Categories: BusinessNews

Tanzania, Dangote advance talks on investments in infrastructure, energy, fertiliser

President Samia Hassan of Tanzania has held high-level talks with President and Chief Executive of Dangote Industries Limited, Aliko Dangote, on a major expansion of the company’s investments in the country, with discussions focusing on transport infrastructure, fertiliser production, power generation, ports, and regional trade.

Speaking after the meeting held at the State House in Dar es Salaam over the weekend, Dangote said Tanzania remains one of Africa’s most attractive investment destinations, noting that the company had identified several strategic sectors capable of delivering significant economic value.

“We have identified areas that can deliver significant value for Tanzania, and we are ready to work together to develop them for our mutual benefit,” he said.

The discussions covered a broad range of projects, including port development, the construction of a 40-kilometre concrete access road to support port operations, development of a special trade zone, a proposed 2,000-megawatt coal fired power plant, a urea fertiliser plant and transport infrastructure linking Mtwara with Mbamba Bay in southern Tanzania.

Dangote also explained the commercial and technical considerations behind the company’s decision to locate its planned East African refinery in Lamu, Kenya, while extending an invitation to the Tanzanian government to participate in the investment.

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On her part, Samia welcomed the Dangote Group’s confidence in Tanzania and directed relevant ministries and government agencies to commence detailed technical discussions on the proposed investments in line with the country’s legal, policy, and development priorities.

She also appointed the Minister of Planning and Investment to coordinate the strategic partnership with Dangote Industries Limited, with both sides expected to begin formal negotiations in the coming days.

A Tanzanian government delegation led by the Minister is expected to visit Nigeria to advance discussions and develop implementation frameworks for the proposed projects.

According to a statement from the Directorate of Presidential Communications, the overnment remains committed to strengthening partnerships with the private sector as part of efforts to mobilise productive investment, accelerate industrialisation, promote technology transfer, and create sustainable employment opportunities.

Dangote Industries already operates one of Tanzania’s largest industrial investments through its $500 million cement plant in Mtwara, which has an annual production capacity of three million tonnes and supplies both the domestic market and neighbouring countries.

Segun Ojo

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