Tanzania has adopted and developed the “SDG Investor Map” in close collaboration with UN Capital Development Fund (UNCDF) and UNDP. The SDG investor map is an important and essential platform for identification of investment opportunities in critical sectors such as Agriculture, Renewables & Alternative Energy; Infrastructure; Services and Education that are aligned with the national development agenda and priorities. Furthermore, Tanzania is blessed with abundance of natural resources in form of prime lands, water, forestry, tourism attraction, minerals and other endowments with limited or no utilization. These resources and raw materials require significant and appropriate investment to fast track the achievement of sustainable development goals.

UNCDF commends the Government for propelling robust economic growth that is complimented by stable macroeconomic policies despite setbacks posed by Covid-19 pandemic. Notwithstanding the achievements, investment capital and appropriate technologies have not trickled down fast enough to reach the local level where majority of the populations are, to build local industries and key productive sectors for development. This challenge is further fueled by increasing rural and urban migration not absorbed by the level of public and private investment, industrialization and gainful activities in service sectors.

The bigger picture of the SDG Investor Map exercise provides an
opportunity for UNCDF to apply its investment mandate, investment
expertise and its financial instruments such as seed capital grants, access to capital markets both debt and equity, subnational, municipal, and thematic bonds, blended finance instruments and guarantee facilities to complement the work of the government in promoting investment in priority economic sectors. Furthermore, we call for opportunities to work with other development partners, public and private sector finance to support the implementation of sustainable development agenda in Tanzania. It is a way of bringing in a new global framework to finance development by aligning all financing flows and policies with national economic, social and environmental priorities.