial access points and the diversification of financial service providers illustrate Tanzania's consistent strides in financial inclusion. The financial inclusion rate increased from 65% in 2017 to 76% in 2023, demonstrating that more Tanzanians are accessing formal financial services.

2. Dominance of Digital Financial Services

3. Role of Policy and Regulation

4. Significant Growth in Banking Services

5. Increased Focus on Underserved Segments

6. Opportunities in Microfinance and Capital Markets

7. Persistent Challenges

8. Economic and Social Impacts

Key Takeaways

  1. Growth with Innovation: The financial services landscape in Tanzania is becoming increasingly diversified, with digital financial services leading the charge.
  2. Policy as a Catalyst: The alignment of policy, innovation, and private-sector initiatives ensures sustainable growth in financial inclusion.
  3. Targeted Efforts are Essential: Continued focus on underserved segments like rural populations and MSMEs is crucial for equitable economic growth.

In September 2024, Tanzania's bank lending rate rose slightly to 12.92% from 12.79% in August, reflecting cautious adjustments in monetary policy. This rate, slightly below the long-term average of 13.09%, highlights the Bank of Tanzania's efforts to manage inflation and stabilize the economy while maintaining a moderately high cost of borrowing for businesses and consumers.

1. Current Trends (2024)

2. Historical Averages (2003-2024)

3. Extreme Values

4. Insights from Changes

5. Implications for Borrowers and Businesses

The bank lending rate data for Tanzania tells several important economic and monetary policy stories:

1. Monetary Policy Trends

2. Credit Environment

3. Historical Context

4. Implications for Economic Growth

5. Signals to Stakeholders

As of September 2024, Tanzania's total external debt reached USD 32.89 billion, accounting for 73% of the country’s total national debt. The central government held the largest share of external debt at USD 25.43 billion (78.1%), with funds directed toward critical sectors like transport (21.5%) and social welfare (20.8%). Domestically, the government owed TZS 32.62 trillion, with Treasury bonds dominating at 78.9%. Despite strategic investments, reliance on the USD (67.4% of external debt) and limited funding for agriculture (5.1%) and tourism (1.6%) pose challenges to debt sustainability and inclusive economic growth.

1. External Debt

Key Figures

Debt Stock by Borrowers

Use of Funds (Disbursed Outstanding Debt)

Currency Composition

2. Internal (Domestic) Debt

Key Figures

Domestic Debt by Creditor

Insights

  1. Debt Composition: External debt forms a significant majority (73%), exposing the economy to foreign exchange risks, especially given the dominance of USD (67.4%).
  2. Focus Areas of Debt Use: Prioritization of transport, telecommunications, social services, and energy aligns with Tanzania's development goals, though agriculture and tourism receive relatively smaller allocations.
  3. Domestic Financing: Treasury bonds dominate, with commercial banks and pension funds as major participants, reflecting a stable domestic borrowing market.

The key insights into Tanzania's fiscal and economic dynamics:

1. Heavy Reliance on External Debt

2. Focused Use of Funds

3. Dominance of Treasury Bonds in Domestic Debt

4. Key Domestic Creditors

5. Debt Sustainability and Macro Risks

Key Messages

TANROADS’ top 10 infrastructure projects, valued at 1,846.422 Billion TZS, highlight a strategic focus on transformative investments between 2015 and 2021. The J.P. Magufuli Bridge, the most expensive project at 592.609 Billion TZS, underscores the prioritization of specialized, high-impact infrastructure. While projects like BRT Phase 2 Lot 1 focus on urban mobility with a cost of 189.4 Billion TZS, rural connectivity is efficiently addressed through cost-effective roadworks such as Komanga-Kasinde LOT2 and Kasinde-Mpanda LOT3, averaging just 1.24 Billion TZS/km. These investments reflect TANROADS’ commitment to improving transport, trade, and regional integration across Tanzania.

