DODOMA (Tanzania), Nov 2 (NNN-DAILYNEWS) — Tanzania has earned a spot among the top five strongest economies out of 25 countries in Sub-Saharan Africa, according to the latest assessment by Moody’s.
According to the report, Tanzania holds a B1 rating along with Namibia, Benin, and Senegal.
Finance Minister Dr Mwigulu Nchemba announced this achievement on Friday, highlighting that Tanzania leads the East African Community (EAC), outpacing Kenya (rated B3), Rwanda (B2), and Uganda (B2).
Dr Nchemba noted that only four African countries—Botswana (A3), Mauritius (Baa3), Côte d’Ivoire (Ba2), and South Africa (Ba2)—rank above Tanzania.
The Finance Minister made the announcement at the Parliament in Dodoma on Friday when presenting the Guideline Proposal for the Preparation of the Government Plan and Budget for the 2025/26 Fiscal Year 2025/2026.
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