October 17, 2017

Starting a Business in Tanzania – 10 Best Opportunities

Tanzania is an African Country and it is located in the Eastern part of the African Continent. The capital city and seat of power of Tanzania is called Dodoma, but the largest city and center of commerce still remains Dar es Salam. The official languages of Tanzania are Swahili and English language. Tanzania gained independent from the United Kingdom.
The economy of Tanzania is sustained by the agriculture sector, the telecommunications sector, the tourism sector, the banking sector and the mining industry. The country’s agriculture sector is notable for the cultivation of crops like corn, cassava, sweet potatoes, beans, bananas, millet, tobacco, coffee, tea and cotton et al. Tanzania is also notable for the export of gold, diamonds, Silver, copper, gypsum and graphite.
One of the fastest growing sectors in Tanzania is the tourism sector. As a matter of fact, travel and tourism employs over 10 percent of the total work force of Tanzania. The country’s major tourist sites are Mount Kilimanjaro (Africa’s highest mountain), Lake Manyara National Park, Tarangire National Park, the Ngorongoro Conservative Area, and Zanziba (Serengeti National Park).
Over and above, the economy of Tanzania is rated as a poor economy but with hope of growth if the natural resources are well harnessed and if policies are but in place to support entrepreneurs. In essence Tanzania can be considered as a green field for investors because almost all the sectors in the country are still very much open.
So if you are an investor looking towards investing in the African continent, then you should consider investing in Tanzania. Below are the top 10 business opportunities that are available for investors in Tanzania:

No comments:

Post a Comment