Reasons to invest in Tanzania

Tanzania creates a strong infrastructure for all investments while providing the strong growth and security needed to prosper.
Tanzania enjoys an abundance of natural wealth, which offers tremendous investment opportunities for investors.
These include :

  • • Peace & Political Stability
  • • Strategic Location
  • • Attractive Investment Regime
  • • Investment Incentives
  • • World renowned tourist attractions
  • • Investment Guarantees
  • • Plenty of Natural Resources
  • • High Growth Potential
  • • Memberships of Bilateral Trade Agreements
  • • Public Private Partnerships
  • • Export Processing & Special Economic Zones
  • • Magnificent Business and Leisure Destinations

1. AGRICULTURE AND LIVESTOCK DEVELOPMENT

A. Agriculture development

tanzania-culture

Since 1990, there has been a general decline in poverty in Tanzania but it remains widespread, particularly in rural areas. About 17 million people – half the population – live below the poverty line of US$0.65 per day. Approximately 80 percent of the poor live in rural areas where about 70 percent of the population lives (URT, 2001). From 1991/92 to 2000/01 overall food poverty declined from 22 to 19 percent while basic needs poverty declined from 39 to 36 percent. Poverty declines were most rapid in major urban centres such as Dar es Salaam (from 28 to 18 percent) and least rapid in rural areas (from 41 to 39 percent). Despite these improvements, Tanzania is lagging in its progress towards its targets on reducing poverty and food insecurity and in achieving the Millennium Development Goals (MDGs) target of halving poverty by 2015. Achievement of the broad set of MDGs will require an acceleration of growth and greater equality in growth and service delivery.
Meeting the specific MDG of halving poverty and food insecurity by 2015 will require annual Gross Domestic Product (GDP) growth of at least 6-7 percent2. In addition, this will require further acceleration in rural economic opportunities – both farm and nonfarm – and management of Tanzania’s rich natural resource base. The required rate of GDP growth is substantially higher than was achieved over the last 15 years when growth averaged about 3.8 percent, although in 2004 it attained 6.0 percent.

Contribution of Agriculture to the Economy
Agriculture remains the largest sector in the economy and hence its performance has a significant effect on output and corresponding income and poverty levels. The sector accounts for about half of GDP and exports, and its importance is amplified through backward and forward linkage effects. Sale of agricultural products accounts for about 70 percent of rural household incomes. Over the 1990s, average agricultural growth was 3.6 percent, which was higher than in the 1970s and 1980s when annual agricultural growth averaged 2.9 and 2.1 percent respectively. It grew by 6.0% in 2004. Over the 1990s, agricultural exports grew at an annual rate of over 7 percent per year, although this rate has slowed in recent years due to declining world market prices. Food crop production has grown at a rate of 3 percent which is about the rate of population growth and percent. National data show significant progress towards the objective of a sustained 5 percent growth rate with an increase of the five year moving average agricultural GDP growth rates from about 3.3 percent from 1991 to 2000 to 4.3 percent over the 1999-2003 period (Figure 2). Increasing growth, reducing food insecurity, and accelerating poverty reduction, particularly in rural areas, requires an increase in agricultural productivity, higher added value, and improved producer price incentives. These increases also require a consolidation and continuation of long term reforms, particularly with respect to markets, institutions and investments. Greater emphasis is needed on improved institutional functioning and service delivery, technology adoption, infrastructure development and greater commercialisation among smallholders.
Source: http://www.agriculture.go.tz/publications/english%20docs/ASDP%20FINAL%2025%2005%200620(2).pdf

Agriculture is one of the leading sectors in Tanzania accounting for 24% of the GDP, 30% of total exports and 65% of raw materials for Tanzanian industries. Tanzanian crops include cereals with 4,798,071 planted hectares or 61% of Tanzania’s total planted area, followed by roots and tubers 14%, pulses 12%, and oil seeds 7%. Main exported cash crops are coffee, tea, cotton, cashews, raw tobacco, sisal and spices.
Read more at: http://www.tanzaniainvest.com/agriculture

