Tuesday , October 13 2026

Tanzania Casts a Wider Net for Capital From the Gulf to London

Qatar, Oman, Vietnam, Russia and Burundi have all featured in a month of investment and trade talks for Tanzania, which has also carried its pitch to European markets as part of a government drive to build broader commercial relationships across the Gulf, Asia, Africa and Europe.

The tour culminates at the Tanzania Investment Forum in London on 8 October 2026. Convened by the Tanzanian High Commission and Invest Africa, the forum will bring Prime Minister Mwigulu Nchemba and a government delegation together with investors, development finance institutions and business leaders to showcase opportunities across the country.

The strategy is deliberate, and the Gulf has been a particular focus in recent years. Tanzania and Qatar signed a double taxation agreement on 29 September 2026, which stops companies being taxed twice on the same income and reflects growing cross border business between the two countries. An Omani delegation was in Dar es Salaam at the same time and Tanzania has been described as an important East African partner, with a deep shared history and untapped opportunity in trade and logistics on the Indian Ocean Rim.

To the east, the second Vietnam and Tanzania Joint Commission sought to turn longstanding ties into projects. Officials advanced work on investment protection and double taxation agreements, while companies pursued opportunities in agriculture, agro processing, mining and the marine economy. Bilateral trade has grown and Vietnam describes Tanzania as a bridge into East Africa. Tanzania, in turn, presents the relationship as an effective entry point into the markets of the Association of Southeast Asian Nations, helping to build stable supply chains for cashew nuts, cotton, timber and minerals.

In Europe, a Tanzanian delegation visited the EU’s only nickel smelter before heading to Italy to discuss investment in coffee processing and power transmission. With substantial nickel reserves and growing demand for critical minerals, Tanzania is using these engagements to attract investment across the value chain and to position itself as a reliable alternative trading partner.

Geography is central to the pitch. Tanzania’s Indian Ocean coastline and its links into East and Central Africa give it the potential to serve as a trading and logistics hub connecting African markets with the Gulf and Asia. Its engagements with Vietnam and Oman reflect a practical form of South to South cooperation, supported by government coordination and shared commercial interests that open routes between emerging markets. London has a stake in that story, as a global centre for finance, trade and commodities that can provide capital, expertise and established commercial networks for projects linking Tanzania’s resources and products to regional and international markets.

Check Also

Newmont’s Natascha Viljoen Joins SA’s Mining Elite With Hall of Fame Honour

The Joburg Indaba South African Mining Hall of Fame has welcomed Natascha Viljoen, President and …