Recently I went to Dar es Salaam Tanzania exploring opportunities within the country. I asked a question to one of my local partners on reforms under the current president. His answer demonstrated maturity and the reason of political stability in this country.

He said: ” Our former president we used to call him, the bulldozer. He sets up a path for investors, Mama Samia is completing what has been done as a Mama.” The current president of Tanzania, H.E Samia Suluhu Hassan known as Mama Samia became the country’s first female president on 19 March 2021 after the death of President John Magufuli. 

She was deputy to her predecessor, a Muslim with roots growing up in Zanzibar. Her swearing-in is a perfect example of political stability in Tanzania.

Now let’s look at the country’s economy from the Citizen source:

• IMF predicts positive Tanzania economic growth 2022 at 4.8%
• Big rise in investment in Tanzania economy in 2022 at $ 787 millions in first quarter compared to $450.56 million in 2021(74% growth). 
• TIC signed $1.1bn FDI in Tanzania March 2022.
• At Expo 2020 in March 2022, President Samia signed 36 MoUs with the UAE total investment at $7.49b, 204.575 projected job creation.