Strengthening Economic Cooperation Between Tanzania and Dangote Group

TLDR

• One of the key highlights of the engagement was the Dangote Group’s long-term investment outlook, including plans to invest up to US$46 billion by 2030 across strategic sectors in Africa, including Tanzania.
• The mission is a continuation of the Translation of Tanzania Development Vision 2050 which wants the private sector to be an engine of Tanzania’s economic transformation towards achieving the 1tri economy by 2050.
• Prof Kitila with his delegation has held strategic discussions with the President and Chief Executive Officer of the Dangote Group, Alhaji Aliko Dangote aimed at deepening investment cooperation between Tanzania and.
• Also the trip answers a growing partnership between the Government of Tanzania and the Dangote Group as it follows the recent visit by Alhaj Dangote to Tanzania, during which he held high-level discussions with.
• Those engagements reaffirmed a shared commitment to strengthening economic cooperation and accelerating Tanzania’s industrial transformation.