Read the Country Risk Quarterly interactive guide for valuable insights on rapidly changing global markets, new opportunities and the latest political and economic risks that could affect your business.
Tanzania is politically stable and its economy is heavily reliant on agriculture and mining, making it vulnerable to extreme weather conditions and commodity price fluctuations. The country’s natural resources are abundant, including mining deposits (gold, diamonds, coal), and its economy is expected to steadily grow, driven by mining, telecoms and infrastructure investments. Tanzania has transitioned to a market economy, but the government retains a presence in sectors such as telecommunications, banking, energy, and mining. Recently, the country invested heavily in rehabilitating its aging infrastructure, including rail and port, which provides important trade links for landlocked countries.