Tanzania opens government debt market to all overseas investors

Tanzania has relaxed its foreign exchange regulations to permit all international investors to purchase government-issued Treasury bills and bonds.

The Bank of Tanzania announced that the policy change aims to deepen domestic financial markets and position the country as an attractive investment destination.

Participation in government securities was previously restricted to residents of the East African Community, the Southern African Development Community, and the Tanzanian diaspora.

President Samia Suluhu Hassan’s administration is seeking fresh revenue options following recent reductions in aid from international partners.