To tap the growing potential of the Tanzanian market, the 15th editon of the Tanzanian Trade Show will be held from February 21-23, 2020. Setting new highs for participation from over 20 countries and visitors from over 12 African countries, TTS 2020 will enable international companies to showcase their products and services in the developing markets of Tanzania and other East & Central African countries. It will also provide International and Tanzanian Enterprises an opportunity to showcase their distinctive products and explore the current requirement of the market.

Tanzania is the major distribution hub to the 410 million consumer market of East Africa as it has one of the busiest ports in the region. With its own population of approximately 50 million, it is one of the best countries to target in Africa as it boasts of a long history of peace and political stability. It is also one of safest places to travel with a booming business and a fast growing economy compared to other countries in the region.

The overall performance of the Tanzanian economy remains strong with a high rate of growth, and a low rate of inflation over the past five years. The country’s GDP grew to US$ 44.5 billion n 2016 from US$ 31.4 billion in 2010. Its annual GDP growth rate averaged 7 per cent over the past 5 years, making it one of the 20 fastest growing economies in the world and beating the Sub-Saharan Africa average GDP growth rate of 4.4 per cent during the same period. Its imports grew by 27 per cent, from US $ 9.8bilion to US$12.5 billion in 2016.