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Tanzania Seeks Expanded Dangote Investments in Key Sectors

Business
Blueprint
Tanzania Seeks Expanded Dangote Investments in Key Sectors

The government of Tanzania, represented by Hon. Prof. Kitila A. Mkumbo, Minister of State in the President’s Office responsible for Planning and Investment, is committed to enhancing economic cooperation with Dangote Group.

During a visit to the Dangote Petroleum Refinery and Petrochemicals in Lagos, Nigeria, Mkumbo expressed interest in attracting new investments in fertiliser production, energy, and industrial infrastructure to support Tanzania’s long-term development agenda. This visit was a follow-up to earlier discussions between President Samia Suluhu Hassan and Aliko Dangote regarding the expansion of Dangote Group’s investments in Tanzania.

Currently, Dangote operates Tanzania’s largest cement manufacturing plant, valued at approximately $800 million. Mkumbo emphasized the importance of Dangote's expertise in fertiliser production and refinery operations for East Africa's economic growth.

He also noted that stronger collaboration would enhance economic cooperation across Africa under the African Continental Free Trade Area (AfCFTA), advocating for industrialisation as a means of achieving economic liberation for the continent.

Plus234Feed summary based on reporting from Blueprint. Read the original report below.

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