Browsing: Egypt investors in Tanzania

Tanzania Egypt Relations Tanzania Investment Centre

 The Tanzania Investment Centre (TIC) said that the country garnered a 22.2 percent rise in registered projects over the past five months. 132 additional projects will be registered between July and November of 2022, compared to 102 during the same period in 2021. 

Tanzania is making significant progress in attracting the appropriate investment over time and space. This development is attributable to the current government under the leadership of President Samia Suluhu Hassan, whose dedication to expanding investment is shared by the whole economy. 

Tanzania's economy is currently at 5,2 percent of GDP (3rd quarter 2022) and 4.9 percent inflation. Notwithstanding this, growth in other vital areas has been crucial to ensure Tanzania's industrialization goals remain on track. 

 According to a research published by African Mining Market on February 13, the mining industry in East Africa is witnessing tremendous expansion. Whereby, Tanzania’s sector is adding to the GDP whose proportion