Tanzania is stepping into the spotlight as one of Africa’s fast-growing economies and a promising destination for investment.
The message was strongly delivered at the Africa CEO Forum, one of the continent’s most important business leadership events.
The two-day forum, which began on Monday, May 12, 2025, brought together more than 2,000 investors and business executives from around the world.
For Tanzania, it was a chance to showcase its progress, share its economic transformation journey, and highlight its push for strong public-private partnerships.
Prime Minister Kassim Majaliwa led the Tanzanian delegation, joined by top government officials, including Treasury Registrar Nehemiah Mchechu, who spoke about Tanzania’s drive to welcome more investors—both local and foreign—through ongoing economic reforms.
“This forum is a great opportunity. With over 2,000 investors here, we can attract interest and show the world what Tanzania has to offer,” Mchechu said.
He explained that Tanzania’s participation at the forum is built on strategic diplomacy and strong economic policies which have created a solid base for attracting investment.
“Many countries are competing for space in the global economy. Tanzania now has an edge, thanks to the strong leadership and reforms we’ve made," he added.
Tanzania used the forum as a platform to promote investment in key sectors including logistics, mining, agriculture, and finance.
Officials emphasized that the country’s presence in such events helps keep it at the center of Africa’s development conversations.
“We want the world to know Tanzania—not just as a peaceful country, but as a place full of talent, opportunity, and a welcoming business climate,” said Mr. Mchechu.
One of the main topics at the forum was how governments and businesses can work better together. On this point, Tanzania had good examples to share.
Prime Minister Majaliwa spoke about partnerships with local institutions like the Tanzania Private Sector Foundation (TPSF) and the Confederation of Tanzania Industries (CTI). These partnerships, he said, are opening more doors for investment.
“Tanzania is open for private investment—both from within the country and beyond,” said the Prime Minister. “This is helping us grow the economy and increase revenues, which support better social services.”
Tanzania’s role at the Africa CEO Forum aligns with its bigger goals: building a strong, inclusive economy that competes both in Africa and globally. The focus is on innovation, partnerships, and attracting more investment.
This year’s forum is held under the theme “Can a New Deal Between State and Private Sector Deliver the Continent a Winning Hand?” It focuses on improving governance, finding new policy ideas, and offering real solutions to Africa’s economic challenges.
The event is organized by the Jeune Afrique Media Group and the International Finance Corporation (IFC), a member of the World Bank Group.
Prime Minister Majaliwa is among several African leaders attending. Others include President Alassane Ouattara of Côte d’Ivoire, President Paul Kagame of Rwanda, and Guinea’s Prime Minister Amadou Oury Bah.
During the forum, Mr. Majaliwa took part in discussions on infrastructure, regional trade, and investment promotion. Other key topics included the African Continental Free Trade Area (AfCFTA), energy security, digital growth, and how to attract private capital to meet development needs.
Since its launch in 2012, the Africa CEO Forum has created space for meaningful partnerships between governments and businesses. Its goal is to help African economies grow stronger and compete globally.