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Home Business news

Tanzania, Dangote Group Explore New Investments in Power, Fertiliser, Ports 

Victoria Emeto by Victoria Emeto
June 29, 2026
in Business news
0
Tanzania, Dangote Group Explore New Investments in Power, Fertiliser, Ports 

President Samia Suluhu Hassan of Tanzania has held high-level talks with the President and Chief Executive of Dangote Industries Limited, Aliko Dangote, on plans to expand the Group’s investments in the East African country.

The meeting, held at the State House in Dar es Salaam, focused on transport infrastructure, fertiliser production, power generation, port development, and regional trade as part of a broader investment partnership.

According to a statement from the Directorate of Presidential Communications, the discussions reaffirmed the long-standing relationship between Tanzania and the Dangote Group while opening a new phase of investments aimed at supporting the country’s industrialisation and economic transformation agenda.

Speaking after the meeting, Dangote described Tanzania as one of Africa’s most attractive investment destinations.

He said the company had identified several strategic sectors capable of delivering significant economic value for both Tanzania and the Dangote Group.

“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,” Dangote said.

The proposed investments include port development, the construction of a 40-kilometre concrete access road to improve port operations, the 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 locate its planned East African refinery in Lamu, Kenya.

He, however, extended an invitation to the Tanzanian Government to participate in the refinery investment.

President Samia welcomed the Dangote Group’s continued confidence in Tanzania and directed relevant ministries and government agencies to begin detailed technical discussions on the proposed projects.

She said the investments would be aligned with the country’s legal framework, policy objectives, and national development priorities.

The President also appointed Tanzania’s Minister of Planning and Investment to coordinate the strategic partnership with Dangote Industries Limited.

Both parties are expected to commence formal negotiations in the coming days.

As part of the next phase of discussions, a Tanzanian government delegation led by the minister is expected to visit Nigeria to develop implementation frameworks for the proposed investments.

The Tanzanian Government said it remains committed to strengthening partnerships with the private sector to attract productive investments, 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-dollar cement plant located 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 the Dangote Group and reinforces the company’s position as one of Africa’s leading private sector investors driving regional industrialisation, infrastructure development, and economic integration.

Tags: #DangoteGroup#Industrialisation#Infrastructure#Tanzania
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