While Tanzanian delegates engaged partners in Russia, parallel momentum was unfolding closer to home. The Institute of Chartered Accountants of India (ICAI) Tanzania Chapter hosted the historic first-ever ICAI regional conference for Africa in Dar es Salaam, highlighting the rapidly expanding economic bridge between India and Tanzania.
Bilateral trade between the two nations reached an impressive $9.02 billion in the 2025/26 financial year, establishing India as Tanzania’s second-largest trading partner. Furthermore, data from the Tanzania Investment and Special Economic Zones Authority (Tiseza) reveals that Indian investments in Tanzania totaled $4.74 billion in 2025 alone, positioning India among the country’s top five foreign investors.
Held under the theme “Africa–India Partnership: Unlocking Trade, Investment and Professional Opportunities,” the landmark event brought together corporate executives, regulators, and financial experts to examine cross-border collaboration in healthcare, mining, infrastructure, and hospitality.
“The conference provided a platform to connect Tanzanian and Indian businesses, investors, professional bodies, and regulators. We will measure success by the outcomes achieved after the event, including follow-up meetings, business connections, joint professional development programmes, and stronger collaboration.” Dharmendra K. Agrawal, Chairman, ICAI Dar es Salaam Chapter
Co-hosted alongside Tanzania’s National Board of Accountants and Auditors (NBAA) and the High Commission of India, the conference emphasized the critical role of financial professionals in navigating regulatory compliance, transfer pricing, and cross-border taxation. As these high-level dialogues translate into practical institutional partnerships, Tanzania continues to solidify its reputation as a preferred gateway for global trade and investment in East Africa.
