Tanzania seeks expanded trade and investment ties with Sweden, Ambassador says

What you need to know:

  • The ambassador provided an overview of Swedish investment in Tanzania, noting that between 1997 and 2024, Tanzanian authorities registered 101 projects from Swedish companies valued at $313.04 million (approximately Sh790 billion), creating an estimated 3,877 jobs across agriculture, construction, energy, services, natural resources, financial institutions, communication, tourism, manufacturing, and human resources.

Stockholm. The Ambassador of the United Republic of Tanzania to the Kingdom of Sweden, Mr Mobhare Matinyi, has highlighted opportunities for trade and investment expansion between the two countries during talks with the Swedish Minister for Foreign Affairs, Ms Maria Malmer Stenergard, on Friday, August 22, 2025.

Mr Matinyi conveyed President Samia’s greetings to the government and people of Sweden and emphasised Tanzania’s commitment to deepening bilateral economic relations.

He outlined the Tanzanian government’s efforts to strengthen key sectors including energy, education, health, research, manufacturing, the environment, and infrastructure, notably the Standard Gauge Railway (SGR).

The ambassador provided an overview of Swedish investment in Tanzania, noting that between 1997 and 2024, Tanzanian authorities registered 101 projects from Swedish companies valued at $313.04 million (approximately Sh790 billion), creating an estimated 3,877 jobs across agriculture, construction, energy, services, natural resources, financial institutions, communication, tourism, manufacturing, and human resources.

“Trade cooperation between Tanzania and Sweden remains promising,” Mr Matinyi said. “In 2023, Tanzania exported goods worth Sh12.4 billion, primarily coffee, decorative cut flower buds, fish fillet, unprocessed tobacco, iron and steel products, fruits and nuts, wooden ornaments, cocoa beans, and furniture.”

He added that Tanzania imported higher-value goods from Sweden worth Sh209.8 billion, including electronic equipment, machinery, fertilizers, cutlery, paper products, plastics, pharmaceuticals, beverages, aluminium products, and other industrial and chemical products.

Mr Matinyi pledged to encourage Tanzanian exporters to increase shipments of tea, coffee, avocados, other fruits, cut flower buds, gemstones, and wood products to Sweden.

He also highlighted potential for boosting tourism, noting that approximately 20,000 Swedish visitors travel to Tanzania annually. In addition, he expressed plans to support artisanal and small-scale miners in acquiring high-quality mining equipment from Sweden.

Ms Stenergard assured continued cooperation in trade and investment, complementing existing development partnerships.

She commended the 62-year history of robust relations between the two countries and expressed optimism about Tanzania’s ongoing contributions to international peace efforts, including diplomatic engagement in conflicts such as the war in Ukraine.