EU-Tanzania Business Forum

EU - Tanzania Business Forum

"Tap into Tanzania’s Investment Opportunities"

2324 February 2023   |   DAR ES SALAAM

About the forum
Programme Highlights
Invest in Tanzania
About the Forum
Programme Highlights
Invest in Tanzania
Logistics
Tanzania is one of the 10 fastest growing economies in Africa. This growth reflects the country’s sustained economic stability in a context of rich natural endowments and a strategic geographic position. Moreover, Tanzania's growth prospects are supported by an emerging middle class, and an increasing appetite for high-valued goods and services that European firms offer. The promotion of investments is a priority under the Government of H.E. President Samia Suluhu Hassan, who is committed to open the country to the global economy and has already started marketing Tanzania as a strategic destination for business. 

To support Tanzania in this important direction, the Global Gateway Africa - European Union (EU) strategic investment package for Africa - aims to support a strong inclusive and sustainable growth by accelerating the green transition, the digital transformation and decent jobs creation. It will be delivered through the EU, its Member States, and European Financial Institutions to support and fund concrete and impactful projects, but such investment cannot materialise without the full involvement of the EU and Tanzanian private sectors. 
One of the first steps towards this agenda will be the first event EU-Tanzania Business Forum, which will: 
  1. Showcase Tanzania’s opportunities and the comparative advantage for EU investors 

  2. Facilitate discussions among business peers, government officials and political leaders of both Tanzania and Europe, in view of catalysing new partnerships
     
  3. Offer tools for private investment (registration, work permit, rules of origin) and private sector development (access to finance, connectivity, skills development)

  4. Provide a platform for effective Private-Public dialogue to further improve the business environment 

The forum will focus on the following key sectors:  
Energy Transition
By 2044, the Tanzanian Power Sector Master Plan aims to shift the energy mix to 28% from hydropower, 33% from natural gas, 26% from coal, and just over 12% from wind, solar, and geothermal.
Agriculture
Tanzania’s agriculture sector—which contributes nearly one- third of the country’s GDP and employs 75 percent of the population—has the potential to increase incomes and improve livelihoods.
Manufacturing
Tanzania aims to become a middle-income economy and semi-industrialized country by 2025, for which the contribution of manufacturing to the national economy must reach a minimum of 40% of the GDP
Logistics
International trade constitutes a significant proportion of GDP in Tanzania, with exports and imports accounting for 31% and 50% of GDP respectively.
Connectivity
Transforming Tanzania into a more digital economy has centred 2022/23 budget of the Information, Communication and Information Technology Ministry, looking forward to investing heavily in the Digital for Tanzania (D4T) eGovernance Support Programme.
Construction
There has been a consistent, yearly increase in government spending on infrastructure this past decade which has acted as a stimulant for continued inflows of investments in the construction industry. The infrastructure sector has been the key beneficiary of 2021-22 budget as Tanzania commences the third phase of country’s Five-Year Development Plan.
Critical Minerals
Mining and quarrying activities had a very large contribution to Tanzania’s Gross Domestic Product (GDP) growth in the first quarter of 2021. The sector recorded 10.2% of the GDP.

The forum will offer a platform for direct interaction between:
Business-to-Business (B2B)
Firms and policy makers (B2G)
Companies and financing institutions (B2F)
Feb 23, 2023
06:00 - 07:00
Plenary

Introductory Panel: EU Global Gateway Investment in Tanzania: A Win-Win - Selous Hall

Panelists: - Amb. Jestas Abouk Nyamanga - Tanzanian Ambassador to the Kingdom of Belgium and Head of Mission to the European Union - Antti Karhunen, Director for Sustainable Finance - European...
Feb 23, 2023
07:00 - 08:00
Plenary

Opening Ceremony - Selous Hall

- Remarks by Olivier Becht, Minister Delegate for Foreign Trade and Economic Attractiveness - France - Remarks by Helena Konig, Deputy Secretary General - European External Action Service - Remarks...
Feb 23, 2023
08:30 - 09:00
Plenary

Tap into Tanzania's Investment Opportunities - Selous Hall

Panelists: - Gilead Teri - Tanzania Investment Centre (TIC) - Shariff Ali Shariff - Zanzibar Investment Promotion Authority (ZIPA) - Charles Jacob Itembe - Export Processing Zones Authority...
Feb 24, 2023
06:45 - 07:45
Break Out Room 1

Grow as a Tanzanian Firm: Establishing a Successful Business in Tanzania - Mikumi Hall

Panelists: - Ian Morrell – Rijk Zwaan (NL) - Latifah Khamis - Tanzania Trade Development Authority (TANTRADE) - Steven Kauzen - Tanzania Revenue Authority (TRA) - Emma Oriyo - European Union...
Feb 24, 2023
06:45 - 07:45
Break Out Room 2

Invest in Mainland Tanzania: Available Investment Opportunities - Selous Hall

Panelists: - Katherine Mwimbe Boehl - Domiya Estate - Tanzania Revenue Authority (TRA) Representative (TBC) - William Erio - Fair Competition Commission (FCC) - Benoit Araman – French Business...
Feb 24, 2023
09:30 - 11:30
Plenary

Closing Ceremony - Selous Hall

Closing Ceremony Speakers: - Special Remarks from Amb. Manfredo Fanti - Ambassador of the European Union to the United Republic of Tanzania and East African Community - Brief Address by Hon....

Investment climate in Tanzania

Key Business Environment/Investment Reforms

Tanzania offers a tremendous range of opportunities in all sectors; however, the government is prioritizing on key sectors such as Agriculture, Mining, Tourism, Manufacturing, Agro-processing, Pharmaceuticals, Real Estate and Livestock & Fishing. With Tanzania Investment Centre (TIC) as the primary agency for investment-related matters in Tanzania, the Government of Tanzania is looking forward to facilitating investment and growth with one of the fastest-growing economies in Africa.

The 6th phase government under H.E. President Samia Suluhu Hassan is determined and committed to opening up the country to the global economy through improved investment climate, mega infrastructures development in order to accelerate the smooth flow of the Foreign Direct Investments (FDIs) and Domestic Direct Investment (DDI) for the social and economic prosperity of Tanzanians. 

The government has been undertaking major legal and regulatory reforms in a quest to make Tanzania one of the best investment destinations on the continent. These reforms, which, cut across the board include tax regime, automation of investment procedures and processes, harmonization of institutions, land laws as well as unlocking hurdles that impede business growth.

Strategic Investment Projects

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The One Stop Centre

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VISA

Please note that the Government of the United Republic of Tanzania will issue an ordinary visa on arrival to everyone who will be attending this meeting and has a valid invitation letter. Visa will be issued upon payment of a visa fee of between USD 50 to 100 depending on the country of the participant. In order to benefit from this arrangement, you are required to produce your invitation letter and the proof of registration. Visas will be issued in accordance with the laws and regulations of the United Republic of Tanzania.

HEALTH REQUIREMENTS

In addition to visa and passport requirements, an international health certificate showing current yellow fever and COVID-19 immunization is required for entry into the United Republic of Tanzania.

As far as preventive measures against the spread of COVID-19 are concerned, all travellers are required to fill in an online Traveller's Health Surveillance Form within 24 hours before arrival to Tanzania Mainland. The form is available online here.

ACCOMMODATION

Confirmed attendees will be provided a list of recommended hotels that are in the vicinity of the forum venue.
Download Logistics Note

 
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