Tanzania, Dangote Group Explore Multi-Billion-Dollar Investments in Infrastructure, Energy, Fertiliser
The Government of Tanzania and Dangote Industries Limited are exploring multi-billion-dollar investments in transport infrastructure, energy, fertiliser production and regional trade following high-level talks between Tanzanian President Samia Suluhu Hassan and Africa's richest businessman, Aliko Dangote, in Dar es Salaam.
The meeting, held at the State House, reaffirmed the long-standing partnership between Tanzania and Dangote Industries while laying the groundwork for a new phase of strategic investments aimed at supporting the East African nation's industrialisation and economic transformation agenda.
Speaking after the meeting, Dangote described Tanzania as one of Africa's most attractive investment destinations, saying the company had identified several sectors capable of generating substantial 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 focused on several major projects, including port development, construction of a 40-kilometre concrete access road to improve port operations, establishment 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 reasons behind the Group's decision to site its planned East African refinery in Lamu, Kenya. He extended an invitation to the Tanzanian Government to participate in the refinery investment.
President Samia welcomed the Dangote Group's continued commitment to investing in Tanzania and directed relevant ministries and government agencies to begin detailed technical discussions on the proposed projects in line with the country's legal and development priorities.
To facilitate the process, the President appointed the country's Minister of Planning and Investment to coordinate the strategic partnership with Dangote Industries Limited. Formal negotiations between both parties are expected to commence in the coming days.
A Tanzanian government delegation led by the minister is also expected to visit Nigeria to advance discussions and develop implementation frameworks for the proposed investments.
According to a statement issued by the Directorate of Presidential Communications, the Tanzanian Government remains committed to strengthening collaboration with the private sector to attract 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 US$500 million cement plant in Mtwara. The facility has an annual production capacity of three million tonnes and supplies cement to both the domestic market and neighbouring countries.
The latest engagement further strengthens the partnership between Tanzania and Dangote Industries, reinforcing the company's position as one of Africa's leading private sector investors driving industrialisation, infrastructure development and regional economic integration.
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