Tanzania Coffee Production To Increase By 25% in 2016

tanzania-coffee

According to Unites States Department of Agriculture Foreign Agricultural Service (USDA) 2015 Tanzania Annual Coffee Report, Tanzania’s coffee production will increase to a record 1.2 million 60 kg bags in the marketing year 2015/2016. This represents an increase of 25% year after year and is due to improved husbandry practices and favorable weather. The Government of Tanzania continues to implement its strategic plan (2011-2021) for the coffee sector whose key objective is to double the production by 2021. The coffee production expansion programs involve increasing productivity in existing farms and facilitating the private sector to develop new farms. Coffee consumption in Tanzania remains at a low of 7% of the total national production. Japan and Italy are the leading destinations of coffee exports from Tanzania followed by, United States, and Belgium.
Read more at: http://www.tanzaniainvest.com/agriculture/tanzania-coffee-production-to-increase-by-25-percent-in-2016

B. Livestock development

Investment opportunities in the Livestock industry

tanzania-cow

National Livestock Policy and Legal Framework The National Livestock Policy (2006) aims at stimulating development of livestock industry in order to exploit the available potentials to increase its contribution to the national economy while ensuring environmental conservation. Secondly, it recognizes the importance of the private sector in promoting commercialized livestock industry. In addition, the policy is amongst many of the initiatives that invites and opens wide the door to the private sector investments. Various acts have been enacted for effective policy implementation and regulation of the industry; these include Veterinary Act No. 16 of 2003; Animal Diseases Act No. 17 of 2003; Dairy Industry Act No. 8 of 2004; Meat Industry Act No. 10 of 2006; Hides and Skin Act No. 18 of 2008; Animal Welfare Act No. 19 of 2008; Livestock Identification, Registration and Traceability Act No. 12 of 2010 and Grazing-land and Animal Feed Resources Act No. 13 of 2010.

(i) Meat Industry Act No. 10 of 2006
The Act supports Meat industry restructuring through establishment of proper organization and coordination of the meat industry stakeholders for the development of the industry. It also regulates the production of the meat and meat products within the meat value chain to ensure quality and standards of meat and meat products.

(ii) Animal Diseases Act No. 17 of 2003
The Act makes provision for the surveillance, control and prevention of animal diseases and assurance of safety and quality of livestock products. It prescribes measures to be undertaken in the event of a disease outbreak, regulation of movement of animals and their products including trade, as well as public health measures to prevent spread of diseases from animals to humans.

(iii) Animal Welfare Act Cap 154 (No 19 of 2008) (R.E 2010)
Provides for the humane care of animals and incidental matters.

(iv) The Livestock Identification Registration and Traceability Act No 12
Provides for the establishment of the national Livestock Identification Registration and Traceability (LIRT) System for the purpose of disease control, market accessibility, theft prevention and food safety.

Importance of the Livestock Industry
Tanzania is endowed with abundant natural resources which include land and a huge livestock resource base. Out of 88.6 million hectares of land; 60 million ha are rangelands with a carrying capacity of up to 20 million Livestock Unit (LU) and providing over 90% of the feed resource for livestock. The livestock resources include 21.3 million cattle, 15.2 million goats, 6.4 million sheep. Other livestock kept include 1.9 million pigs, 35 million traditional chickens and 23 million layers and broilers (2010). Over 70% of livestock in the country is found in the lake, northern and central zones (Figure 1). These animals are kept under four farming systems which are; mixed farming, agro-pastoral, pastoral and commercial. The country ranks third in Africa in terms of cattle numbers after Ethiopia and Sudan. In 2009, the livestock sector contributed 4.0% of the GDP, of which 40% came from beef, 30% dairy and the remaining 30% from other livestock products. 3 Over 98% of cattle are of indigenous breed, mainly Tanzania Shorthorn Zebu (TSZ) that are known for their ability to survive and are productive even under harsh environment with poor feed resources and diseases challenge.

Potential Areas of Investment
The main investment opportunities existing in the livestock industry are in the following areas; Production of various types of livestock including beef and dairy cattle, goats, sheep, pigs in partnership with NARCO ranches and with the already existing Livestock Multiplication Units together with establishment of new farms for the same. Areas of investment include meat and milk processing, value addition in livestock and other livestock products and by products such as hides and skins. Other areas include; construction and operation of new abattoirs and processing plants, establishment of breeder farms for poultry (grandparent stocks), establishment of commercial layers and broiler farms as well as establishment of broiler processing plants. Another very important area is the production of hay, compounded animal feeds and vaccines.

