Pan-African Business Revival: How Diaspora and African Entrepreneurs Are Uniting to Build Wealth in Tanzania and Across the Continent

Welcome Home, Brother. Welcome Home, Sister. Let's Build Africa—Together.

In the spirit of Pan Africanism, we are extending a heartfelt invitation to all Africans across the continent and in the diaspora—this is your time to come home, invest, and build legacies in Tanzania, the land of peace, natural wealth, breathtaking beauty, and untapped opportunities.

​Tanzania presents a wealth of investment opportunities across various sectors, supported by comprehensive insights, research, and market trend analyses. To assist potential investors, here is a detailed overview of key sectors, regional investment locations, and resources available to facilitate informed decision-making.​

Sectors Ripe for Investment in Tanzania

With your skills, your ideas, and your passion—you can thrive here. We’ll help you get started in any of these powerful and profitable sectors: Tanzania's diverse economy presents a multitude of investment opportunities across various sectors. Below is an expanded overview of key industries, incorporating detailed statistics and insights to guide potential investors:​

Mining & Minerals

Tanzania is endowed with substantial mineral resources, notably gold, copper, gemstones, and coal. The mining sector has been a significant contributor to the national economy:​

• Gold Production: Tanzania ranks as the fourth-largest gold producer in Africa, following South Africa, Ghana, and Sudan.

• Economic Contribution: In the 2023/2024 financial year, the mining sector contributed approximately TZS 6.4 trillion, reflecting rapid growth driven by enhanced revenue collection and an improved investment environment. 

• Investment Climate: The Tanzanian government actively seeks to attract both local and foreign investment in the mining sector. In 2023, Tanzanian companies sold goods and services worth USD 1.48 billion to mines, accounting for 90% of all sales made to mines. ​

Agriculture & Agribusiness

Agriculture remains the backbone of Tanzania's economy, providing employment to a majority of the population:​

• GDP Contribution: Agriculture accounts for approximately 28% of Tanzania's GDP. ​

• Value Addition: In 2023, agriculture contributed roughly TZS 33.3 trillion (around USD 13.13 billion) to Tanzania's Gross Domestic Product. 

• Growth Trends: The sector has seen substantial growth, with GDP from agriculture surging to TZS 10.8 trillion in the fourth quarter of 2023, up from TZS 6.6 trillion in the previous quarter. ​

Fishing & Blue Economy

Tanzania's extensive water bodies offer significant potential for the fishing industry:​

• Production Levels: Current fish production is around 376,000 metric tons annually, with approximately 97% sourced from small-scale fisheries. 

• Economic Impact: In the 2023-2024 fiscal year up to April 2024, total fish output was valued at TZS 516 billion (USD 196 million), marking a 40% increase compared to the same period in the previous fiscal year. ​

• Aquaculture Potential: Despite its vast potential, aquaculture remains largely untapped, producing an additional 10,317 tons, including seaweed. ​

Tourism & Hospitality

Tanzania's rich natural and cultural heritage makes it a prime destination for tourists:​

• Tourist Arrivals: In 2023, international visitor arrivals increased by 24.3% to 1,808,205, up from 1,454,920 in 2022. ​

• Revenue Generation: Tourism receipts reached a record-high USD 3.37 billion in 2023, compared to USD 2.53 billion in 2022.

• GDP Contribution: The sector contributed 17.2% to GDP in 2024, up from 16.4% in 2023, supporting over 1.5 million jobs. 

Finance & FinTech

The financial technology sector in Tanzania is experiencing rapid growth, driven by increasing digital adoption:​

• Market Potential: The fintech market in Tanzania is projected to reach USD 200 billion, encompassing both consumer-led and business-led segments. 

• Digital Payments: Total transaction value in the Digital Payments market is projected to reach USD 7.27 billion by 2025. ​

• Alternative Lending: The alternative lending market is on track for robust growth, with a projected annual increase of 44.9%, reaching an anticipated USD 390.1 million in 2023. ​

Real Estate & Construction

Rapid urbanization and economic growth are fueling demand in the real estate sector:​

• Market Value: The real estate market in Tanzania is expected to reach a value of USD 745.46 billion by 2025, with the residential segment dominating. 

• Residential Real Estate: The residential real estate market is projected to reach USD 683.25 billion in 2025, with an annual growth rate of 2.91% from 2025 to 2029. 

