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Home Investment Updates

Tanzania Calls on Diaspora to Boost Investment and National Development

Deborah Hans by Deborah Hans
March 12, 2026
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Tanzania Calls on Diaspora to Boost Investment and National Development
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LONDON: Palamagamba Kabudi, Tanzania’s Minister for Foreign Affairs and East African Cooperation, has called on Tanzanians living abroad to play a greater role in the country’s economic growth by investing their resources, knowledge and experience back home.

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Speaking during an engagement with members of the Tanzanian diaspora in London, the minister emphasized that Tanzanians living overseas hold significant potential to contribute to national development. According to him, diaspora communities possess valuable capital, professional skills and international exposure that can help accelerate Tanzania’s economic transformation.

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Prof Kabudi explained that diaspora investment is not limited to financial contributions alone. He noted that knowledge transfer, technological collaboration and professional partnerships are equally important in strengthening key sectors of the economy. He encouraged Tanzanians abroad to actively participate in development projects, purchase shares in investment initiatives and collaborate with local professionals in Tanzania.

The minister highlighted several sectors that could benefit greatly from diaspora participation, including health, education and technology. By working together with professionals and institutions within the country, diaspora investors can help introduce modern expertise, innovative ideas and improved services in these critical areas.

Speaking on behalf of the Tanzanian diaspora in London, Hassan Khamis thanked Prof Kabudi for taking time to meet Tanzanians living abroad. He noted that such engagements strengthen the relationship between the government and diaspora communities and encourage greater collaboration in national development initiatives.

The meeting also reflected Tanzania’s broader commitment to strengthening international cooperation and engagement with global institutions such as the Commonwealth Secretariat, as Tanzania shows commitment to democratic governance and national reconciliation, a move that carries significant weight for the country’s economic landscape. During the recent 72nd meeting of the Commonwealth Ministerial Action Group (CMAG) in London, Professor Palamagamba Kabudi reaffirmed the nation’s dedication to the Commonwealth Charter. This diplomatic engagement is a critical signal to the global and local investment community that Tanzania is prioritizing the stability required for long-term growth.

The government believes that stronger collaboration between the diaspora and domestic institutions will help unlock new investment opportunities, create jobs and promote long-term economic growth for the nation.

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