1. J.P. Magufuli Bridge

2. BRT Phase 2 Lot 1

3. Lusitu-Mawengi LOT2

4. Usesule-Komanga LOT1

5. Widening of Morogoro Road (Kimara–Kibaha)

6. Komanga-Kasinde LOT2

7. Kasinde-Mpanda LOT3

8. LOT 2: Ihumwa Dry Port – Matumbulu – Nala Section

9. Moronga-Makete LOT2

10. LOT 1: Nala – Veyula – Mtumba – Ihumwa Dry Port Section

Key Observations and Trends

1. Cost Distribution

2. Timeline Pattern

3. Project Types

4. Cost Efficiency

5. Geographic Distribution

The analysis of the top 10 TANROADS projects provides several insights into Tanzania's infrastructure priorities and investment strategy:

1. Strategic Investment Priorities

2. Cost Efficiency and Project Complexity

3. Timeline and Budget Focus

4. Geographic Distribution

5. Infrastructure and Economic Growth Link

TANROADS is executing a deliberate strategy to prioritize impactful, high-value projects that address both urban and rural needs. By focusing on cost efficiency, geographic inclusivity, and economic relevance, these projects significantly enhance Tanzania’s infrastructure, trade capacity, and economic growth potential.

Top 10 TANROADS Projects by Contract Value (2015–2021):

RankProject NameContract Value (Billion TZS)Signing DateLength (km)Cost per km (Billion TZS)Key Highlights
1J.P. Magufuli Bridge592.60929/07/20193.20185.19Most expensive project, critical national transport link.
2BRT Phase 2 Lot 1189.40010/12/201820.309.33Urban transit infrastructure for Dar es Salaam.
3Lusitu-Mawengi LOT2159.21722/08/201650.003.18Enhances regional connectivity.
4Usesule-Komanga LOT1158.80012/11/2017117.671.35Large-scale, cost-efficient rural connectivity project.
5Widening of Morogoro Road (Kimara–Kibaha)140.45013/07/201819.207.32Urban road widening to reduce congestion and enhance trade flow.
6Komanga-Kasinde LOT2140.00012/11/2017112.801.24Efficient road project supporting rural regions.
7Kasinde-Mpanda LOT3133.80012/11/2017108.001.24Complements Komanga-Kasinde project to strengthen connectivity.
8LOT 2: Ihumwa Dry Port – Matumbulu – Nala120.86014/02/202060.002.01Improves logistics for trade efficiency.
9Moronga-Makete LOT2110.44606/02/201753.502.06Supports regional transport connectivity.
10LOT 1: Nala – Veyula – Mtumba – Ihumwa100.84010/07/202052.301.93Facilitates transport and logistics efficiency.

Key Observations:

Between 2015 and 2021, TANROADS has strategically increased infrastructure investments, focusing on high-value projects to drive Tanzania's economic growth. Over this period, the total investment reached 3,264.173 Billion TZS, with a peak average project value of 119.40 Billion TZS per project in 2019. In 2021, despite only 4 projects, the average remained high at 81.41 Billion TZS per project, emphasizing a shift toward impactful, large-scale infrastructure that strengthens national and regional connectivity.

Yearly Breakdown

2021

2020

2019

2018

2017

2016

2015 and Earlier

Insights

  1. Peak Year: The highest average project value was in 2019, highlighting significant investments in high-value infrastructure.
  2. Earlier Projects: Projects before 2015 had much lower average values, reflecting either smaller scopes or older pricing trends.
  3. Consistent Growth: Recent projects (2020–2021) show a steady increase in total project values with relatively fewer but higher-value contracts.

The figures reveals key insights about TANROADS' project trends and priorities over the years:

1. Investment Growth Over Time

2. Recent Trends (2020–2021)

3. Earlier Years (2015 and Before)

4. Long-Term Trends

What This Means

The top 10 projects by contract value.

RankProject NameYearContract Sum (Bil TZS)
1J.P. Magufuli Bridge2019592.609
2BRT Phase 2 Lot 12018189.400
3LUSITU-MAWENGI LOT22016159.217
4USESULE-KOMANGA LOT12017158.800
5WIDENING OF MOROGORO ROAD (KIMARA –KIBAHA)2018140.450
6KOMANGA KASINDE LOT22017140.000
7KASINDE-MPANDA LOT32017133.800
8LOT 2: IHUMWA DRY PORT – MATUMBULU – NALA SECTION2020120.860
9LOT 1: NALA – VEYULA – MTUMBA – IHUMWA DRY PORT SECTION2020100.840
10MORONGA-MAKETE LOT22017110.446

Key observations:

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