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Tanzania business opportunity
Opportunities for Investment in Tanzania

Agriculture

Agriculture has been destroyed by both internal and external factors. However, revival of the sector can provide European companies with a number of primary products desirable by their citizens and the world over. This is essentially coffee, cotton, tea, cashew nuts, cocoa, vanilla. These products account for about 48 percent of Tanzania's GDP, provide 65 percent of total export earnings and are by far the largest employer. The sectors annual growth rate declined from 4% in 1999 to 3% in 2000 as a result of low short and main rainfall seasons, pests and inadequate availability and distribution of inputs.

The introduction of free market economy in 1985 has had a positive effect on the sector.

Posted by admin at Dec 27, 2011 4:34 AM Category: Business
Tags: tanzania business opportunity, investment opportunity

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