The Tanzania Chamber of Commerce, Industry, and Agriculture (TCCIA) continues to play a pivotal role in enhancing international trade and diplomatic relations to foster economic growth. Through strategic engagements with global partners, TCCIA is creating new opportunities for Tanzanian businesses to expand their reach and attract investment.
Strengthening Business Relations with Oman
In an effort to deepen trade and investment ties, TCCIA engaged in high-level discussions with a delegation from Oman led by Hon. Al Sayyid Barghash Turki Al Said, Chairman of the Organizing Committee for the East African Trade and Investment Expo (EATIX). These discussions focused on Tanzania’s participation in the upcoming trade and investment expo in Oman, offering Tanzanian businesses a gateway to new markets.
Beyond trade, the meeting underscored the historical, diplomatic, and cultural ties between Tanzania and Oman, exploring avenues to enhance economic cooperation for mutual benefit. This initiative is part of TCCIA’s broader agenda to connect its members with international markets and investors.
Expanding Collaboration with Italy
TCCIA leadership, led by its President, Mr. Vicent Minja, and CEO, Mr. Oscar Kissanga, engaged with the Italian Ambassador to Tanzania, H.E. Giuseppe Sean Coppola. The discussions centered on strengthening trade relations and preparing for the Fourth Italy-Tanzania Business Forum. The forum, set to take place in Dar es Salaam, aims to facilitate business partnerships between Italian and Tanzanian enterprises.
During the meeting, Ambassador Coppola emphasized the significance of Italy-Tanzania collaboration in fostering economic development. TCCIA reaffirmed its commitment to ensuring robust participation in the forum, positioning Tanzanian businesses to explore trade, investment, and technology transfer opportunities.
Showcasing Tanzania’s Energy Potential
TCCIA also played a prominent role in the Power & Elec Tanzania 2025 exhibition, with CEO Oscar Kissanga officiating the opening ceremony. In his address, Mr. Kissanga highlighted Tanzania’s growing energy sector and its potential to attract significant foreign investments. He underscored the country’s strategic position as an energy hub in East and Central Africa, emphasizing opportunities in renewable energy, solar, wind, and hydropower.
TCCIA is actively supporting initiatives that align with Tanzania’s economic development strategies, such as the M300 goals for energy infrastructure enhancement. The chamber remains dedicated to facilitating investment in the energy sector to drive industrialization and economic growth.
Strengthening Trade Ties with Saudi Arabia
In a landmark achievement, TCCIA signed a Memorandum of Understanding (MoU) with the Federation of Saudi Chambers of Commerce, paving the way for increased trade and investment cooperation between Tanzania and Saudi Arabia. This agreement marks a significant step in expanding market access for Tanzanian goods and fostering bilateral trade relations.
TCCIA President, Mr. Vicent Minja, noted that the MoU would establish a joint committee to explore further business opportunities and facilitate Tanzanian exports to Saudi Arabia. The agreement is expected to enhance business-to-business interactions, streamline market information exchange, and organize trade exhibitions to boost economic collaboration.
TCCIA’s Vision for Trade and Investment Growth
As Tanzania continues to position itself as a key player in regional and global trade, TCCIA remains at the forefront of initiatives that enhance business engagement, attract foreign investments, and create a conducive environment for trade. Through strategic partnerships with international stakeholders, TCCIA is ensuring that Tanzanian businesses gain access to global markets, driving sustainable economic development.
With a commitment to trade facilitation and economic diplomacy, TCCIA is dedicated to creating valuable opportunities for its members, fostering economic prosperity, and strengthening Tanzania’s presence on the global trade map.
