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Tanzania Ranks 4th in Africa for Mining Investment: 2025 Fraser Institute Report

Fraser Institute Survey Ranks Tanzania 4th in Africa for mining investment attractiveness, highlighting strong geological potential and improving policy environment

Deborah Hans by Deborah Hans
March 12, 2026
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Tanzania Ranks 4th in Africa for Mining Investment: 2025 Fraser Institute Report
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Tanzania has officially solidified its position as a strategic destination for global mining industry. According to the Fraser Institute’s Annual Survey of Mining Companies 2025, Tanzania rank 4th among Africa’s most attractive mining jurisdictions while demonstrating strong geological potential. In the 2025 Tanzania ranked 34th out of 68 jurisdictions worldwide on the Investment Attractiveness Index (IAI). The country scored 68.04,  showing steady progress compared to 62.75 in 2024 and 46.38 in 2023. This trend reflects growth in Tanzania’s mining sector and its improving environment for investment.

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The survey evaluates jurisdictions using two key indicators: the Best Practices Mineral Potential Index, which measures natural mineral endowment assuming ideal regulations. Tanzania performs exceptionally well, ranking 15th out of 68 jurisdictions worldwide with a score of 75.00, The second indicator is the Policy Perception Index (PPI). This assesses factors such as taxation, regulatory quality, legal systems and political stability. In this category Tanzania ranks 48th globally.

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​The rise from a global rank of 67th out of 84 in 2021 to 34th put of 68 in 2025, signals a massive shift in investor trust and a growing interest in the country’s diverse mineral wealth. From the well known gold reserves, graphite, nickel and rare earth elements needed for the global energy transition, Tanzania has strong and diverse mineral resources.

​Key Drivers of Tanzania’s Mining Investment Growth

Key factors include strategic stability, reflected in improved dialogue between the government and major mining companies. Infrastructure development also plays a critical role, with ongoing investments in energy and transport that make remote mining sites more accessible. Economic diversification is another key driver, as the sector is gradually shifting from relying mainly on gold to developing other important minerals needed for modern technologies.

​ Implications for the future.

The Fraser Institute is a research organization that studies economic policies, natural resources and global investment conditions. This ranking is important because mining companies and investors use it as a trusted guide when deciding where to invest exploration and development capital. A higher ranking signals stable regulations, attractive mineral potential and a supportive investment environment. All this increases investor confidence and can attract more mining investment. Tanzania’s strong performance in Africa and the global mining rankings sends a powerful signal to international investors, positioning the country as an increasingly attractive hub for mineral exploration, project development and strategic partnerships in the rapidly expanding global mining sector.

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