Tanzania provides one of the most attractive investment environments in Africa following its embrace of open-market economic policies starting in the mid 1990’s. Privatisation of state industries, investment incentives and a liberalised foreign exchange controls have all contributed to its success in attracting foreign investment in the last twenty years. Given the country’s rich endowment of mineral resources principally gold, diamonds, gemstones and more recently nickel and uranium, mining has been one of the main sectors to have benefited from Government reform and investment incentives.
Peaceful and stable, the Botswanan government has an emphasis on transparency and is working to establish the country as a centre for innovation and investment in Africa. Benefits of operating in Botswana include low taxes, no foreign exchange controls or restrictions on business as well as consistent government investment in core infrastructure. As such it has been ranked as the world’s second most attractive investment location by New York University’s Altman’s Baseline Profitability Index.
Mozambique’s current generating capacity is 2,200 MW, predominantly supplied by hydropower which is regularly impacted by severe droughts. Currently only 30% of the population has access to electricity though most of the power is exported to neighbouring South Africa. Demand for power internally grows steadily between 6-8% per year and about 20% in the north where most of the mining operations are located.