World Bank Group report finds Tanzania does not face a shortage of jobs but a shortage of good ones

19 October 2026

The World Bank Group released its report in Dar es Salaam on 2 October 2026.
The report finds that Tanzania does not face a shortage of jobs; the challenge is creating higher-quality jobs.
Most workers are in low-productivity work, mainly agriculture and informal activity.
Firas Raad, World Bank Division Director for Tanzania, said Tanzania's economy continues to grow despite global uncertainty and climate risks.
Mary-Jean Moyo, IFC Division Director for Tanzania, said Tanzania's jobs challenge is ultimately a firm growth challenge.
Vision 2050 sets the goal of private-sector-led investment becoming the dominant source of investment financing.