New chamber of commerce to guide opportunities for Irish businesses in Tanzania
2019-05-01 14:58:28 -

By Staff Reporter


Irish businesses and start-ups are set to benefit with the newly established Tanzania Chamber of Commerce in Ireland.


The chamber was launched recently at the Tanzania Investment Conference in Stockholm.


Its founder, first CEO and president is Edna Lyatuu Hogan, who is married to an Irishman and has been living in the Republic for just over 10 years.


Lyatuu Hogan is a banker by profession, former CEO of an Irish international social enterprise in Africa, a businesswoman and published author.


In setting up the chamber, she said she hopes to echo the heads of state of Ireland and Tanzania – respectively, Michael D Higgins and John Pombe Magufuli – who have both made efforts to attract investment and promote tourism in their countries.


The chamber’s advisor is Maurice Buckley – founder, CEO and president of the Ireland Chamber of Commerce ­- United States, which promotes business between the USA and Ireland.


It is hoped that his experience in contributing to Ireland’s recent economic recovery on the world stage will also bring success to the newly established Tanzanian Chamber.


“I saw an opportunity and I grabbed it,” Lyatuu Hogan said in reference to setting up the chamber. “The success story of Ireland is also a contributing factor. In the last 25 years the Irish Government, together with its diaspora, have been instrumental in encouraging investments in Ireland. American investments alone in this tiny country of less than five million people is estimated at $385bn.


“It’s stories like this that inspire me to go that extra mile and do something for both my adoptive country Ireland and my birth country Tanzania.”


Another factor was the lack of a Tanzanian embassy in the Republic.


“I thought, if I set up the chamber, Tanzania will have a mark in Ireland and the rest of Europe in the business world as the chamber will be the connector for trade and investment purposes,” she said.


“We hope through the chamber that we can provide professional assistance and guidance to drive more investments to Tanzania, and enhance trade links between Tanzania, Ireland and the USA.”

TAGS : Tanzania commerce Chamber of Commerce economy
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