Tanzania is taking the lead in shaping East Africa’s economic future, Minister of State in the President’s Office for Planning and Investment, Prof. Kitila Mkumbo (Mb.), told investors and policymakers at the East Africa Prospects 2026 conference in London.
The forum, organized by the Eastern Africa Association (EAA) with FTI Consulting, brought together ambassadors, investors, and business leaders to examine opportunities across the region.
“Regional integration is more than a policy goal. It drives growth, industrial development, and shared prosperity,” Minister Mkumbo said.
He highlighted Tanzania’s flagship infrastructure projects as examples of actionable collaboration. The Standard Gauge Railway (SGR) now connects the Port of Dar es Salaam to markets across the Great Lakes region, while the East African Crude Oil Pipeline (EACOP) opens inland oil fields to global markets.
“These projects reduce transport costs, generate jobs, and attract long-term investment. When countries collaborate, the impact multiplies for citizens, businesses, and governments alike,” he added.
Minister Mkumbo also stressed Tanzania’s commitment to political stability and predictable policies.
“We welcome partners who bring capital, technology, and a shared commitment to creating sustainable value. Our goal is to transform regional opportunities into concrete results that improve lives,” he said.
The forum highlighted how integrated infrastructure, energy, and transport networks can unlock East Africa’s economic potential.
Analysts noted that investors increasingly view the region as a single interconnected market rather than isolated countries.
Minister Mkumbo reinforced this point: “East African integration must translate into projects that deliver real economic and social impact. Collaboration is the key to turning opportunities into results.”
The Minister’s address signaled Tanzania’s strategic vision: using regional projects to drive both national growth and cross-border transformation.
By actively investing in infrastructure, energy, and transport, Tanzania is positioning itself as a stable, reliable partner for long-term investment.
“East Africa holds immense potential. The countries that work together will unlock trade, create industries, and expand employment,” he said, calling on regional governments to strengthen collaboration.
The East Africa Prospects 2026 conference underlined a clear message: the region is open for investment, and Tanzania is leading the charge in turning integration from policy into practice.