Source: http://www.mifugouvuvi.go.tz/wp-content/uploads/2013/06/Livestock-Investment-Opportunities.pdf

2. TOURISM

tanzania-tourism

Tanzania has many tourist attractions. More Than 44 per cent of the country’s land area is covered with game reserves and national parks. There are 16national parks, 29 game reserves, 40 controlled conservation areas and marine parks. Tanzania is also home to the famous ‘Roof of Africa’, Mount Kilimanjaro. On 6 January 2012, The New York Times newspaper awarded Tanzania the 7th position among 45 top destinations to visit. The tourist industry currently supports 27,000 jobs and generates 25% of Tanzania’s foreign exchange.
Tanzania received over 800,000 tourists in 2011. Tanzania has six World Heritage Sites. Only three countries in Africa have more: Tunisia (8) and Algeria and Ethiopia (7) and only Morocco has as many sites as Tanzania. The sites in Tanzania comprise two cultural and four natural sites:
1. Ngorongoro Conservation Area
2. Ruins of Kilwa Kisiwani and Ruins of
Songo Mnara
3. Serengeti National Park
4. Selous Game Reserve
5. Kilimanjaro National Park
6. Stone Town of Zanzibar.
Source: http://www.tic.co.tz/media/Guide_book_2014_for_flip.pdf

For so many, Tanzania is everything that they imagine Africa to be. With world-famous parks, endless opportunities to observe wildlife and iconic sights such as Mount Kilimanjaro and the breathtaking scenery of the Serengeti National Park, visitors will certainly take back lifelong memories.

Whether you are looking for a wilderness adventure away from the crowds, a safari to watch elephants, lions and rhinos, or a beach holiday, Tanzania certainly provides plenty of choice. Fronting the Indian Ocean, many of the most popular beaches are conveniently based around Dar es Salaam, such as Coco Beach at Oyster Bay. The main islands of Zanzibar – Unguja and Pemba, are also home to some of Tanzania’s most alluring beaches, with this coastline also being famed for its superb scuba diving and snorkelling.

The national parks are the principal reason why so many tourists come to Tanzania and although the Serengeti Plains may well beckon, so too will the national parks of Arusha, Gombe Stream, Lake Manyara, Mount Kilimanjaro and Ruaha. At the Mahale Mountains National Park you can get up close to chimpanzees, and in the Selous Game Reserve, the native African creatures often spotted roaming the savannah and alongside the Rufiji River include antelope, elephants, kudus and colobus monkeys. Trips to Lake Tanganyika and Lake Victoria provide yet another way to experience nature in Africa and here you can take a cruise, swim, snorkel, dive and even fish.

For sightseeing in Tanzania, Dar es Salaam is the place to hang out and a few days spent exploring this energetic city will reveal tourism gems such as the historic White Fathers’ Mission House and Old Boma building. Located on Sokoine Drive and next to the waterfront, St. Joseph’s Cathedral may now be sandwiched in between modern buildings, but its spire still towers high above the surrounding cityscape. For a leisurely family day out in the city, you can choose between the Botanical Gardens and Dar es Salaam Zoo. Those in Arusha may like to take time out to pay a visit to the Meserani Snake Park.
The most obvious and photographed of Tanzania’s landmarks tend to be clustered around Dar es Salaam and here you can tour sights such as the Askari Monument, the Azania Lutheran Church, the Old State House and the Uhuru Torch at the Mnazi Mmoja Park. If you are more interested in natural phenomenon, then the giant Ngorongoro Crater in the Ngorongoro Conservation Area is sure to please, offering the chance to see zebras, rhinos, wildebeest and lions living in a unique enclosure shaped by past volcanic activity some three million years ago. Mount Kilimanjaro is certainly not the only eye-catching mountain in Tanzania, with the somewhat shorter Mount Meru measuring in as the second-highest of the country. Other landmarks of note include the Kalambo Falls and the still-active Ol Doinyo Lengai Volcano, as well as the archaeological Kondoa Irangi Rock Paintings and the Isimila Stone Age Site.

