Market opportunities in Tanzania and Rwanda 

Tanzania is an important regional logistic hub

Tanzanian government has prioritized improving the business environment in the country. Despite the difficult global situation brought on by the Russian invasion in Ukraine, Tanzanian economy has continued to grow and the country’s administration has been able to fight inflation effectively. Tanzania is an important regional logistic hub with a fast growing population and vast natural resources. Finland's reputation is good, and there are market opportunities for Finnish companies, especially in the logistics, energy and mining sectors, as well as forestry and agriculture. 

Rwanda invests in attracting foreign companies

Rwanda is considered as the star of Africa because of its functional and efficient business environment. It has repeatedly performed very well in the World Bank's Ease of Doing Business index, where it ranked 38th in 2020 (higher than some EU countries) and second in Africa. Rwanda has invested in attracting foreign companies, by reducing the bureaucracy associated with starting a business and by developing digital services. Business opportunities for Finnish companies can be found especially in the circular economy, logistics and mining industries.  

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