Tanzania Ranks 4th in Africa for Mining Investment

Posted on : Wednesday , 1st April 2026

According to the Fraser Institute's Annual Survey of Mining Companies 2025, Tanzania's reputation as a top location for foreign mining investments has greatly improved. The Investment Attractiveness Index (IAI), a comprehensive criterion used by investors to decide where to allocate exploration capital, ranked Tanzania 34th out of 68 jurisdictions worldwide in the 2025 global rankings. Tanzania's overall score improved steadily from 62.75 in 2024 and 46.38 in 2023 to 68.04 in 2025. This weighted formula, which weighs a nation's natural riches against its government's business climate, determines Tanzania's total score. The policy framework is given a 40% weight and the mineral potential a 60% weight. The greatest Practices Mineral Potential Index, which gauges the nation's pure geological attraction as though it had the greatest laws in the world, is the first step in the computation. With a score of 75.00, Tanzania ranks 15th out of 68 jurisdictions worldwide, indicating that its natural mineral wealth is among the greatest on the globe. Tanzania is an elite global performer in this category. The Policy Perception Index (PPI), which serves as a report card on the government's taxation, legal system, and political stability, is the second component.

The Policy Perception Index (PPI), which serves as a report card on the government's taxation, legal system, and political stability, is the second component. Tanzania's policy score of 57.61 is higher than the previous year's score of 55.41, but it still places much lower in this category—48th internationally. Tanzania has established itself as the fourth most desirable location for mining investment in the African area, behind only Botswana (7th internationally), Morocco (15th), and Zambia (25th). In the 2025 rankings, Tanzania surpassed a number of established mining giants, including Ghana (53rd), South Africa (57th), Namibia (51st), and the Democratic Republic of the Congo (50th). Tanzania has improved from 67th out of 84 jurisdictions in 2021 to 34th out of 68 today, according to the analysis, which provides the complete backdrop of the reversal. The mining industry, academia, and media utilise the Fraser Institute's yearly survey as a fundamental benchmark to assess the risks and benefits of investing in various international jurisdictions. A total of US$4.2 billion in exploratory spending was reported by 2,304 senior executives from exploration and development companies worldwide who participated in the 2025 survey.