We forecast the Tanzanian economy to grow by 5.6% in 2025, supported by robust performances in the construction, information and communication technology (ICT), finance, and tourism sectors. An upturn in external and internal investment is driving growth in these sectors. Notably, the government has earmarked funds in the 2024/25 Budget for the 2027 African Cup of Nations (Afcon), including constructing new stadiums and renovating existing ones. Key risks to our short-term outlook include a commodity price shock, a slump in FDI, and election-related violence.
Tanzania: Investment to lay the foundation for solid GDP growth