Tanzania ranks 4th in Africa for mining investment

DAILY NEWS Reporter

DAR ES SALAAM: TANZANIA has strengthened its profile as a competitive destination for mining investment after placing 34th out of ...

68 jurisdictions worldwide in the Fraser Institute’s Annual Survey of Mining Companies 2025, a widely referenced benchmark used by global investors to assess where to deploy exploration capital.

In the African context, Tanzania ranked 4th on the survey’s Investment Attractiveness Index, following Botswana (7th globally), Morocco (15th) and Zambia (25th), a performance that underscores the country’s growing standing in an increasingly competitive market for mining finance and exploration activity.

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 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.

Tanzania performed strongly on mineral potential, ranking 15th globally with a score of 75.00, highlighting the country’s considerable endowment and exploration promise.

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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 erm planning and project development.

To put the survey in context, 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 US dollars 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.