Tanzania has ranked 4th in Africa on Investment Attractiveness Index, following Botswana (7th globally), Morocco (15th) and Zambia (25th).
It’s a performance that underscores the country’s growing standing in an increasingly competitive market for mining finance and exploration activity, according to report by Fraser Institute Annual Survey of Mining Companies 2025.
The institute, in its report on Tuesday, revealed that the East African country ranked 34th out of 68 jurisdictions worldwide.
The survey shows Tanzania’s overall score rising to 68.04 in 2025, continuing an upward trend from 62.75 in 2024 and 46.38 in 2023.
The improvement reflects stronger international sentiment about Tanzania’s mining prospects and the direction of its investment climate, the report said.
The Fraser Institute’s index combines two key measures: the Best Practices Mineral Potential Index, which captures geological attractiveness under ideal conditions and the Policy Perception Index, which reflects investor views on the operating environment.
The survey also notes an improving policy perception score for Tanzania, which rose to 57.61 in 2025 from 55.41 the previous year, an indication, the report suggests, of continued progress in areas that investors consider important for long term planning and project development.
The Fraser Institute said its 2025 edition was distributed to 2,304 senior executives in mining and exploration, receiving 256 responses sufficient to evaluate 68 jurisdictions worldwide.
Participating companies reported a combined $4.2 billion in exploration spending in 2025, reinforcing the survey’s relevance as a pulse-check of global industry sentiment.
For Tanzania, the ranking adds momentum to the government’s broader drive to position mining as a key pillar of national economic transformation anchored on expanding exploration, strengthening institutional systems and promoting greater participation by Tanzanians across the mining value chain.
MG/as/APA