Tanzanian business investors have been advised to put some efforts to explore the US-sponsored African Growth and Opportunity Act (AGOA) markets like other investors from Kenya and Uganda.

The Chairman of East Africa Business Council (EABC), Mr. Anorld Kileo on March 13 said unlike its counterparts Kenya and Uganda, Tanzania was lacking behind in selling its products in AGOA markets despite being given additional time. He was addressing the Regional Meeting on Investment Promotion held at the Arusha International Conference Centre.

He noted that the private sector had made a difference in investment and called on the sector and government to collaborate in addressing economic issues in East African countries.

The Director General of East African Customs and Trade Directorate, Mr. Peter Kiguta said there was need for effective participation in the economy of East Africa because East Africa Region has potential market in Africa being the second after Nigeria.

Intra and interstate connectivity through road, rail, air and water makes the region ideal for investment.

Many parts of the East African Community offer soil and climate conditions ideal for a variety of agricultural products such as tea, coffee, fruits, flowers and vegetables.

The United Nations Industrial Development Organization (UNIDO) Chief for African Program, Mr. Felix Ugbor, said African countries faced various challenges such as the need to generate public domain data and information to allow agents to make rational decision.

Latest AGOA Trade Data currently available on AGOA.info


Click here to view a sector profile of Tanzania’s bilateral trade with the United States, disaggregated by total exports and imports, AGOA exports and GSP exports.

Other regularly updated trade statistics on AGOA.info include: (click each link to view)