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The East African Development Brief

Date of Release: May 4, 2026

Tanzania and Turkey have formally signed an agreement to eliminate double taxation and prevent tax evasion on income, a move expected to catalyze bilateral trade. The agreement was exchanged between Tanzania’s Minister for Finance, Ambassador Khamis Mussa Omar, and the Turkish Ambassador, Dr. Bekir Gezer, in Dar es Salaam. From a professional supply chain standpoint, this fiscal instrument is essential for reducing the overall cost of doing business and attracting Turkish investment into Tanzania's strategic infrastructure. The treaty provides a more transparent and predictable tax environment for multinational corporations operating in both jurisdictions. This development follows Tanzania's broader strategy to position itself as a premier investment hub in Africa, as recently articulated at international forums. By mitigating fiscal risks, the government aims to encourage technology transfer and enhance the efficiency of local manufacturing sectors. This agreement is a key pillar in Tanzania's drive toward its Vision 2050 goals of inclusive and sustainable economic growth.

Source: Ministry of Finance, United Republic of Tanzania

Tanzania and Turkey Sign Landmark Double Taxation Agreement

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