The World Bank said Tuesday that Tanzania’s economy will grow by 5.8% in 2020, compared to 5.6% in 2020, a figure that would be 6.1% in 2021.
President John Magufuli’s government has invested billions of dollars in an ambitious industrialization movement that includes the construction of a new railway line, the revival of the national airline and a hydroelectric power plant investment.
However, government intervention in sectors such as mining and agriculture led to a decline in foreign investment in East Africa’s third-largest economy.
CENTER FOR AFRICAN STUDIES
Center for Africa Studies (AFRAM) which located in Ankara, is an organization facilitating under the administration of African Affairs Council (AFAC). It makes various researches about Africa to enhance economic and cultural bounds between Africa and Turkey. AFRAM’s publishings has been shared with different institutions as they require to obtain.
Africa Observatory is one the publishing of AFRAM and it has been published each two weeks. It has been delivered to different institutions via e-mail.