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India - Tanzania Business and Cultural Council

Tanzania, located in East Africa, is known for its diverse landscapes including Mount Kilimanjaro and the Serengeti National Park. It's rich in wildlife and cultural heritage, with Swahili and English as official languages. The capital city is Dodoma.

Ambassador and Consul General

H.E.Anisa Kapufi Mbega High Commission of the United Republic of Tanzania in India has accepted the Honorary Membership of Global India Business Forum in the presence of its Global President, Dr. Jitendra Joshi GIBF and the embassy tanzania will be associated with each other in mutual cooperation to facilitate investment, trade and economic cooperation between the two countries.

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Gold Coconuts, Brazil Nuts, and Cashews,Raw Copper,Precious Metal Ore,and Dried Legumes

Transport equipment, Machinery, Constructions Materials, Oil, Fertilizers, Industrial Raw Materials and Consumer Goods.

About Tanzania

ABOUT Tanzania

Located in East Africa and set between Kenya and Mozambique, Tanzania has the largest land area among the East African countries. On the east, it borders the Indian Ocean. Tanzanias capital and principal commercial city, Dar es Salaam, grew remarkably well from a fishing village. The government offices in Dar were moved to Dodoma in 1996 making it the country`s political capital.
Tanzania is home to many hotspots like Mt. Kilimanjaro (Africa`s highest peak), Lake Victoria (Africa`s largest lake) and Lake Tanganyika (the world`s second deepest lake). Known for its ecological areas worldwide, Tanzania has numerous wildlife parks, including Gombe National Park, the site of Dr. Jane Goodall`s behavioral studies of chimpanzees.
Serengeti Plains have one of the largest, wildest animal populations in the world. It is very common to spot elephants, giraffes, wildebeests, ostriches, herds of impala, baboons, monkeys, lions, hippos, crocodiles, hyenas, zebras, dikdik, cheetahs and hundreds of others while moving on the Tanzanian landscape.

Business Opportunities in Tanzania

BUSINESS OPPORTUNITIES IN Tanzania

The top three sectors that have great potential in Tanzania include ICT, Infrastructure and Agribusiness. Mobile applications that can help develop local businesses are a huge opportunity for companies to explore. The government has invested heavily on infrastructure projects such as railways, roads and airports. This also creates opportunities for companies to sell technologies within these areas. Agriculture continues to be the major economic activity among most Tanzanians employing over 70% of the population. There is a room for companies to help farmers yield more produce by supplying them with their technologies.
Commercial farming has a good prospect in Tanzania because there is no scarcity of fertile lands, a good climate, and cheap labor in the country. Tanzania grows a variety of crops like maize, sweet potatoes, bananas, coffee, tea, etc. However, very few know the processing and preservation method of the crops. Hence food processing business will be a profitable venture. The potential in telecom and ICT in Tanzania remains largely untapped. But the potential is too great to ignore and movement in the sector has already showed that the country is on the right track. Solar power is in much demand in Tanzania as it is blessed with bright sunshine. With an abundance of natural resources like natural gas, oil and a lavish flora and fauna, the country has startling opportunities to offer to investors. A well-planned business with infrastructure and manpower and also the required machinery cant operate if it lacks the fuel to run them. That’s where Tanzanias energy sector comes into play. Every country’s economy runs on two things - smart minds and smart usage of energy.

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Exports and Imports In Tanzania

Overview In 2022, Tanzania was the number 75 economy in the world in terms of GDP (current US$), the number 104 in total exports, the number 82 in total imports, the number 163 economy in terms of GDP per capita (current US$) and the number 116 most complex economy according to the Economic Complexity Index (ECI).

Top Exports of Tanzania

The top exports of Tanzania are Gold ($3.34B), Raw Copper ($1.31B), Refined Copper ($384M), Copper Ore ($288M), and Coconuts, Brazil Nuts, and Cashews ($286M), exporting mostly to India ($2.73B), United Arab Emirates ($1.07B), South Africa ($939M), Kenya ($482M), and Rwanda ($474M).

Top Imports of Tanzania

The top imports of Tanzania are Refined Petroleum ($5.19B), Refined Copper ($1.17B), Vaccines, blood, antisera, toxins and cultures ($432M), Packaged Medicaments ($368M), and Cars ($318M), importing mostly from China ($6.54B), India ($4.05B), United Arab Emirates ($2.48B), Democratic Republic of the Congo ($1.17B), and Saudi Arabia ($548M).

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