DAR ES SALAAM, TANZANIA: Tanzania has strengthened its position as a competitive destination for mining investment, ranking 34th out of 68 jurisdictions worldwide in the Annual Survey of Mining Companies 2025 released by the Fraser Institute.
The survey, widely used by global investors to guide exploration capital decisions, places Tanzania fourth in Africa on the Investment Attractiveness Index, behind Botswana (7th globally), Morocco (15th) and Zambia (25th).
The ranking highlights Tanzania’s growing standing in an increasingly competitive global market for mining finance and exploration activity.
According to the report, Tanzania’s overall score rose to 68.04 in 2025, continuing an upward trend from 62.75 in 2024 and 46.38 in 2023. The improvement reflects stronger international sentiment regarding the country’s mining potential and the direction of its investment environment.
The Fraser Institute’s index combines two indicators: the Best Practices Mineral Potential Index, which measures geological attractiveness under ideal regulatory conditions, and the Policy Perception Index, which captures investor views on the operating environment.
Tanzania performed particularly well on mineral potential, ranking 15th globally with a score of 75.00, highlighting the country’s substantial mineral endowment and exploration prospects.
The survey also recorded improvement in Tanzania’s policy perception score, which rose to 57.61 in 2025, up from 55.41 in 2024, signalling continued progress in areas investors consider critical for long-term planning and project development.
To compile the survey, the Fraser Institute said the 2025 questionnaire was distributed to 2,304 senior executives in the mining and exploration sector worldwide, with 256 responses used to evaluate 68 jurisdictions.
Participating companies reported a combined 4.2 billion US dollars in exploration spending in 2025, reinforcing the survey’s relevance as a barometer of global industry sentiment.
For Tanzania, the improved ranking supports the government’s broader strategy to position mining as a central pillar of economic transformation by expanding exploration, strengthening regulatory and institutional frameworks and increasing participation of Tanzanians across the mining value chain.
