The Country profile of Tanzania.
Tanzania has been spared the internal strife that has blighted many African states. Though it remains one of the poorest countries in the world, with many of its people living below the World Bank poverty line, it has had some success in wooing donors and investors. Tanzania assumed its present form in 1964 after a merger between the mainland Tanganyika and the island of Zanzibar, which had become independent the previous year. Unlike many African countries, whose potential wealth contrasted with their actual poverty, Tanzania had few exportable minerals and a primitive agricultural system. In an attempt to remedy this, its first president, Julius Nyerere, issued the 1967 Arusha Declaration, which called for self-reliance through the creation of cooperative farm villages and the nationalisation of factories, plantations, banks and private companies. At a glance *. Politics: Tanzania has enjoyed stability. Multi-party politics was introduced in 1992 *. Economy: Annual growth rat...