Tanzania garnered $1.2 billion (approximately Sh2.8 trillion) in investment through projects filed with the Tanzania Investment Centre (TIC) from January to March, compared to $787.4 million (Sh1.8 trillion) in 2022.
Tanzania increased investment by 52.4% in the first quarter of 2023 compared to the same period last year, owing to an improvement in the economic climate.
Domestic sources provided $887 million, 76% of the total approved investments. Foreign donors gave $276 million, or 24% of the total.
