Hyatt Regency – Dar es Salaam
An executive-led summit bringing together key government and business leaders from the U.S. and Tanzania.
The summit provided opportunities to engage and develop relationships with Tanzania businesses and government executives, learn more about Tanzania government priorities, and present U.S. company products and solutions to help the Tanzania government achieve its economic goals.
The summit focused on the following priority sectors:
- Healthcare
- Technology
- Manufacturing
- Agriculture
- Travel & Tourism
ABOUT TANZANIA
Tanzania is a member of the East African Community (EAC), Southern African Development Community (SADC) and the Africa Continental Free Trade Agreement (AfCFTA), which provide access to a market of 500 million people and a potential market of 1.3 billion people. As of 2023, Tanzania is covered by the African Growth and Opportunities Act (AGOA), which grants Tanzanian goods duty-free access to the U.S. market.
Tanzania is a country of amazing promise and opportunity. Key factors include:
- A growing population of 60 million people
- It has one of the fastest-growing economies in Sub-Saharan Africa (GDP of $62.4 billion)
- Its economy is poised for more growth
- The country enjoys low inflation, a stable labor force, and strong economic performance
- As a portal country, Tanzania coordinates consolidated purchasing for eight surrounding countries (Kenya, Uganda, Rwanda, Burundi, Democratic Republic of Congo, Zambia, Malawi and Mozambique)
- May 2023, Moody’s Investors Service assigned Tanzania B2 Positive rating
- June 2023, Fitch Ratings assigned Tanzania B Positive with a stable outlook