Promotion of Zanzibar as an Investment Destination in Tourism and Blue Economy
Latest Tanzania economy news · Promotion of Zanzibar as an Investment Destination in T… explained · updated Aug 17, 2026 · economy news · GDP · investment
TLDR
- Zanzibar's President, Dr. Hussein Ali Mwinyi, has directed the new Tanzanian Ambassador to Malaysia, Major General Mbaraka Naziad Mkeremy, to enhance economic diplomacy.
- The directive was issued on August 17, 2026, during a meeting at State House in Zanzibar.
- Dr. Mwinyi emphasized the need to promote Zanzibar as an attractive investment destination, particularly in tourism and the Blue Economy.
- Key sectors for investment include hotels, accommodation, fisheries, and oil and gas.
- The President highlighted the importance of identifying new markets for Zanzibar's products and services and strengthening business links between Tanzania and Malaysia.