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Beyond Consulting, Tanzania

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An Investment Guide to Tanzania Opportunities and conditions June 2005

With 36 million people, Tanzania is not a small market by African standards. Although purchasing power is limited, the economy has been growing steadily at around 5–6% for a number of years. However, the more important market for investors is that offered by the East African Community (EAC), which includes Kenya and Uganda, as well as Tanzania, and has 93 million consumers.

The EAC customs union that came into effect earlier this year gives Tanzanian exports to its two partners duty-free access.

Beyond the EAC, there are at least three other markets to which investors in Tanzania have access. One is the Southern African Development Community (SADC) with its 215 million consumers; another is the European Union, to which Tanzanian exports have access under the EU’s Everything But Arms (EBA) initiative; and the third is the United States, to which Tanzania has access under the provisions of the African Growth and Opportunity Act (AGOA).

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