Tanzania FDI on the Rise

A recent article from IPP Media reports that Tanzania expects to realize a 16% increase in Foreign Direct Investment (FDI) in 2007. The main sectors attracting foreign investors are mining, tourism, manufactuing and telecommunications. Emmanuel Ole Naiko, executive director of Tanzania Investment Centre (TIC) hopes to attract more investments in the agricultural sector because more than half the country's 40 million people rely on agrarian products for its livelihood.