Tanzania

One of East Africa’s largest economies and most popular tourist destinations, Tanzania is reputed for its stability in the region. Its extractive wealth, favourable climate for agriculture, and natural assets such as Mount Kilimanjaro and the Serengeti National Park have helped it build a relatively high rate of growth over the last decade, averaging 6-7% per year.

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The African PE industry has become increasingly complex and diverse, with the arrival of global institutional investors in recent years paving the way for some of the world’s largest firms to enter the market. Between 2014 and 2019 the total value of the 1053 PE deals reported in Africa reached $25.4bn. While deal volumes have maintained an upward trend, their value has gradually eased, suggesting growing investor interest but smaller deal sizes. Moreover, in addition to consumer-driven industries, PE fund managers have diversified their strategies to invest across a variety of sectors such as IT, renewable energy, infrastructure and real estate.

For many countries across Africa, agriculture remains one of the most important sectors of the economy. Agriculture accounts for 14% of total GDP in sub-Saharan Africa, and a majority of the continent’s population is employed in the sector.

This Growth & Recovery Video highlights the important aspects of the recently launched Agriculture in Africa 2021: Focus Report, published in partnership with OCP Group

Beer production is set to expand in Tanzania, with Belgian-Brazilian brewing and beverage giant Anheuser-Busch InBev (AB InBev) set to construct its fifth factory in the country.

 

As it looks to develop its first new National Tourism Policy in 18 years, the Tanzanian government is likely to have a number of priorities in mind, including boosting visitor numbers, enhancing market and geographical diversification, and improving standards to ensure that the country retains its status as a high-end destination.

Articles & Analysis | Hotels for a visit to Tanzania from The Report: Tanzania 2018

 

GOLDEN TULIP DAR ES SALAAM OYSTERBAY HOTEL Toure Drive, Msasani Peninsula T: (+255) 222 600 286 F: (+255) 712 535 889 www.goldentulipdaressalaam.com enquiries@goldentuliptanzania.com Rooms: 84 full-sized rooms, including one presidential suite, two diplomatic suites and four executive suites, each with a private balcony and ocean view....

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