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• Tanzania's gold mine production will see an average annual growth rate of 1.5% during 2021-2030 compared to 1.9% over the last decade as mining regulations become stricter.
• From 2022 onwards, gold production growth in Tanzania will gradually slow on the back of resource nationalism in the country and continuity of stringent mining

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• Despite the recent resumption of talks between project partners and the Tanzanian government regarding the Tanzania LNG (TLNG) project, LNG exports from Tanzania remain outside of our 10-year forecasts due to the fiscal and regulatory uncertainties facing investors.
• Tanzania possesses vast gas resources and the same geographical

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• At Fitch Solutions, we forecast the current account deficit in Tanzania to widen from an estimated 1.2% of GDP in 2020 to 2.1% in 2021.
• This will mainly reflect the challenges facing the tourism sector and recovering imports.
• We forecast the current account deficit widening further to 3.0% in 2022, as global gold prices flatten and

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• After large-scale infrastructure projects have mostly shielded Tanzania's construction industry from the pandemic's impact throughout 2020, we forecast the country's construction industry to expand by 14% in 2021, up from 8.6% previously forecast.
• In the medium term, we expect infrastructure projects, including the standard gauge

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• The development of the Kabanga nickel project in northwest Tanzania will help decrease supply concerns for battery-grade nickel for the electric vehicle (EV) market.
• Previous exploration activities carried out by former owners, Barrick Gold and Glencore, will reduce the development timeline, adding upside risk to the near-term global

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• We at Fitch Solutions forecast real GDP growth to increase from an estimated 3.0% in 2020 to 5.2% in 2021.
• Stronger private consumption will drive economic growth, while external headwinds to growth will prevent a more robust economic recovery.
• In 2022 we expect growth to accelerate to 6.2%, reflecting a continued improvement in

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• The shortage of healthcare staff is a major challenge faced by Tanzania's healthcare sector.
• Tanzania's government continues to invest heavily in the healthcare sector.
• Digital health can help tackle some workplace inefficiencies.

The shortage of healthcare staff is a major challenge faced by Tanzania’s healthcare sector. On

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• We maintain a negative outlook for private-sector opportunities in Tanzania's infrastructure sector, as a track record of tender cancellations or re-nationalisations points to heightened operating risks and will continue to deter private investors.
• Revenue risks will weigh on foreign investors’ interest in Tanzania’s infrastructure

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• Ongoing government infrastructure projects in Tanzania will provide a solid rebound in demand for commercial vehicles in 2021.
• Long-term opportunities for commercial vehicle demand are present as increased road freight between Tanzania's East African neighbors with the construction of the Kigongo-Busisi bridge, will enablie more