As the busiest, largest and still the most important city in Tanzania, Dar es Salaam is understandably the place to come for culture and related tourist attractions. The National Museum and House of Culture has welcomed visitors since it first opened in 1940 and boasts exhibitions of fossils excavated from the Olduvai Gorge. Also in the city is the open-air Village Museum, where authentic rural-life exhibits, artefacts and information about age-old traditions are displayed for all to enjoy. Butiama, Mwanza and Arusha all also have a museum or two, the latter of which being known for its offerings dedicated to natural history, the Arusha Declaration and Tanzanite – a blue / purple mineral stone discovered locally.
Source: http://www.world-guides.com/africa/east-africa/tanzania/

Investment opportunities in tourism sector
Camping, lodges and guest houses of international standards are needed in Tanzania
Joint venture opportunities are available in Kilwa, Zanzibar, Mafia, Dar es Salaam, Mwanza, Arusha, Iringa, Kilimajaro, Selous, Katavi, Saadani, Serengeti, Babati and Bukoba.
Locations ranging historical, cultural and archaeological sites to unspoiled beaches can be leased to private operators exist in towns such as Bagamayo, Pangani, Tabora and Kilwa
Opportunities for man-made tourist attraction like theme parks and gambling resorts are still untapped. Others include establishing amusement parks, deep sea fishing and sea and lake cruising.
The current development projects that are under way as well as those that are being planned have created opportunities for interested investors.
Development of retail, industrial and residential spaces as well.

Source: http://fortuneofafrica.com/tanzania/investment-opportunities-in-tourism-sector/

Provision of mortgage finance

Tourism sector in Tanzania is continuing to perform well at international arena after the country’s responsible organ for marketing Tanzania as a tourist destination Tanzania Tourist Board (TTB), being named one of three finalists in Destination:- Best Tourist Board Africa category for the 2015 Travvy Awards that recognizes the highest standards of excellence in the Industry today and honors travel companies, travel products, travel agencies, travel executives, travel agents and travel destinations. Other two finalist countries under the category are South Africa Tourism and Namibia Tourism Board.
Tourism sector in Tanzania is continuing to perform well at international arena after the country’s responsible organ for marketing Tanzania as a tourist destination Tanzania Tourist Board (TTB), being named one of three finalists in Destination:- Best Tourist Board Africa category for the 2015 Travvy Awards that recognizes the highest standards of excellence in the Industry today and honors travel companies, travel products, travel agencies, travel executives, travel agents and travel destinations. Other two finalist countries under the category are South Africa Tourism and Namibia Tourism Board.
Selection of the finalists is based on votes by travel agents. The final two winners in the respective categories are determined by the award-winning Travel Alliance editorial team.
The Annual Travvy Awards will be presented by TravAlliancemedia at a Gala Awards night, New York City, January 6, 2016.
“Tanzania is honored to be among the finalists for Africa. This is the result of the dedicated and pro-active work in the US market by Tanzania Tourist Board (TTB), together with The Bradford Group, TTB’s USA representative, and the strong support of Tanzania National Parks and Ngorongoro Conservation Area Authority as well as the Tanzania Embassy in Washington and the Tanzania Mission to the UN in New York.“ commented, the Permanent Secretary of the Ministry of Natural Resources and Tourism Dr. Adelhelm Meru
He further said that In addition to Tanzania having some of the world’s most renown tourism icons, the Serengeti and the Great Animal Migration, Mt. Kilimanjaro, the Ngorongoro Crater as well as the hidden gems of the South, the Selous Game Reserve and Ruaha National Park, visitors from all over the world are also attracted to Tanzania because of its peace and tranquility, stability and prevailing democracy in the country that makes Tanzania a suitable place to stay for visitors.
This new development comes after recent developments where Tanzania mainland and Zanzibar were named by the US Travel and Leisure Magazine among the annual Best Places to Travel in 2016. Tanzania was also named among 52 places to go this year by the ‘New York Times’, the best African Destination to visit by the Fox News Channel, the best safari Country of Africa by SafariBookings.com and Tanzania’s Mt Kilimanjaro and Serengeti National Park being named two of the greatest parks in the World by National Geographic Magazine to mention just a few. Destination Tanzania has also received continuous positive coverage in the major travel publications and broadcast media.

