Why Invest in Tanzania.
1. Political stability
2.Business-friendly Macro-Economic Stability with low inflation (4.2%),
3.Tanzania Investment Centre which is a one-stop-facilitation agency of government serving registered investors and businesses.
4. Incentives to investors with room for negotiating benefits to strategic investors.
5. Tanzania has access to India oven and sits between six land locked countries.
18
Nov
Thanksgiving Gala
18:00 -
Hyatt Regency Hotel
Africaโs powerhouses: 10 LARGEST economies on the continent in 2023: AFRICA is at a crossroads of economic hashtag#transformation in 2023, with the continentโs ten major economies serving as significant drivers. These economic powerhouses are molding the story of a dynamic and diverse hashtag#continent, each with its own set of strengths and difficulties.
African economies face challenges such as hashtag#poverty, hashtag#inequality, hashtag#corruption, and hashtag#conflict, but they also benefit from a young, expanding hashtag#population, enormous resources, and growing global linkages. Governments strive for advancement by investing in hashtag#education, hashtag#healthcare, and hashtag#infrastructure, all the while trying to maintain regional peace and stability.
From hashtag#Nigeria, the continentโs largest economy, to the vibrant economic landscapes of hashtag#Egypt, hashtag#SouthAfrica, and beyond, these nations influence regional dynamics and leave a lasting imprint on the global stage.
These 10 economies are driving the continentโs economic growth and are becoming more significant in the global economy, according to trading economics.
Nigeria ๐ณ๐ฌ has Africaโs largest economy, with a GDP of $477.38 billion in 2023. Nigeria is a big oil producer with a population of more than 225 million people. Its economy is mostly driven by oil exports, rendering it sensitive to global oil price changes. Despite this, Nigeria has a booming services industry, a young population, and diversification possibilities.
Egypt ๐ช๐ฌ is Africaโs second-largest economy, with a GDP of $475.23 billion in 2023. With a millennia-long history, the country has a diverse economy, with agriculture, manufacturing, and services all playing important roles. Tourism is a significant contributor, attracting millions of visitors to experience the pyramids and temples. In 2023, the countryโs population is estimated to be 113 million people.
South Africa ๐ฟ๐ฆ with a GDP of $405.71 billion in 2023 is Africaโs third-largest economy. It has a thriving mining industry, manufacturing, and a rising technological industry. However, the country is confronted with issues such as significant unemployment, the countryโs population is estimated to be 61 million people.
hashtag#Algeria ๐ฉ๐ฟ is the continentโs fourth-largest economy, with a GDP of $195.42 billion.
hashtag#Morocco ๐ฒ๐ฆ is Africaโs fifth-largest economy, with a GDP of $138.05 billion.
hashtag#Angola ๐ฆ๐ด with a GDP of $121.42 billion in 2023, Angola is Africaโs sixth-largest economy.
hashtag#Ethiopia ๐ช๐น is Africaโs seventh-largest economy, with a GDP of $120.37 billion.
hashtag#Kenya ๐ฐ๐ช is Africaโs eighth-largest economy, with a GDP of $115.99 billion.
hashtag#Tanzania ๐น๐ฟ has Africaโs ninth-largest economy, with a GDP of $77.06 billion.
hashtag#Ghana ๐ฌ๐ญ is Africaโs tenth-largest economy, with a GDP of $72.84 billion.
Read the full article: https://lnkd.in/eW8PNVgJ