ENTREPRENEURSHIP IN TANZANIA

Entrepreneurship in Tanzania is increasing exponentially as the county transitions from an agriculture-based economy to a knowledge-based economy. Most of the growth is being spearheaded by young women selling agricultural and home-based goods such as catering and arts and crafts. For the foreign investor, there are many opportunities available as the country modernizes and privatizes governmental units. Unlike other countries in the region, the government is focusing mainly on industrial development instead of tourism. The country also is seeking assistance from foreign investors and NGO’s to develop the local workforce. The country is encouraging entrepreneurism amongst its people so Tanzanians can become self-sufficient and not depend on foreign aid for survival.