Dar es Salaam. The Tanzania Investment Centre (TIC) is intensifying efforts to position the country as a magnet for technology-driven investments following high-level talks held earlier today with the United Nations Technology Bank.
TIC Executive Director Mr Gilead Teri met with the Director of the UN Technology Bank, Mr Deodat Maharaj, for strategic discussions aimed at exploring collaboration opportunities to accelerate investment facilitation through cutting-edge technologies, particularly in support of developing countries like Tanzania.
Speaking after the meeting, Mr Teri welcomed the engagement, reaffirming TIC’s readiness to work hand-in-hand with the UN Technology Bank in promoting innovation as a key enabler of socio-economic transformation.
“Tanzania is embracing innovation as a catalyst for development and competitiveness. We are committed to leveraging global partnerships to ensure technology plays a central role in attracting sustainable and impactful investment,” Mr Teri said.
He underscored TIC’s ongoing reforms to improve the investment climate, noting that strategic use of technology can significantly enhance efficiency, transparency and investor confidence.
For his part, Mr Maharaj reiterated the UN Technology Bank’s commitment to supporting least developed countries (LDCs) like Tanzania by offering technical expertise, access to technology infrastructure, and implementation support for innovative projects.
“Our mission is to empower developing countries by bridging technological gaps and helping them integrate into the global knowledge economy. We see great potential in Tanzania and are ready to collaborate on initiatives that will create meaningful impact,” Mr Maharaj said.
The meeting signals a shared vision between TIC and the UN Technology Bank to harness innovation as a tool for inclusive growth and investment promotion. It also aligns with Tanzania’s ambition to position itself as a regional investment destination anchored in sustainable, tech-enabled solutions.
The engagement is expected to pave the way for joint initiatives, including capacity building, innovation financing, and deployment of smart technologies in key investment sectors.
