Africa-Press – Tanzania. The Embassy of Tanzania in Sweden, under the leadership of Mobhare Matinyi, hosted a high-level strategic meeting with Swedish business leaders and investors convened by the Sweden Africa Chamber of Commerce. The recent event brought together Tanzanian and Swedish stakeholders to explore business opportunities, investment incentives, and long-term trade partnerships between the two nations.
Taking the lead, Ambassador Matinyi led a delegation composed of Tanzanian embassy staff and representatives of key government institutions, demonstrating Tanzania’s commitment to expanding its international economic engagements. The meeting was held at the Tanzanian Embassy in Stockholm, with participation from several government institutions based in Dar es Salaam via video link, reflecting the growing role of technology in facilitating international business discussions.
The Swedish delegation was led by Ms. Åsa Jarskog, President of the Sweden Africa Chamber of Commerce, who welcomed the Tanzanian team and emphasized Sweden’s interest in enhancing investment collaborations with African markets, particularly Tanzania, given its political stability, economic growth, and diversified investment opportunities.
On the Tanzanian side, the meeting featured contributions from several important agencies and institutions. These included the Tanzania Investment and Special Economic Zones Authority (TISEZA), the Bank of Tanzania (BoT), the Tanzania Revenue Authority (TRA), and the Business Registration and Licensing Agency (BRELA). Additionally, leadership from the Tanzania Private Sector Foundation (TPSF) and the Tanzania National Chamber of Commerce (TNCC), along with their members, participated actively in the discussions, providing insights into the private sector’s perspective and opportunities for collaboration.
During the session, Ambassador Matinyi articulated Tanzania’s strategic direction in trade and investment, aligning closely with the country’s 2050 Development Vision. The ambassador highlighted the government’s commitment to maintaining political stability, fostering economic growth, and creating a business-friendly environment for investors. Drawing from the speeches of President Dr Samia Suluhu Hassan, Ambassador Matinyi reiterated the administration’s vision for sustainable development and long-term prosperity.
The speeches referenced by Ambassador Matinyi included the President’s remarks during the inauguration of the 13th Union Parliament on 14 November 2025, her address to members of the diplomatic corps at the New Year Sherry Party at Chamwino State House on 15 January 2026, and her statement at the World Government Summit (WGS) during the launch of the Global Africa Investment Forum (GAIS) in Dubai, UAE, on 5 February 2026. These addresses emphasized Tanzania’s determination to strengthen diplomatic and economic ties globally while promoting a conducive environment for foreign investment.
Ambassador Matinyi elaborated on the priority sectors driving investment in Tanzania. These include energy, manufacturing, agribusiness, forestry, the blue economy, the digital economy, tourism, critical minerals, infrastructure, and transportation. Highlighting Tanzania’s investment-friendly policies, the ambassador affirmed, “Tanzania has long been an investment magnet and remains open for even more investors.” His presentation outlined the various incentives the government has introduced to attract investors, including tax benefits, streamlined registration processes, and targeted support for high-growth sectors.
The discussion also underscored areas where Swedish companies have a competitive advantage and can contribute significantly to Tanzania’s development. Specifically, waste-to-energy solutions and medical technology were highlighted as sectors where Swedish expertise is leading globally and where partnerships with Tanzanian stakeholders could create mutually beneficial outcomes. Several Swedish companies expressed immediate interest in exploring these opportunities further, initiating preliminary talks with the embassy to establish inroads into these markets.
The meeting fostered dialogue between private and public sector representatives, focusing on actionable strategies to enhance bilateral trade. The participants explored ways to leverage Sweden’s technological innovations and Tanzania’s resource potential to create sustainable business ventures. Discussions emphasized long-term partnerships that could benefit both nations economically, socially, and environmentally.
By the end of the session, participants agreed on several forward-looking initiatives. Among these, the embassy, in collaboration with the Sweden Africa Chamber of Commerce and Qatar Airways, was tasked with organizing a trade and investment mission to Tanzania, tentatively scheduled for September or October 2026. This mission aims to provide Swedish businesses with firsthand experience of the Tanzanian market, an opportunity to meet local partners, and a detailed understanding of the investment incentives and regulatory framework that support business growth.
The strategic engagement in Stockholm reflects Tanzania’s broader effort to deepen economic diplomacy with global partners, promote foreign direct investment, and position itself as a key hub for commerce in East Africa. By fostering dialogue with Swedish investors, Tanzania aims to tap into European expertise, technology, and capital, aligning with its national development goals and long-term economic vision.
Ambassador Matinyi’s leadership during the meeting demonstrated Tanzania’s proactive approach to investment promotion and economic collaboration. The ambassador emphasized the importance of building trust, creating sustainable partnerships, and ensuring that Swedish investors are fully aware of the country’s economic potential. He reiterated the government’s commitment to creating a transparent, stable, and investor-friendly environment conducive to both domestic and foreign enterprises.
The session also offered an important platform for Tanzanian government institutions to present their mandates, explain regulatory frameworks, and answer investors’ queries. Agencies such as TISEZA, TRA, and BRELA showcased the simplified procedures for investment registration, licensing, and compliance, while BoT shared insights on Tanzania’s financial landscape, currency stability, and banking regulations. The private sector organizations TPSF and TNCC provided detailed overviews of industry trends, business opportunities, and sector-specific challenges, ensuring that investors had a holistic understanding of the market.
In summary, the meeting was a resounding success in enhancing Tanzania’s visibility as a premier investment destination. It highlighted the country’s strategic sectors, business incentives, and government support mechanisms while laying the groundwork for future engagements and partnerships with Swedish businesses. The collaboration between the embassy, government institutions, and the Sweden Africa Chamber of Commerce underscores Tanzania’s commitment to strengthening its international economic ties and attracting sustainable foreign investment.
As Tanzania continues to implement its 2050 Development Vision, engagements like the Stockholm meeting reinforce the country’s focus on economic diversification, industrialization, and regional integration. By attracting foreign expertise and capital, Tanzania is positioning itself as a competitive, resilient, and inclusive economy that welcomes investment and innovation across multiple sectors.
The forthcoming trade mission in September or October 2026 is expected to deepen these engagements, offering Swedish investors an immersive experience of Tanzania’s market dynamics, infrastructure developments, and investment incentives. It also represents a significant step in operationalizing the discussions initiated during the strategic meeting in Stockholm, translating dialogue into tangible business opportunities and sustainable partnerships.
Ultimately, Tanzania’s engagement with Swedish investors reflects a broader commitment to international cooperation, sustainable economic growth, and the pursuit of shared prosperity. The Stockholm meeting set the stage for an enduring relationship between Tanzanian and Swedish businesses, one characterized by innovation, collaboration, and mutual benefit, reinforcing Tanzania’s role as a leading investment destination in Africa.