• Market Trends: The average time to sell a house in Tanzania has decreased to 3-5 months in 2024, down from 6 months in 2023, indicating a more dynamic market. 

Manufacturing & Industrialization

Tanzania's strategic location positions it as a hub for manufacturing targeting regional markets:​

• Sector Growth: The manufacturing sector experienced a 7.6% rise, with notable production surges in tobacco products (up 56.9%), rubber and plastics (up 27.8%), and pharmaceuticals (up 10.2%). 

• GDP Contribution: Manufacturing's share of GDP has remained below 10% for the past 30 years

Key Investment Sectors and Regional Opportunities

Mining & Minerals

Overview: Tanzania is endowed with substantial mineral resources, including gold, copper, gemstones, and coal. The mining sector has been a significant contributor to the national economy.​

Regional Opportunities:

• Geita Region: Predominantly known for gold mining, hosting one of the largest gold mines in the country.​

• Shinyanga Region: Rich in diamond deposits, notably the Williamson Diamond Mine.​

• Mbeya and Songwe Regions: Potential for coal and other minerals exploration.​

Investment Insights:

• FDI Inflows: In 2022, Tanzania attracted USD 1.44 billion in Foreign Direct Investment (FDI), a 20.8% increase from the previous year, indicating a favorable investment climate. ​Bot Tanzania

• Government Initiatives: The government offers various incentives, including tax breaks and expedited licensing processes, to attract mining investments.​

Agriculture & Agribusiness

Overview: Agriculture remains the backbone of Tanzania's economy, employing a significant portion of the population and contributing approximately 28% to the GDP.​

Regional Opportunities:

• Southern Highlands (Mbeya, Iringa, Ruvuma): Ideal for cultivating crops like maize, beans, and tea.​

• Lake Zone (Mwanza, Kagera): Suitable for coffee and cotton farming.​

• Coastal Regions (Tanga, Pwani): Opportunities in coconut and cashew nut production.​The Sun+6UNDP+6Reuters+6

Investment Insights:

• Irrigation Potential: With only 280,000 hectares under irrigation out of a potential 29 million hectares, there is substantial room for investment in irrigation infrastructure. ​Tanzania Investment Centre

• Value Addition: Investing in agro-processing can enhance value chains and reduce post-harvest losses.​

Fishing & Blue Economy

Overview: Tanzania's extensive coastline along the Indian Ocean and numerous inland water bodies offer vast potential for the fishing industry.​

Regional Opportunities:

• Coastal Regions (Dar es Salaam, Tanga, Mtwara): Opportunities in deep-sea fishing and seafood processing.​

• Lake Victoria Zone (Mwanza, Mara): Freshwater fishing and aquaculture ventures.​

Investment Insights:

• Production Levels: Current fish production is around 376,000 metric tons annually, with significant potential for growth through sustainable practices. ​

• Aquaculture Development: Investing in fish farming can help meet domestic demand and export markets.​

Tourism & Hospitality

Overview: Tanzania is renowned for its rich natural and cultural heritage, making it a prime destination for tourists.​

Regional Opportunities:

• Northern Circuit (Arusha, Kilimanjaro): Famous for wildlife safaris and Mount Kilimanjaro treks.​

• Coastal and Island Regions (Zanzibar, Dar es Salaam): Beach tourism and historical sites.​

• Southern Circuit (Selous, Ruaha): Emerging safari destinations with less tourist congestion.​

Investment Insights:

• Tourist Arrivals: In 2023, international visitor arrivals increased by 24.3% to 1,808,205, indicating a robust recovery and growth in the tourism sector. ​

• Revenue Generation: Tourism receipts reached a record-high USD 3.37 billion in 2023, reflecting the sector's profitability. ​

Real Estate & Construction

Overview: Rapid urbanization and economic growth are driving demand in the real estate sector.​

Regional Opportunities:

• Dar es Salaam: High demand for residential and commercial properties due to its status as the commercial capital.​

• Dodoma: As the political capital, there's a growing need for government offices and housing.​

• Arusha and Mwanza: Emerging urban centers with increasing real estate developments.​

Investment Insights:

• Market Growth: The real estate market in Tanzania is expected to reach a value of USD 745.46 billion by 2025, with the residential segment dominating. ​

