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Tanzania Section Page

BOSTON'S BABSON COLLEGE SENDS MBA STUDENTS TO TANZANIA

The East African Country Attracts High level Academic Travel Programs

Tanzania, the largest country in East Africa and one of the most conducive to international business investment because of its stability, has been attracting increasing numbers of Academic Travel Programs. A recent January trip to Tanzania - home to some of the most spectacular land and wildlife in the world - was undertaken by Babson College in Boston, Massachusetts.

"Tanzania is an ideal subject country to study from different cultural, ecological, natural and economic points of view," said Peter Mwenguo, Managing Director, Tanzania Tourist Board.  The Babson College Offshore Elective on "Tanzania::Business and Poverty in Sub-Saharan Africa" selected Tanzania because it has one of the fastest growing economies in Africa and its private sector has great potential to play a pivotal role in eliminating still existing poverty. Tanzania's stable government, free capital markets, and successful reputation at the World Bank offer unique opportunities for economic growth.

Prof.Miquel Rivera-Santos, who led the Babson MBA students, commented, "I came back from Tanzania enthusiastic about the country's potential. Its long-lasting stability and recent economic performance bodes well for the future. On a personal note, not only am I now planning to take another group of students on a similar trip next year, but I am also exploring possibilities to write case studies and conduct research.Tanzania is definitely a country I will be going back to in the near future."

Rumit Mehta, who assisted in designing and organizing the comprehensive visit through his AfricAwarness programs at Safari Ventures, said, " Emerging markets, a wealth of natural resources, global investment opportunities and stable governments concerned about improving their citizen's quality of life are of interest to all business students today. Furthermore, Africa is rapidly becoming a major player on the world stage and an un-tapped site for academic research and observation. And Tanzania is ideal in all criteria for this type of study". Other universities, including Yale School of Management and Pace University's Lubin School of Business, have taken part in the AfricAwareness series.

In Tanzania, Safari Ventures assisted in arrangements for students to meet with political, business, academic, and community leaders. Visits included micro-finance institutions, such as Selfina and Belita in Dar-Es-Salaam; government agencies, including TASAF, an agency created with the goal of alleviating poverty; NGO-led initiatives, such as a milk processing facility near Arusha and a local radio station; social entrepreneurial ventures, like Shanga, near Arusha; the University of Dar-Es-Salaam Entrepreneurship Center; the Dar-Es-Salaam Stock Exchange; and established firms, including Shelys Pharma in Dar-Es-Salaam and Burka Coffee near Arusha. Students were also given the unique opportunity to meet with Ambassador Daudi Mwakawago, the former ambassador of Tanzania to the United Nations, and with Ambassador Mark Green, the current ambassador of the United States to Tanzania. Not all was academic, however. The group also went on a safari to Tarangire&emdash;one of Tanzania's National parks in the North.

As their main grading point for the course, students were asked to prepare and present a recommendation to help three women who had been granted micro-finance loans to increase their small businesses. These presentations will be filmed and sent to the three women, who will help assess how useful the recommendations are and grade the presentations accordingly.

 

About Tanzania

Tanzania, the largest country in East Africa, is focused on wildlife conservation and sustainable tourism, with approximately 28 % of the land protected by the Government. It boasts 15 National Parks and 32 game reserves. It is the home of the tallest mountain in Africa, the legendary Mt. Kilimanjaro; The Serengeti, named in October, 2006, the New 7th Wonder of the World by USA Today and Good Morning America; the world acclaimed Ngorongoro Crater, often called the 8th Wonder of the World; Olduvai Gorge, the cradle of mankind:  the Selous, the world's largest game reserve; Ruaha, now the largest National Park in Africa; the spice islands of Zanzibar; and seven UNESCO World Heritage Sites. Most important for visitors, the Tanzanian people are warm and friendly, speak English, which together with Kiswahili, are the two official languages; and the country is an oasis of peace and stability with a democratically elected and stable government.

 

For more information about Tanzania visit www.tanzaniatouristboard.com.

For more information on Safari Ventures' AfricAwarness programs, visit http://www.safariventures.com