Ryzon Materials signed a nonbinding heads-of-agreement with Yintai Xinhai Mining to develop an engineering, procurement, and construction management (EPCM) plan for the Nachu graphite project in Tanzania. Xinhai will provide costing for an 80,000-ton-per-year plant this quarter and deliver a full EPCM proposal in the second quarter. The companies aim to improve project efficiency, reduce risk, and secure financing, with approximately 80% of funding expected to come from debt from Chinese partners.

China and Tanzania agreed to deepen cooperation and revitalize the Tanzania–Zambia Railway during talks between Foreign Minister Wang Yi and President Samia Suluhu Hassan in Dar es Salaam. Both sides said the railway should drive regional growth and support a development corridor. Wang reaffirmed China’s support for Tanzania’s sovereignty and governance, while Hassan pledged alignment with China’s development plans and adherence to the one-China principle.

Tanzania’s glucose syrup market is projected to grow at a CAGR of 11.2% from 2025 to 2031, driven by the food, beverage, pharmaceutical, and manufacturing sectors. The Tanzania Agricultural Development Bank provides loans to agro-processing units to support expansion. Producers mainly use corn-derived and solid glucose syrup, while confectionery is the largest application. Rising urbanization, government policies, and higher domestic demand are boosting local production, reducing imports, and creating investment opportunities across industries.

Tanzania won three major international tourism awards at the 2025 World Travel Awards, reaffirming its status as a global destination. President Samia Suluhu Hassan received the accolades, including World’s Leading Safari Destination, World’s Leading National Park for Serengeti, and Africa’s Leading Destination. Zanzibar was also named Africa’s Best Corporate Retreat Destination. The country earned 45 additional awards at the Africa level, highlighting diverse tourism offerings and sustained conservation efforts.

The World Bank placed Tanzania in its highest GovTech maturity bracket, citing nationwide digital systems for payments, procurement, staffing, and citizen engagement. The assessment lists Tanzania in Group A of the 2025 GovTech Maturity Index alongside regional peers. Separately, the central bank projected strong 2026 growth, forecasting a 6% expansion in mainland Tanzania and 7.2% in Zanzibar, supported by low inflation and growth in key sectors.

The Tanzanian government is advancing efforts to develop the country’s hotel sector, targeting both long-dormant and ongoing projects. Officials plan to revive the Musoma Tourist Hotel, idle for over 25 years, with refurbishment expected to begin in June after securing an investor. In Mwanza, the National Social Security Fund’s five-star hotel is 83% complete, with authorities directing contractors to finish on schedule. These initiatives aim to boost investment, create jobs, and increase tourism revenue.