Source: http://www.tanzaniatouristboard.com/news-and-events/tanzania-named-finalist-in-best-tourist-board-africa-category-for-annual-travvy-awards/

Final words on Tourism:

TOURISM IS NOW TANZANIA’S LEADING ECONOMIC SECTOR

Source: http://www.africa-ata.org/tz_economy.htm

More oppurtinities in the Tourism sector : http://www.tanzaniainvest.com/tourism

3. PETROLEUM AND MINING

A. Petroleum

tanzania-petroleum

There have been several gas discoveries on the coastal shore of the Indian Ocean at Songosongo, Mnazi bay and Mkuranga in Coast Region. These discoveries are catalysts of natural gas developments in Tanzania. Currently there are 22 Oil Companies undertaking exploration activities for oil and gas in the country. These companies include: BG Group, Statoil, Petrobas and Ophir Energy. Tanzania is becoming a regional hub after flurry of discoveries, it is said to be blessed with over 41.7 trillion cubic feet of gas reserves at the latest estimates. There are still numerous deep-sea blocks that are yet to be explored. Tanzania Petroleum Development Corporation (TPDC), the National Oil Company is inviting oil and gas companies and other specialized investors to participate in the exploration of hydrocarbons in Tanzania. Companies may apply for tendered out blocks for available blocks, successful companies will be invited to negotiate a Production Sharing Agreement (PSA).
Source: http://www.tic.co.tz/media/Guide_book_2014_for_flip.pdf

Tanzania’s upstream oil and gas sector is currently enjoying a boom experienced elsewhere in East Africa following major discoveries of natural gas by Statoil, Ophir Energy and BG Group. These discoveries mean that in 2012 Tanzania’s total estimated natural gas reserves quadrupled from 10 trillion to 40 trillion cubic feet. Offshore gas fields at Songo Songo and Mnazi Bay are currently in the process of being developed by Pan African Energy and Maurel and Prom in conjunction with the Tanzania Petroleum Development Corporation (TPDC). However, despite 50 years of exploration activity, Tanzania still has no proven oil reserves and remains dependent on imported petroleum products.
Source: http://www.freshfields.com/uploadedFiles/SiteWide/News_Room/Insight/Africa_ENR/Tanzania/Tanzania%20oil%20and%20gas.pdf

