DSE and AfriCapital partner to improve Tanzania’s capital market

The Dar es Salaam Stock Exchange (DSE) and AfriCapital Holdings signed a strategic Memorandum of Understanding (MoU) today, aimed at deepening Tanzania’s capital markets and unlocking international investment opportunities.

The agreement, formalized in Dar es Salaam, seeks to bridge private and public capital, enhance IPO readiness, and position Tanzania as a premier investment destination.

DSE Chief Executive Officer Peter Nalitolela called the partnership timely, emphasizing its role in creating a seamless transition for companies from private capital to public listings.

“This collaboration with AfriCapital will make our capital markets more accessible, supporting businesses at every growth stage and attracting capital from within and beyond Tanzania,” Nalitolela said. Key focus areas include cross-border investment facilitation, data sharing, and technology-driven solutions to engage new investors.

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AfriCapital CEO Burak Büyüksarag described the MoU as a pivotal moment for Tanzania’s capital markets, which have seen few public listings in recent years.

“We aim to prepare Tanzanian companies for IPOs on the DSE, breaking the listing drought and fostering public market growth within two to three years,” Büyüksarag said. He also stressed the need to promote Tanzania’s high-return private equity and venture capital markets globally to attract international investors.

The partnership will prioritize investment promotion, capacity building, and digital platforms to draw foreign and domestic capital. Hosted by AfriCapital, the signing event drew financial sector stakeholders, marking the start of a long-term collaboration.