LiteFinance is expanding its presence in Tanzania, in Eastern Africa, with the opening of a second regional office. This global broker is dedicated to offering top-notch service, given the substantial number of clients originating from this country.

The managers in the Arusha office, which serves as the capital of Tanzania, are prepared to assist clients in opening accounts and provide guidance on the company's services. Additionally, clients can enroll in educational courses about trading and the Forex market at this office.

The LiteFinance expansion into Africa is a significant milestone for LiteFinance. With over 500,000 traders worldwide and nearly 300 new accounts created daily, it's evident that the broker's services are both reliable and optimal. As a result, LiteFinance is planning to expand its headquarters beyond Saint Vincent and the Grenadines into other strategically important countries.

LiteFinance's choice of Tanzania is influenced by the country's robust economic growth and declining poverty rates. According to World Bank data, Tanzania has a population of approximately 61.5 million, with about one-third residing in urban areas.

In 2021, Tanzania's GDP reached $67.8 billion, and the per capita income in 2021 averaged around $1,136. It's worth noting that LiteFinance is not the only forex broker looking to expand in Tanzania, as Exness already has an established presence in the country.