Investors seek growth as Tanzania opens new opportunities
DAR ES SALAAM, May 30 -- GLOBAL and local investors searching for opportunities in African markets are increasingly turning their attention to Tanzania, a country many now view as one of the continents most promising destinations for impact investment.
With strong economic fundamentals, expanding digital systems and a rapidly growing entrepreneurial ecosystem, Tanzania is positioning itself as a market capable of attracting long-term capital while supporting inclusive growth.
Small and medium enterprises (SMEs), which form the backbone of Tanzanias economy, employ an estimated 5.7 million people and contribute approximately 27 per cent of the countrys Gross Domestic Product (GDP).
Across sectors such as agriculture, healthcare, renewab...
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