Tanzania has a large and growing population, strategically located and abundant in natural resources and is politically stable. The country has a population of around 45 million and is the largest in East Africa. It is the main trade gateway for the five surrounding landlocked countries DRC, Rwanda, Burundi, Uganda and Zambia.
The country has bountiful natural resources, minerals in the form of gold, diamonds, copper, coal and recently discovered large deposits of natural gas along its coastline. The country has been a democracy since its birth in 1961 and has never suffered through a civil war and its governments have been elected democratically who have all been pro-business and have liberalized and opened up the Tanzanian economy.
Consequentially Tanzania has had a growth rate of around 7% for five years and has been dubbed by the world bank the 7% club, a group of countries who have been forecasted to achieve 7% or more real GDP growth over the next decade.
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