Tanzania and Dangote Group Discuss Multi-Billion Investment

Tanzania's President Samia Suluhu Hassan held high-level discussions with Aliko Dangote, the Chief Executive of Dangote Industries Limited, regarding a multi-billion-dollar investment in the country. The talks, which took place at the State House in Dar es Salaam, reaffirmed the long-standing partnership between Tanzania and Dangote Group.

The discussions focused on several strategic sectors, including transport infrastructure, a proposed 2,000 megawatt coal-fired power plant, and a urea fertilizer plant. The projects also include the development of a special trade zone and the construction of a 40-kilometer concrete access road to support port operations.

President Hassan welcomed the Dangote Group's continued confidence in Tanzania and appointed a minister to coordinate strategic partnerships. The Tanzanian government plans to begin formal negotiations soon, with a delegation expected to visit Nigeria to advance discussions on the proposed projects.