– Textile and fashion is the world’s second-largest industrial polluter, behind oil and gas – Concerted efforts are being made to create more sustainable business models – Two solar-powered, sustainable textile plants under construction in Togo and Benin – Increased cotton processing could mean value-added textile earnings stay in West Africa With textiles and fashion expected to…
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. In late March the Tanzanian President’s Office announced that AB InBev, the main shareholder of Tanzania Breweries (TBL), would start work on the $100m brewery next year. Production is expected to begin in 2020 at the…
Tanzania has historically been an attractive centre for trade due to its strategic location along the continent’s east coast. Today, the country is seen as one of Africa’s most dynamic and diverse markets, and although its economy remains highly dependent on agricultural output, the development of tourism and the discovery of natural gas in recent years should help offset the country’s depen
Outside of food and beverages – and the broader agro-processing segment – the manufacturing sector is supported primarily by cement manufacturing, with the country’s cement capacity expanding rapidly in recent years, most significantly after the 2015 market entry of Nigeria’s Dangote Cement, one of the continent’s largest cement players. Dangote’s entrance has had a mixed impact…
Already a dominant segment of the manufacturing sector, Tanzania’s agro-processing industry holds tremendous potential for future expansion. The country benefits from abundant agricultural resources, leaving it well positioned to grow its textile and leather production segments, while rising domestic demand for processed food should boost production of bread, sugar products and meat. Although…
The draft budget for FY 2017/18, tabled on June 9, 2017 by the Ministry of Finance and Planning (MoFP), aims to raise real GDP growth to 7.1% in 2017, up from 7% the previous year, while shrinking the budget deficit from 4.5% to 3.8% of GDP, and keeping inflation between 5% and 8%. A country of 53m, Tanzania remains one of the strongest economies in the EAC, with the IMF forecasting GDP growth…
The government of Tanzania hopes to encourage industrialisation and investment in labour-intensive manufacturing through its export processing zone (EPZ) and special economic zone (SEZ) schemes, which were launched in 2002 and 2006, respectively. Managed by the Export Processing Zones Authority (EPZA), the EPZ scheme promotes investment in export-oriented manufacturing activities, while the…
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…
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,…
Interview:Charles John Poul Mwijage, Minister of Industry, Trade and Investment What are the biggest obstacles for manufacturers doing business in Tanzania? CHARLES JOHN POUL MWIJAGE: In general, people in the manufacturing sector have challenges related to imports. There is difficulty competing with similar products imported from abroad. First, a large amount of goods available in Tanzania…