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Tanzania seeks fresh Dangote investments in fertiliser, energy, infrastructure
['Obinna Ezugwu']
Business Hallmark
The Tanzanian government is seeking to deepen its economic partnership with Dangote Group by attracting fresh investments from the Nigerian conglomerate in fertiliser production, energy and industrial infrastructure.
“We have come here to make a follow-up on what they deliberated with our President in terms of further Dangote investments in Tanzania,” Mkumbo said.
Dangote Group already has a major presence in Tanzania through its cement manufacturing operations.
AdvertisementThe minister said closer cooperation with Dangote Group would also complement the objectives of the African Continental Free Trade Area (AfCFTA) by strengthening manufacturing capacity and facilitating greater intra-African trade.
The proposed collaboration in fertiliser, energy and infrastructure is expected to further strengthen economic ties between Tanzania and Nigeria while contributing to efforts to deepen regional industrialisation and economic integration across Africa.