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Africa’s New Manufacturing Hub

Tanzania stands out as one of the fastest-growing economies in Africa, offering political stability, investor-friendly policies, abundant natural resources, and vast untapped opportunities. Strategically positioned in East Africa, with a population exceeding 65 million, Tanzania is emerging as a regional hub for trade, logistics, and industrial growth. Over the past decade, Tanzania has maintained a robust average economic growth rate of 7%, culminating in its transition from a low-income to a lower-middle-income country as of July 1, 2020 — five years ahead of the Vision 2025
target, according to the World Bank.

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