Africa: Tanzania Flying Economy Brightens Africa Growth

Tanzania is among Africa's top economic performers expected to brighten Africa growth outlook of 3.0 trillion US dollars by 2030, according to Ernst & Young's 'Attractive Programme Africa 2017' report.

With growth forecast of 7.1 per cent in 2017, albeit slight down from earlier projections of 7.2 and enjoying the longest run of economic growth averaging seven per cent per year for over a decade, Tanzania has been grouped with other East African countries with a relatively shorter run of un interrupted growth which are expected to attract business investments from Gulf region investors ahead of a major investment meeting later this year.

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