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AfricaMay 1 2019

Why are investors wary when Tanzania is booming?

A robust economy, booming population and favourable geographic location are putting Tanzania on investors' radars. The government is now planning massive infrastructure projects but how friendly is it to foreign investors? Jason Mitchell reports.
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Tanzania’s economy has doubled in size during the past decade-and-a-half and is set to carry on expanding at more than 6% annually during the next few years, according to the International Monetary Fund (IMF).

The large African country – which borders eight countries, including Kenya and Uganda in the north, Mozambique in the south, and Zambia and the Democratic Republic of the Congo in the west ­– has consistently enjoyed one of the world’s fastest economic growth rates during the past 10 years.

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