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Tanzania

The original report was published in The Independent on Friday, December 9, 2011
Jakaya Mrisho Kikwete, President of Tanzania
December 9, 2011, marks the 50th anniversary of independence for the East African nation of Tanzania.
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50th Anniversary Independence of Tanzania Mainland
1961 - 2011 we dared, we succeeded, we are forging ahead
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While agriculture and tourism form the backbone of the Tanzanian economy, in recent years mining has been playing an increasingly important role.
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Stunning natural beauty, ongoing government investment and public-private partnerships have made Tanzanian tourism a lucrative business
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Information and communications technology (ICT) has grown significantly in Tanzania over the course of the past decade, as telecommunications have penetrated nearly every corner of Tanzania’s economy.
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Tanzania’s GDP has grown dramatically in recent years sparking a telecoms boom.

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Mizengo Peter Pinda, Prime Minister of Tanzania
Moving on from its socialist past, Tanzania is creating an open, forward-thinking economy
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US Secretary of State Hillary Clinton speaks with Tanzanian women farmers at Mlandizi Farm Women's Cooperative in Mlandizi, Tanzania
Tanzania is well positioned to benefit for an increase in world food demand
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Global sugar production increased by 5.5 per cent in 2010-11 to a record 167 million tonnes, and Barclays forecast a 2.1 per cent year-on-year rise in demand for sugar in 2011-12. Sugar prices have soared from $400 to $900 per tonne in two years.

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The sheer size of the country creates challenges for Tanzanian transport
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Banking reforms, solid macro-economic policies and significant investment from the IMF and World Bank have boosted Tanzania’s recent economic performance. In 2009-10, the country bucked global trends, increasing GDP by 6 per cent year-on-year.
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The energy sector offers interesting opportunities for canny investors
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World Report

LOCATION:   
Eastern Africa, bordering the Indian Ocean, between Kenya and Mozambique
 
AREA:   
total: 947,300 sq km

CLIMATE:   
varies from tropical along coast to temperate in highlands
 
NATURAL RESOURCES:   
hydropower, tin, phosphates, iron ore, coal, diamonds, gemstones, gold, natural gas, nickel
 
LANGUAGES:   
Kiswahili or Swahili (official), Kiunguja (name for Swahili in Zanzibar), English (official, primary language of commerce, administration, and higher education), Arabic (widely spoken in Zanzibar), many local languages
 
RELIGIONS:   
mainland - Christian 30%, Muslim 35%, indigenous beliefs 35%; Zanzibar - more than 99% Muslim
 
POPULATION:   
42,746,620 (July 2011 est.)
 
GOVERNMENT TYPE:   
republic
 
CAPITAL:   
name: Dar es Salaam

GDP (purchasing power parity):   
$58.44 billion (2010 est.)

AGRICULTURE - products:   
coffee, sisal, tea, cotton, pyrethrum (insecticide made from chrysanthemums), cashew nuts, tobacco, cloves, corn, wheat, cassava (tapioca), bananas, fruits, vegetables; cattle, sheep, goats
 
INDUSTRIES:   
agricultural processing (sugar, beer, cigarettes, sisal twine); diamond, gold, and iron mining, salt, soda ash; cement, oil refining, shoes, apparel, wood products, fertilizer
 
EXPORTS:   
$4.297 billion (2010 est.)

IMPORTS:   
$7.125 billion (2010 est.)