Tanzania: Unveiling the Serengeti of business opportunities
Tanzania, the land of the Serengeti and the majestic Kilimanjaro offers a safari of business opportunities for international companies. This East African nation boasts a rich cultural heritage and a GDP exceeding €71 billion. With a growth trajectory exceeding 5%, Tanzania presents an exciting frontier for those seeking to expand their business reach.
Driving forces of Tanzania’s economy
Tanzania’s economy thrives on diversity, with sectors including agriculture, minerals, tourism, and telecommunications driving growth and innovation. Factors like competitive exchange rates, access to finance, foreign direct investment inflows and infrastructure spending are contributing forces behind Tanzania’s economic performance and growth prospects in recent years.
Main economic opportunities in Tanzania
Agribusiness oasis
Tap into Tanzania’s fertile lands and agrarian heritage, where agricultural initiatives and value-added processing ventures promise sustainable growth.
Services sector
The services sector is the biggest contributor to Tanzania’s GDP. Key sub-sectors like financial services, transport, storage, trade and repair are driving growth in this tertiary sector.
East African Community (EAC) gateway
Tanzania’s strategic location and port gateway provide access to the broader East African market, offering a combined consumer base of over 500 million.
Larive’s local partner since 2010
Lattice Consulting represents the Larive Group in Tanzania. The team supports clients with business intelligence, market entry and growth strategies, implementation and post-entry services.
Entering new markets, especially in the dynamic East African region, can be a daunting task. Lattice, the Larive Group partner since 2010, understands the intricate legal and regulatory landscapes, cultural nuances, and business practices specific to East Africa. With our guidance, you can navigate these complexities with ease, minimizing risks and maximizing opportunities.
Succes stories from Tanzania
A selection of relevant projects
Embark on your Tanzania journey with Larive
Embark on a journey of discovery and growth in Tanzania’s dynamic business landscape. Let Larive and Lattice be your trusted guides, navigating the intricacies and unlocking the vast potential for your business success in the heart of East Africa.
