Overview
Tanzania is a thriving East African nation with a growing economy, strategic location, and abundant resources. Businesses looking to expand into Africa will find Tanzania a lucrative opportunity due to its robust market, infrastructure development, and pro-business policies.
Key Statistics
- Population: 65 million (2024 estimate), with a median age of 18. Tanzania has a youthful and dynamic workforce.
- GDP Growth: 5.2% in 2023, making it one of the fastest-growing economies in Sub Saharan Africa.
- Urbanization Rate: 34.5%, with major cities like Dar es Salaam experiencing rapid growth.
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Tanzania: A Prime Destination for Business
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