Dar es Salaam, Nov. 24 -- TANZANIA has been among the countries benefitting from export diversification that help hedge against adverse terms of trade shocks by stabilising export revenues and the negative impact of terms of trade in primary products.

According to the Export diversification in African countries, 2018 report, Tanzania is one of the sixth African countries with highest export diversification that reflects the concerted efforts put by the government recently in driving up industrial sector.

The other countries mentioned alongside Tanzania in the report are South Africa, Tunisia, Egypt, Morocco and Djibouti. For example, the enabling environment put by the fifth phase government in the past five years has led to the establi...