East Africa Business Forum 2021: Doing business in Tanzania

In the backdrop of the East Africa Business Forum 2021, we held a session on Doing business in Tanzania'. The session was led by Christophe DARMOIS, CEO, Tanzania Petroleum Services & Chairman, French - Tanzanian Chamber of Commerce; Degratius MMASY, Tax manager, Mazars Tanzania and Aurélie LE PAGE, CEO, Lagardère Travel Retail Bevco Ltd.

Some takeaways from the session:

  • Tanzania has a population of 55 M with 63% of the population being less than 24 years old. It is forecasted that in 2050 the country will have 130 Million inhabitants
  • Tanzania’s economy is reliant on agriculture, which accounts slightly less than one-quarter of  GDP and employs about 65% of the work force.
  • The main export commodities in Tanzania are: gold, tobacco, cloves, coffee, cashew nuts, manufactured goods and cotton. The main import commodities on the other hand are: consumer goods, machinery and transportation equipment, industrial raw materials and crude oil.
  • Tanzania has a favorable geographic position with its city Dar es Salaam housing the 2nd largest port in East Africa.

Related Articles

No news available.

Related Events

Share this page Share on FacebookShare on TwitterShare on Linkedin