Browsing: UK Embassy in Tanzania

UK Africa Relations

According to The Carnegie Endowment, “UK investors accounted for the second-largest FDI stock in Africa in 2019 with US$66 billion, with roughly 83 per cent concentrated in oil, gas, mining, and financial services.” 

However, the connection between the two areas is important. After the UK’s post-Brexit foreign and development policy, the relationship between the two was strengthened in 2020 during the UK Africa Investment Summit, thanks to the establishment of the UK’s Foreign, Commonwealth, and Development Office.

At the Commonwealth Heads of Government Meeting (CHOGM) this year in Rwanda, common principles and plans for improving people’s lives were reaffirmed. The most ideal goal to which almost every country in the region aspires is the economic prosperity of Africa.