• Urban Housing Demand: With a population growth rate of 3%, urban areas are experiencing increased demand for housing and commercial spaces.​

Resources for Investors

To facilitate informed investment decisions, several resources are available:

• Tanzania Investment Centre (TIC): As the primary government agency responsible for investment promotion, TIC offers comprehensive services, including investment guides, sector profiles, and assistance with permits and licenses. ​

• TIC Investment Guide: Provides detailed information on investment opportunities, legal frameworks, and incentives across various sectors. ​

• Regional Investment Guides: Specific guides, such as the Tanga Region Investment Guide, offer insights into opportunities and resources available in particular regions. ​

• Quarterly Investment Bulletins: Published by TIC, these bulletins provide updates on investment trends, newly registered projects, and sectoral analyses. 

A Tribute to Visionaries: Banjure and Snait

This initiative is inspired by the unwavering passion and commitment of Brother Banjure from Kenya and his wife, Sister Snait from Eritrea. After residing in Canada, they have returned to Africa with a mission to uplift and empower our communities. Their dedication serves as a beacon for all Africans to unite and invest in our collective future.​

We believe in brotherhood and sisterhood—not just in words, but in action. At Zatra Consultants, we are offering FREE company registration and full business setup guidance to African brothers and sisters from the diaspora or any African country who wish to start their journey in Tanzania.

This isn’t just a business offer—this is a movement, built on the purest intentions to reconnect, rebuild, and restore the economic foundation of Africa, by Africans and for Africans.

WHY WORK WITH US?

We are more than consultants—we are family.At Zatra Consultants, we:

✅ Offer FREE company registration for African diaspora and continental brothers and sisters

✅ Handle TIN, Tax Clearance, Licenses, Permits, Work Permits & more

✅ Provide local support, business advisory, and investment matchmaking

✅ Connect you with the right partners, suppliers, and government agencies

✅ Share knowledge about compliance, incentives, land ownership, and banking

In the spirit of Pan-African unity and empowerment, we are honored to extend a heartfelt invitation to our brothers and sisters across the continent and in the diaspora: Come home to Tanzania. Let us build, invest, and flourish together in this land of abundant opportunities and breathtaking beauty.​

Our Services Include:

• Company Registration and Setup: From preparing and filing documents to securing necessary business licenses, we ensure a smooth setup for your new or expanding business. ​Zatra Consultants

• Investor-Ready Business Plans and Proposals: We develop comprehensive, persuasive business plans and proposals designed to attract investors and secure funding, showcasing your business vision and growth potential. ​Zatra Consultants

• TIC, EPZ, and SEZ Incentives Applications: We streamline the process of securing tax breaks of up to 10 years, import duty exemptions, and other financial incentives through the Tanzania Investment Centre (TIC), Export Processing Zones Authority (EPZA), and Special Economic Zones (SEZ). ​Zatra Consultants

• Work and Residence Permits: We assist in obtaining Class A, B, and C work permits and corresponding residence permits for foreign investors, professionals, and staff. ​Zatra Consultants

• Tax Compliance and Accounting Solutions: Our team provides tailored tax compliance and accounting services, ensuring your business adheres to Tanzanian regulations. ​Zatra Consultants

• Sector-Specific Licensing: We facilitate obtaining legal licenses for sectors such as real estate, travel and tourism, and agency operations to operate legally in Tanzania. ​Zatra Consultants

🛬 WHY TANZANIA?

• 🌴 Peaceful & stable environment

• 🏞️ Untouched natural resources

• 📈 Fast-growing economy

·      👩🏾‍🤝‍👨🏿Friendly people & African pride

• 🌍 Strategic location for regional trade

• 💵 Zero minimum capital for most businesses

• 🗺️ Swahili and English-speaking nation

🧭 HOW TO GET STARTED?

📞 Call/WhatsApp: +255 747 912 965📧 Email: sales@zatra.co📍 Office: Sinza A, Sam Nujoma Road, First Floor, Mwenge Tower, Opposite Mlimani City Shopping Mall, Dar es Salaam, Tanzania

THIS IS A MISSION, NOT A TRANSACTION.

Come home. Build. Empower. Grow.

Together, we can rewrite the African story—one business at a time.

NOTE: ​This offer expires in April 30, 2025.