Investment in Tanzania.
The Tanzania economy offers unlimited opportunities which cut across sectors. These opportunities are available to both local and foreign investors. This section presents highlights about some of these opportunities. The purpose is to inform and encourage potential investors to take their capital to Tanzania where they can make good profit. These opportunities fall into the following major categories:
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Those based on Tanzania’s endowment with abundant natural resources
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Those based on Privatization of public enterprises
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Those arising from investments in the above two areas.
Tanzania’s endowment with a wide range of natural resources provides immense potential business opportunities.
Abundant arable land - Tanzania has nearly 90 million hectares of arable land which is suitable for all agricultural purposes. Only 17 per cent of this is utilized. The remaining 83 per cent is available for new investment in direct crop production, livestock production, poultry production, etc. There are also numerous related opportunities such as supply of agricultural inputs, provision of extension services, marketing/export of agricultural produce and agro-based -industrial activities.
Abundant mineral resources - Gold, Diamond, gemstones such as Tanzanite and Ruby, Coal and Natural gas provide unlimited mining and related opportunities such as supply of mining equipment, provision of exploration services, processing and export of mineral products. The development of mining centers would naturally attract other essential services such as medical care, education, water supply, supermarkets, transport services, etc, all of which constitute important business opportunities.
World famous tourist attractions – Kilimanjaro Mountain, Serengeti National Park, Ngorongoro Crater, Manyara Game Reserve, Selous Game Reserve, Mikumi and Katai National Parks and the beautiful beaches on the Indian Ocean coast of Tanzania Mainland and Zanzibar provide an array of tourism related business and investment opportunities such as Hotel and restaurant services, Air charter and land transportation services and tourist guides services, and so on.
Large Water masses which include the Indian Ocean, Lake Victoria, Lake Tanganyika, Lake Nyasa, and several large rivers provide numerous business opportunities related to fishing, sea and lake transport, water supply for both domestic and commercial purposes, irrigation and electricity generation.
Tanzania’s strategic geographical location on the shores of the Indian Ocean makes it an outlet for several neighboring countries - Uganda, Rwanda, Burundi, Democratic Republic of the Congo (DRC), Malawi and Zambia. This strategic location provides numerous business opportunities related to sea, lake, road and rail transport, clearing and forwarding and insurance services.
Existence of large tracts of natural vegetation provides business opportunities related to lumbering, bee keeping and hunting activities.
AGOA -Tanzania is among AGOA-eligible sub Saharan African countries which have already qualified for full benefits provided under the African Growth and Opportunity Act of 2000 (AGOA). This provides opportunities for Tanzania exporters to export into the USA market quota on duty free basis. Tanzania is also among African countries whose exports to the European market enjoy preferential treatment under the EU “All products but Arms Scheme”. In addition, investing or doing business in Tanzania provides preferential access to the East African and SADC markets to which Tanzania is a founding member.
Financial Services
Corresponding to the expansion of the Tanzanian economy is increased demand for financial services, including banking, insurance and Bureau de Change, etc. which present attractive investment opportunities. Already there are several Banks operating in Tanzania. The major ones include the CRDB 1997 Ltd., Barclays Bank Tanzania Ltd., Diamond Trust Bank Ltd., Citibank Tanzania Ltd., NBC 1997 Ltd., Kenya Commercial Bank Tanzania Ltd., Akiba Commercial Bank Ltd., Standard Chartered Ltd., National Microfinance Bank Ltd. and the International Bank of Malaysia (T) Ltd. Others are Exim Bank Tanzania Ltd., Bank Of Africa Ltd., Habib African Bank Tanzania Ltd., Kilimanjaro Cooperative Bank Ltd., and the People’s Bank of Zanzibar Ltd.
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Zanzibar and Tanzania 
