Tanzania Minerals Sovereign Wealth Fund (announced)

At a glance. Tanzania plans a Mineral Sovereign Wealth Fund to turn finite mineral income into lasting financial and investment assets for future generations. President Samia Suluhu Hassan announced the groundwork when she opened the 13th Parliament in Dodoma on 14 November 2025. No law, board or capital has been set out, and the fund holds no assets. S1 S3

Key points

• Announced on 14 November 2025 in the President's speech opening Parliament. S1 S3
• Described as a long-term financial and investment mechanism for mineral wealth. S1
• No enabling law, governance body or funding has been published. S1
• Mining's share of GDP rose to 10 percent in 2024 from 6.8 percent in 2020. S1
• The same speech set out a critical minerals strategy. S1

Interesting facts

• The rationale given is that minerals run out, so their value should be kept in financial form. S1
• The plan was set out in the first address to the newly elected 13th Parliament. S3
• Industry stakeholders have backed keeping more mining revenue in the country. S4

Mandate and goals

Make the benefits of mining last beyond the end of extraction by saving and investing part of mineral income. S1

• Preserve mineral wealth for future generations. S1

How it invests

Past investments

The fund has not published a list of investments.

Investment process

Not yet defined; a law and governance structure would be needed first. S1

How to approach: No approach route exists yet. S1

Size and returns

• Headline size: No assets (Announced target, not current assets, as of 2025-11-14) S1
• Returns: the fund does not publish a return figure.

Leadership

The fund does not publish named leaders.

Governance and transparency

• Legal basis: None yet S1
• Oversight: Government of Tanzania S1

Transparency score: 0.0 of 10 (band 1 of 5). Our own 10-item rubric; see the methodology page.

• Not published: total assets, annual return, long-term returns, asset allocation, geographic or sector split, holdings or deal list, audited financial statements, governance and mandate documents, named leadership, regular reporting schedule. S1

History

Common questions

Does the fund exist?

Not yet. It was announced in November 2025 and no law has been passed. S1

What would it do?

Save and invest mineral income so benefits last after mining ends. S1

Who announced it?

President Samia Suluhu Hassan, opening the 13th Parliament. S1

Related profiles

• Eswatini Sovereign Wealth Fund Eswatini · E5B planned (about USD 275M)
• Tanzania Oil and Gas Fund (Natural Gas Revenue Fund) Tanzania · TZS 190.94B
• Botswana Sovereign Wealth Fund (BSWF) Botswana · Not yet capitalised
• Fonds Souverain de Guinee (proposed) Guinea · Not yet capitalised
• Kenya Sovereign Wealth Fund Kenya · Not disclosed
• Lagos State Wealth Fund Nigeria (Lagos State) · Not created

All sovereign wealth funds in Africa · All proposed or pipeline funds · All funds in Tanzania

Sources

1. S1The BizLens, Samia unveils plan for Tanzania mineral sovereign wealth fund
2. S2IFSWF, Our members
3. S3Speech by President Samia Suluhu Hassan opening the 13th Parliament (Swahili)
4. S4The Citizen, Stakeholders back mining revenue retention strategy