Tanzania is likely to emerge in the coming months as the fastest growing economy in Africa in 2020.
This projection is based on data collected by Citi Researchers for Q3, 2020 which puts Tanzania’s Gross Domestic Product(GDP) growth at 4.8% in 2020.
“In part, this reflects that the country has had no significant national lockdown robust agricultural sector growth. Meanwhile, the government has not published COVID-19 data since May 2020 largely on the grounds that the pandemic had been defeated in the country,” said Citi in its recent Africa Economics and Strategy Weekly.
“While public debate on COVID-19 seems to have ended, in late January 2021, the World Health Organization (WHO) formally encouraged the Tanzanian government to prepare for the vaccine and put preventative measures to protect their population. Dar es salaam was also requested to share data on the COVID-19 situation with WHO and neighbouring countries”. the report notes.