Tanzania, UAE deepen investment ties

By Correspondent Benny Mwaipaja

Tanzania and the United Arab Emirates (UAE) have reaffirmed their commitment to strengthening economic cooperation, with both countries seeking to unlock new opportunities in trade, investment, infrastructure, energy and technology.

The renewed commitment emerged during a meeting between Tanzania’s Minister for Finance, Ambassador Khamis Mussa Omar, and the UAE Ambassador to Tanzania, Khalifa Abdulrahman Al Marzouqi, held in Dar es Salaam.

The discussions highlighted the growing strategic importance of the Tanzania-UAE relationship, which has evolved into one of East Africa’s most significant economic partnerships, driven by increasing trade volumes, infrastructure investments and business collaboration.

Speaking during the meeting, Ambassador Omar expressed Tanzania’s appreciation for the UAE’s continued support for the country’s development agenda through cooperation across key social and economic sectors.

He reiterated the government’s commitment to deepening bilateral relations, particularly in areas that are critical to Tanzania’s long-term economic transformation, including trade, investment, infrastructure development, energy and digital technology.

“The Government of Tanzania remains committed to strengthening cooperation with the UAE in sectors that can accelerate economic growth, create jobs and support sustainable development,” he said.

A growing economic partnership

Economic ties between Tanzania and the UAE have strengthened significantly in recent years, making the Gulf nation one of Tanzania’s most important investment and trading partners.

The UAE has emerged as a major destination for Tanzanian exports while serving as a key source of foreign direct investment, particularly in logistics, aviation, real estate, energy and port development.

One of the most notable milestones in the relationship has been increased cooperation in maritime infrastructure and logistics, sectors viewed as essential for positioning Tanzania as a regional trade and transport hub serving East and Central Africa.

The partnership aligns with Tanzania’s broader strategy of attracting foreign capital and expertise to support industrialisation, modernise infrastructure and enhance the country’s competitiveness in regional and global markets.

Investor confidence rising

For his part, Ambassador Al Marzouqi expressed satisfaction with the strong relations between the two countries and pledged to continue encouraging UAE investors to explore opportunities in Tanzania’s fast-growing economy.

He noted that Tanzania offers considerable investment potential across a range of sectors, including energy, agriculture, tourism, manufacturing, transport and technology.

The ambassador said greater private-sector engagement would generate mutual economic benefits for both countries while supporting Tanzania’s national development priorities.

Analysts view the UAE as a strategic partner for Tanzania because of its global investment networks, financial capacity and expertise in sectors that are central to Tanzania’s growth ambitions.

With Tanzania implementing reforms aimed at improving the business environment and attracting higher levels of foreign direct investment, stronger engagement with Gulf investors is expected to play an increasingly important role in financing large-scale development projects.

Looking ahead

As Tanzania pursues its Dira 2050 development agenda, government officials continue to position international partnerships as a key pillar of economic transformation.

The latest commitment by Tanzania and the UAE to deepen cooperation signals growing confidence in the country’s economic prospects and reinforces the importance of cross-border investment partnerships in driving sustainable growth. For businesses and investors, the message from both governments is clear: economic cooperation between Tanzania and the UAE is entering a new phase, with significant opportunities emerging across multiple sectors of the economy.