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Tanzania Is A Favourable Investment Destination, Come And Do Business – Tanzanian Diplomat

Reporter by Reporter
June 9, 2024
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Tanzania Is A Favourable Investment Destination, Come And Do Business – Tanzanian Diplomat
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‘Get In Touch With Me Let’s Do Business With Tanzanians’, Diplomat Tells Nigerians

At the Strategic Investment Forum organized for Nigerian investors by the High Commission of The United Republic of Tanzania through the Tanzania Investment Centre, Honorary Consul of the United Republic of Tanzania to Lagos State and former President of Lagos Chamber of Commerce and Industry Toki. Mabogunje urged Nigerian investors to reach out to her for enquires in doing business in Tanzania.

We gathered that Toki said there is so much Tanzania has to offer to the world ditto Nigeria considering their respective comparative advantage.

In her own words, she said; “So many people don’t know much about Tanzania. Since independence, they have not had a military coup intervention. They have peace in that country, they’ve had such a stable political environment.

“On top of it, with the coming of AFCFTA, which we all know about, Tanzania is the first to sign up. They are one of the first eight countries that signed up to the AFCFTA. They quickly committed to the idea of one market of the continent of Africa.

“So there is economic stability and there is political stability. They have some of the best investment, incentives in the continent, they have a great economic environment, there ease of doing businesses is really really good.

” I want the participants of this forum to Get in touch with me at the Tanzania high commission, let’s do business with Tanzanians.

“Nigeria are great investors. We already have pioneers in Tanzania. Quite a few Nigerian companies are there, I have spoken with some of them and they are all doing very well. Let’s join the bandwagon, let’s move from being in the top ten investors in Tanzania to the top five”. She said

 

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