Tanzania growing above 7%

1. TANZANIA
THE GATEWAY TO FIVE LAND LOCKED COUNTRIES
Business Plan for Electronics and Prefab construction

2. 1. East Africa
2. Ex British Colony
3. Govt Language English
4. Most Stable country in Africa
5. GDP Growing at a rate of 7 %
6. Foregin Investments in Mining , Trading and Oil and
gas
7. Recent Gas Discoveries in the East
Demography

3. The economy expanded by 7% in 2013, considerably faster
than the rate recorded by Kenya and Uganda. 6 sectors have
contributed to the rapid economic growth. These sectors
include:
 construction
 communication
 electricity
 manufacturing
 health
 administration and support
Segments of Growth

4. The UK is the largest foreign investor in Tanzania with 36% market
share followed by followed by American and China.
 Tanzania has an active British Business Group (BBG). The BBG’s
members are resident British nationals employed or investing in
Tanzania. Their main role is networking and advocacy amongst
its members.
The leading British exports are:
 commercial and road vehicles
 building and construction equipment
 industrial raw material
 all other consumer goods
UK and Tanzania trade

5. Recent exploration activity in Tanzania’s deep offshore waters has led to the discovery of
46.5 trillion cubic feet of natural gas. More is expected as drilling continues. It is estimated
that the recoverable reserves will double by the 2015.
There are opportunities for companies in:
 oil and gas exploration
 development and construction of Liquefied Natural Gas (LNG) plants
There are also untapped sources and opportunities for renewable energy including:
 geothermal
 wind
 biomass
 solar
 natural gas
 coal
Energy

6. Tanzania has the largest gold reserves in Africa, behind South
Africa. Gold exploration is intensifying.
In addition to gold, opportunities exist for the mining of:
 coal
 uranium
 nickel
 iron ore
 tanzanite gemstone
Mining

7.  The financial sector is one of the fastest growing
sectors in Tanzania. There are a number of local and
international banks being established within the
economy.
 International banks available
Financial Services

8. There are several ways to enter the Tanzanian market:
 export directly
 set up an agency
 appoint a distributor
 joint venture
 selling to the government
Start-up considerations

9. Swahili and English are official languages in Tanzania.
Over 100 tribal languages are also spoken in various
parts of the country.
 Swahili is the most widely used language, but English
is the official language of education and business.
Business behaviour

10. Dareslam is the port catering to these five land locked
countries
- Uganda,
- Rwanda,
- Burundi,
- Zambia,
- Democratic Republic of Congo (DRC)
Importance of Dareslam

11.  Electronics Trading
 Pre-Fab Construction
Segments of Interest