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The Tanzania Investment and Special Economic Zones Authority (TISEZA) and the American Chamber of Commerce in Tanzania (AmCham Tanzania) signed a landmark commercial agreement on February 26, 2026 at TISEZA headquarters in Dar es Salaam.
The partnership aims to strengthen trade and investment ties between Tanzania and the United States while expanding opportunities for private sector growth in both countries.
TISEZA Chief Executive Officer Gilead Teri said the United States remains a key development partner for Tanzania, with total U.S. foreign direct investment (FDI) stock estimated at USD 5 billion.
“The U.S. economy thrives on a strong private sector and robust capital. Our goal is to double this level of investment in Tanzania by 2030,” Teri said.
He added that TISEZA has been pursuing strategic trade discussions that deliver tangible benefits for both sides.
“We call on Tanzanians with viable business ideas, well-prepared investment plans, and projects backed by feasibility studies to seize opportunities through this partnership,” Teri urged.
AmCham Tanzania Chairman Geofrey Mchangila highlighted the chamber’s role in promoting investment across sectors including mining, energy, healthcare, and agriculture.
He said the agreement formalizes a joint responsibility to monitor progress and ensure that investment objectives are met while broadening the pool of U.S. investors in Tanzania.
Mchangila also linked the partnership to Tanzania’s National Development Vision 2050, noting its ambition to raise the country’s per capita income to an average of USD 7,000.
“This collaboration is not just about investment; it is about building sustainable growth that aligns with our long-term national goals,” he said.
The agreement marks a significant step in reinforcing Tanzania’s position as an investment destination and reflects the government’s continued focus on leveraging public-private partnerships to drive economic development.