The call by the Tanzania Private Sector Foundation (TPSF) and other Tanzanian stakeholders that a special arrangement be put in place to enable Tanzanian individuals and groups overcome the challenges arising from huge capital and costly risks experienced in the oil and natural gas exploration industry is timely.
To mitigate such challenges, foreign explorers and investors simultaneously operate with a package of exploration blocks which are well scattered over prospective grounds. Increasing the portfolio of exploration blocks decreases risk, maximizes the probability of exploration success and justifies exploration investment.
Increasing this portfolio on the other hand escalates the seed capital required. Foreign explorers consequently collaborate among themselves and open up to other groups and individuals to help mobilize the huge seed capital involved.
Tanzanian individuals and groups ought to be empowered to participate in the oil and natural gas exploration in their country by enabling them to mitigate the industry’s huge seed capital and costly risks. The Tanzanian national company responsible for the generation, appraisal, development and exploitation of oil and natural gas prospects should hold all the oil and natural gas exploration licences in the country; retain the free sovereign shares in all Tanzanian oil and natural gas blocks on offer; establish a collective fund into which interested Tanzanian individuals and groups can deposit their contributions and acquire shares in the oil and natural gas blocks on offer and assign Tanzanian individuals and groups shares in all oil and natural gas exploration blocks on offer.
The company could then invite foreign explorers and investors to invest in the remaining shares. Such an approach can complement rather than take over the responsibility of the Tanzanian national company as a caretaker in the oil and natural gas industry.
The choice of the Tanzanian government (through the Tanzania Petroleum Development Corporation TPDC) to go for production profits sharing (after all costs recovery) rather than for a Tanzanian free carried sovereign share in any of the Tanzanian oil and natural gas blocks on offer is counterproductive and suicidal to the nation.
The production profits sharing model denies Tanzania the opportunity to fully exploit her deserved share of the main natural capital in form of appraisal profits realized from the partial or total sale of appraised reserves for investing in other high-quick return investment opportunities elsewhere.
The model also denies the government the opportunity to fully exploit its deserved share of profits from service delivery. The 65 per cent to 70 per cent profit sharing model is negligible compared to the total profits shares of appraised reserves and provision of services and supplies.
The resolve of the Tanzanian government to establish the State- controlled TPDC as the national company responsible for the appraisal, development and exploitation of Tanzanian oil and natural gas prospects on its own like Statoil, Petrobras and Petronas firms in Norway, Brazil and Malaysia, respectively, is a choice of the past and a misfit in the present times of globalization in which it is the powerful multinational joint ventures and mergers composed of shareholders from multinational states and private sectors that dominate the oil and natural gas prospects.
Countries like Norway, Brazil, Malaysia and Algeria established their own state-controlled companies responsible for the exploitation of their oil and natural gas potentials because their private sectors were not ready to take charge, national activities in the exploitation of oil and natural gas were yet to go global.
The number of private and state-owned companies competing for opportunities has increased, initiating their going global and merging to create the powerful multinational companies capable to survive the competition for diminishing global oil and natural gas potentials.
Going global and merging are essential for the national (private and state) companies focused on sustainability in their exploitation of oil and natural gas potentials which are too limited within national boundaries to justify huge capital and the costly R&D’s involved. Globalization and merging to transform into powerful multinationals composed of shareholders from state and private sectors is what countries like Norway, Brazil, Malaysia and Algeria are focused on maintaining global presence and growth in their oil and natural gas endeavours.
For Tanzania and all other newly emerging oil and natural gas rich developing countries, optimization of local benefits in the appraisal, development and exploitation of local oil and natural gas prospects is achievable from the choice of joint ventures, in which local and foreign state and private sectors hold shares in the appraisal, development and exploitation of oil and natural gas prospects worldwide proportionate to the individual contributions of oil and/or natural gas opportunities, and/or seed capital.
The talk of state-controlled national companies in the exploitation of economic opportunities in developing countries is outdated and replaced with companies which are controlled by multinational joint ventures composed of state and private sectors.
Source: http://www.thecitizen.co.tz/oped/Oil–natural-gas-industry–the-way-forward-/-/1840568/2169952/-/126o23d/-/index.html

B. Mining

tanzania-mining

Tanzania is the 4th largest gold producer in Africa after South Africa, Ghana and Mali. Gold production currently stands at roughly 40 tonnes a year, copper at 2980 tonnes, silver at 10 tonnes and diamond at 112670 carats. In total the mining sector contributes 2.8% to GDP each year but this could rise considerably in future years, with Business Monitor International (BMI) forecasting average annual growth in the sector of 7.7% between 2011 and 2015. BMI also predict a doubling in value of the sector between 2010 and 2015, from US$0.64bn to US$1.28bn.
Minerals that have been identified in Tanzania include gold, iron ore, nickel, copper, cobalt, silver, diamond, tanzanite, ruby, garnet, limestone, soda ash, gypsum, salt, phosphate, coal, uranium, gravel, sand and dimension stones.
The major pieces of legislation governing the industry today are the 1997 Mineral Policy, 1998 Mineral Act and 2010 Mineral Act which can be found on the website for the Parliament of Tanzania, www.parliament.go.tz
Source: http://www.tcme.or.tz/mining-in-tanzania/industry-overview/

Benefits of the minerals industry in Tanzania
The mining sector is an instrumental part of the Tanzanian economy and, given the quantity of natural resources still to be exploited, will continue to be so for a considerable period of time. Mining companies and their operations benefit Tanzanians and the Tanzanian economy through a variety of means including the following:

Revenue generation:
Mining companies pay taxes, duties and royalties more than Tsh 250 billion every year. These revenues can be invested in public service provision, such as healthcare, education and infrastructure.

Job creation:
The mines create employment opportunities both directly for the mining companies and also indirectly throughout the Tanzanian economy thanks to the demand created by the industry’s presence. For every job created by a TCME member company, a further six jobs are generated thanks to the multiplier effect. Long-term benefits are also accrued through training of employees and in some cases, skills training of local community members.

Creation of new business opportunities in local communities:
Mine sites generate new business opportunities in the local communities, particularly in providing services to the mine community, such as agriculture for food and textiles for clothing. TCME members source materials, services and supplies from Tanzanian companies, invest in Tanzanian infrastructure and pay wages to Tanzanians who spend more money in the local economy.

