More about Flaviana later, first....
Economic growth. Most exciting to me is the news that Tanzania's economy is expected to grow by 7.3 percent in 2007, up from 6.2 percent in 2006, according to a government planning agency. You may recall that growth in 2006 was reduced by the extensive power failures that occurred when drought cut off the hydro electricity supply.
The 7.3% figure is very exciting because 7% growth is required if Millennium Development Goals are to be achieved by 2015 and living standards raised. As a reference point, it is handy to know that Australia’s growth rate was 2.8% in 2006.
Africa Competitiveness Report. Good government policies, better access to finance and more infrastructure are all needed if Africa is to expand its economy. Corruption and lack of skills, energy and transport are the main bottlenecks to improving productivity and making the continent more competitive in global markets.
These are among the main findings of “Africa Competitiveness Report 2007,” a 255-page study released today ahead of the opening of the World Economic Forum on Africa in Cape Town, South Africa. The competitiveness study is the first research on Africa carried out jointly by the World Economic Forum, the World Bank, and the African Development bank.
Speaking at the launch, Senior Forum Economist Jennifer Blanke said the economic outlook for Africa is positive and that Africa's economy has grown in the last five years. The rest of the world, however, is growing at a much faster pace.
Investing in Tanzania. Which countries are investing in Tanzania? In the top ten are:
- Britain with projects worth US$ 1,115m.
- Kenya, which shares a border with Tanzania. Projects valued US$ 958.21m.
- South Africa
- USA, Germany, UAE, Botswana.
Miss Tanzania. Finally, we know that Tanzania is engaging on all fronts when its cricket team plays in an international competion in Australia, and when Tanzania enters the Miss Universe competition! This is its first year in the competition, represented by Flaviana Tatata, an electrical technician.
What do you want the judges to know about you?
I am an electrical technician by profession as well as a top model in my country. I never let anyone define me neither by hair nor clothing as I believe God made me perfect as a pure, natural African woman.
I get the impression that Tanzania is on the move!
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