Tanzania is set to list its first shilling-denominated offshore bond on the London Stock Exchange (LSE), a move aimed at diversifying financing for development projects and accessing international capital markets.

The bond, backed by the International Finance Corporation (IFC), will support major infrastructure initiatives like the Standard Gauge Railway, ports, roads, and energy projects.The government plans to borrow Sh15.54 trillion in the 2026/27 financial year, with Sh6.55 trillion in concessional loans and Sh2.43 trillion in commercial borrowing.

Finance Minister Ambassador Khamis Mussa Omar, in London to oversee the listing, highlighted Tanzania's strong macroeconomic performance and reforms boosting investor confidence.

The LSE listing is expected to attract international investors to Tanzanian shilling securities, while the government also aims to enhance bilateral trade with the UK through duty-free access under the Developing Countries Trading Scheme.The event underscores Tanzania's commitment to deepening global partnerships and securing long-term funding for critical development projects.