Improved infrastructure:
Mining operations require infrastructure in the form of roads, power and water. This infrastructure is frequently also made available to local communities, improving livelihoods.

Extensive corporate social investment (CSI) programmes:
Our members have comprehensive CSI programmes which benefit Tanzania and local communities in a number of ways, whether it is environmental conservation, education, or healthcare provision.

Creation and support of international investor relationships:
The activity of the mining sector in Tanzania has attracted investor attention and financial flows into the country thus encouraging continued and increased investment in the economy.

Source: http://www.tcme.or.tz/mining-in-tanzania/benefits/

Tanzania is thought to have the largest gold reserves in Africa behind South Africa and, for this reason, the country has been the major focus for the exploration and development of gold on the African continent, receiving as much as 15% of the exploration expenditure in Africa.
Read more at: http://www.tanzaniainvest.com/mining

Tanzania’s open door policy has added it to the list of countries that earn improved treatment by international insurance agencies. To read more: http://www.lakevictoriaminingcompany.com/mining-operations/investing-in-tanzania-mining-properties/

4.Energy

The primary source of commercial energy in the country is generated from petroleum, hydropower and coal. Read more at : http://www.tanzaniainvest.com/energy

5.Financial Institutions

http://www.tanzania-gov.de/investment/investing-in-tz

6.Telecommunications

The telecommunication sector in Tanzania is one of the fastest growing sectors in the country; according to Government statistics, the sector grew from 19.1% in 2006 to 20.1% in 2007 regulators of the sector believe that it is likely to continue this pattern of growth. Read more at: http://www.tanzaniainvest.com/telecoms/tanzania-telecoms-sector-expected-to-expand
Also see: http://www.tanzaniainvest.com/telecoms

7.Real Estate

The developments within the Tanzanian construction sector have positively influenced and benefited Tanzania’s real estate sector through the creation of additional real estate space. The current real estate development projects that are under way, as well as those that are being developed, have created various opportunities for interested local and foreign investors.

Read more at: http://www.tanzaniainvest.com/construction/realestate

8.Transportation

The Tanzanian transport sector plays a crucial role in the growth of the Tanzanian economy; it facilitates domestic and international trade, contributes to international integration, and provides access to jobs, health, education and other essential facilities. Read more at: http://www.tanzaniainvest.com/transport

9.Manufacturing

Tanzania Industry
The manufacturing sector in Tanzania remains relatively small, with most activities concentrating on the creation of simple consumer products such as foods, beverages, tobacco, textiles, furniture and wood allied products. Read more at: http://www.tanzaniainvest.com/industry

10.Other Areas of Investment

Education Sector
Health Sector
Insurance Services
Security Services
Construction Industry
Water and Sanitation
Integrated Waste Management
Source: http://tic.co.tz/media/Guide_book_2014_for_flip.pdf

A.Investment opportunities in the Education sector

Establishing education and training institutions
Expanding, upgrading and rehabilitating the existing schools at primary, secondary and tertiary levels
Provision and expansion of industrial, vocational and technical training facilities
Encouraging the use of Information and Communication Technology.
Improve availability of skilled labour
Train diploma and grade A teachers in Teachers’ colleges
Improve learning and teaching environment for Folk Development Centres/Colleges
Provision of scholarships for targeted skills (development of natural gas, uranium, iron and steel and petroleum
Improve and increase the number of training centres and programmes as suggested in the strategic interventions and/or activities/projects of each of the core priority sector
Improve accessibility and equity at all levels of education
Increase student enrollment in science and engineering, education, agriculture, and health profession
Source: http://fortuneofafrica.com/tanzania/investment-opportunities-in-the-education-sector/

Useful links (external)

Read more at: http://www.tanzania-gov.de/investment/investing-in-tz

You can find more about investment opportunities on the official Tanzania Investment Centre page

Looking for opportunities for investment in Tanzania ? Please visit http://www.foreign.go.tz/en/diaspora/opportunities-for-investment-in-tanzania

Opportunities for Investment in Tanzania: http://www.foreign.go.tz/diaspora/opportunities-for-investment-in-tanzania

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