And where does Tanzania fit into this narrative?
Situated at the heart of Africa, Tanzania shines as a land of immense promise. Within its breathtaking landscapes and vibrant culture lies a vision—an aspiration to invest in Tanzania’s dream. This dream transcends mere economic growth; it revolves around providing prosperity for its people and our planet, all while ensuring that no one is left behind. To realise this dream through investments, the Tanzania Investment Centre has crafted a market intelligence tool called the SDG Investor Map. This tool empowers the private sector with data and insights to drive responsible investment. It follows UNDP’s 8-step methodology, considering Tanzania’s unique market conditions and providing investors with crucial information, including ticket size, indicative rates of return, and market entry points. In alignment with #Agenda2030, Tanzania continues to forge a path where everyone can invest in Tanzania’s dream, recognising the expanding financial gap required to finance the Sustainable Development Goals.
When all is said and done, responsible investment remains the cornerstone of Tanzania’s dream, propelling each dimension of its vision. It serves as the catalyst propelling the nation toward sustainable growth, prosperity for its people, and environmental preservation. One vital element in realising this dream is the AfCFTA’s Investment Protocol, which ensures a predictable and transparent regulatory framework for investments across the continent.
Our message is clear: Together, we’ve made remarkable progress. Tanzania is already seizing the opportunities presented by AfCFTA, with exports to various African nations. These achievements were facilitated by UNDP’s efforts to build export capabilities in priority sectors identified in the AfCFTA National Implementation Strategy.
Tanzania’s journey with AfCFTA exemplifies the power of partnerships, commitment, and inclusivity. Yet, we acknowledge that we are not done; our journey continues together.
This blogpost was written by UNDP Tanzania Trade and Investment Expert, Miriam Mondosha
Source link : https://www.undp.org/tanzania/blog/investing-tanzanias-sustainable-future-role-afcfta-and-responsible-investment
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Publish date : 2023-12-29 08:00:00
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