This study investigates the role of private sector support in disaster recovery in Tanzania, with a particular focus on the mediating role of stakeholder dialogue. Grounded in Stakeholder Theory, the study employs Structural Equation Modeling to analyze survey data from 300 respondents representing public and private sector institutions engaged in disaster management. The findings reveal that private sector contributions, particularly logistical support and technological innovation, have a significant direct impact on recovery effectiveness, while financial contributions play a stronger role in facilitating stakeholder dialogue. Stakeholder dialogue was found to partially mediate the relationship between technological innovation and recovery outcomes, underscoring its role in enhancing coordination and collaboration among stakeholders. These results emphasize the differentiated value of private sector support types and the importance of structured and inclusive stakeholder platforms. The study contributes to disaster management literature by offering empirical evidence on the mediating role of stakeholder dialogue in facilitating private sector support in disaster recovery. It also provides specific recommendations on policy strategies required to strengthen coordination of public and private sector initiatives towards disaster recovery.