Nzema East’s capital Axim is the home of sub-Saharan second oldest Fort. This Fort was built in the year AD1515 by the Portuguese and is now being used by Ghana Museum for tourist attraction. Axim is also reported to have witnessed the establishment of the first Bank in the then Gold Coast. The Building for the first Bank in the then Gold Coast is still there but now not inhabited. The Ahunyame mysterious rock formation is also an attraction for tourists.
The Municipality is rich in tourism attractions although most of these are still undeveloped.  The district is replete with warm sandy beaches, which provide conventional beach tourism. The navigable Ankobra River is another tourist attraction, since it affords tourists the opportunity to enjoy river boat trips. Naturists have plenty to see as well, especially with the district’s vast forest reserves, network of rivers, interesting landscape and wide assortment of wildlife, and the renowned Boboyise Island, an enticing retreat for both solitude and celebration.
The Municipality is endowed with a number of mineral deposits which are either untapped or underutilized; although a number of mining companies have applied and secured mining leases.