Tanzania is seeking to attract more investment and strengthen private sector participation in economic development through its engagement with Commonwealth countries, as the government steps up efforts to advance economic diplomacy under Development Vision 2050.
Foreign Affairs and East African Cooperation Minister Mahmoud Thabit Kombo represented President Samia Suluhu Hassan at a meeting of Commonwealth leaders and business executives held on November 2, 2026, in Antigua and Barbuda.
The meeting brought together leaders from member states and senior business executives to explore investment opportunities, strengthen economic resilience and identify ways of expanding employment opportunities across the Commonwealth.
Discussions centred on infrastructure, renewable energy, agriculture and climate change adaptation, with participants highlighting the need for stronger partnerships between governments and the private sector to accelerate economic growth.
The meeting also underscored the importance of creating an enabling environment for private investment, particularly in strategic sectors that can support industrial development, improve productivity and generate jobs.
For Tanzania, the engagement provides an opportunity to promote its investment potential, strengthen economic ties with Commonwealth partners and mobilise private capital to support national development priorities.
On the sidelines of the meeting, Mr Kombo held discussions with King Charles III, British Prime Minister Andy Burnham, Antigua and Barbuda Prime Minister Gaston Browne and the country's Governor-General, Sir Rodney Williams.
The discussions formed part of Tanzania's broader diplomatic engagement aimed at strengthening bilateral relations and opening up opportunities for cooperation with other countries.
Tanzania's participation also reflects the government's emphasis on economic diplomacy as a tool for attracting investment, expanding trade and fostering partnerships that deliver tangible economic benefits.
The approach is in line with Development Vision 2050, which places the private sector at the centre of the country's long-term economic transformation agenda.
As Tanzania pursues its development ambitions, stronger engagement with Commonwealth countries could provide opportunities to attract capital, access expertise and build partnerships in sectors critical to economic growth and job creation.