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Overview

Tanzania's public and private sectors work to expand industrial activity
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As part of a significant push by the government to sustain economic growth and inclusion, industrialisation is set to accelerate in Tanzania, on the back of increased manufacturing output and recent investment in labour-intensive industries. However, the sector faces notable challenges, including rising production costs, limited infrastructure and a higher tax burden, while manufactured exports…

Overview

Tanzania develops its natural gas potential and generation capacity
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With established domestic gas production and ambitious plans to scale up, Tanzania’s energy sector is in the process of moving from potential to reality. Offshore gas reserves are sufficient to have prompted a proposal for a two-train liquefied natural gas (LNG) project in Lindi, while there is ample potential onshore around the Rift Valley based on commercial-scale deposits in similar terrain…

Overview

Development continues across all IT segments in Tanzania
OBG
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Improvements in and expansion of ICT services has accelerated in Tanzania over the last decade, supported by new submarine cable connectivity, successful completion of a National ICT Broadband Backbone project and rising investment in mobile broadband networks. Martin Warioba, managing partner of WS Technology Consulting, told OBG, “Local ICT firms providing networking, hardware, software…

Overview

Boosting local construction capacity a policy priority for Tanzania
OBG
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Tanzania’s construction industry is undergoing significant expansion, and is a direct beneficiary of the government’s current economic strategy, which focuses on major infrastructure, housing and energy investments. Although recent months have seen the growth rate level off, the election of President John Magufuli in 2015 did help to improve the outlook for the construction sector, following…

Overview

Open for business: Despite a low urbanisation rate, rapid economic growth has led to a series of major retail developments
OBG
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While still in its nascent stages, formal retail development in Tanzania holds considerable potential for long-term expansion, with population growth and rising demand for fast-moving consumer goods slated to support the economy over the next decade. Challenge & Opportunity As is the case for formal retailers across the continent, however, there are a number of structural challenges,…

Overview

Recent transport projects in Tanzania
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Located along an increasingly important international trade corridor and benefitting from over 1400 km of Indian Ocean coastline, Tanzania is well positioned to expand its share of regional transit and trans-shipment activities. The country already serves as an international gateway for six landlocked African countries, making the development of its transportation sector a regional priority.…

Overview

Rapid economic growth and an expanding private sector reshape Tanzanian real estate
OBG
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The real estate sector in Tanzania is relatively young, with large-scale commercial development only taking off in the 1990s. The 1970s and 1980s witnessed the imposition of rent caps, which acted as stumbling blocks to large-scale building. In the 1990s a structural adjustment resulted in the opening up of the housing sector to private investment and the abolishment of rent controls. Historically,…

Overview

Telecoms trends set to continue in Tanzania
OBG
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One of the most bullish outlooks of any sector in the country can be found in Tanzania’s telecoms industry. Already a model for development in sub-Saharan Africa, the sector has recorded rapid recent growth in activity, supported by some of the lowest user tariffs in Africa, speedy smartphone and mobile broadband uptake, and steady investment in infrastructure and next-generation service…

Overview

Tanzania enacts reforms to make extractive industries beneficial for local communities
OBG
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As the fourth-largest gold producer in Africa and the world’s only source of tanzanite, Tanzania is a major mining destination in the region. It has nine large-scale mines that produce silver, copper, diamonds and coal, as well as major untapped deposits of graphite, uranium and other minerals. The government has begun to review its legislative framework for mining activity as part of efforts…

Overview

Tanzania to diversify tourism offerings and address growth challenges
OBG
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As the country starts to capitalise on its huge potential, and private and public investments strengthen its advantages as a destination, Tanzania’s tourism industry is expected to be among one of the world’s fastest-growing over the next decade, according to the World Travel & Tourism Council (WTTC). With 1.28m tourist arrivals in 2016, Tanzania is already one of the most-visited…