Tanzania Strengthens Strategic Investment Partnership with Dangote Group

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As part of Tanzania's Strategic Investment Drive, a high-level Government delegation  led by Hon Kitila Mkumbo (MP) Minister for Investment and Planning undertook a visit to Lagos, Nigeria, from 5–7 August 2026. A key engagement was a meeting with Dangote Group leadership, led by Alhaji Aliko Dangote, reaffirming the shared commitment to strengthen Tanzania–Nigeria economic cooperation. Discussions focused on expanding investment across strategic sectors, advancing industrial development, and identifying new opportunities for mutually beneficial partnerships. This engagement reflects Tanzania's commitment to fostering a conducive investment environment while building strong partnerships that drive sustainable development, regional prosperity, and shared economic success.
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H. E. Dr Benson Alfred Bana meets with Mr. Oputa Odili, the CEO of Bay Matrix Group.

 


Right to left: His Excellency Dr Benson Alfred Bana with the Mr Oputa Odili, CEO of Bay  Matrix Group at the Swiss Spirit Hotel, Port Harcourt Rivers State, Nigeria on Friday, 2nd July, 2021. The meeting is intended to emancipate the CEO on the diverse opportunities for investment in the United Republic of Tanzania, for his consideration.

The Bay Matrix Group comprises of seven owned subsidiaries/affiliates with operations in Nigeria, Equatorial Guinea & Ghana and the USA, . The Companies in the group operate across the Oil and Gas Upstream value chain. Bay Matrix has partnerships with more that 50 companies; including International Petroleum Exploration and Production Companies, and Oil & Gas Services Companies.



H. E. Dr Benson Alfred Bana presenting Tanzania Investment Brochure, Tanzania Product Catalogue and Explore Tanzania tourism magazine to Mr Oputa Odili, CEO of Bay Matrix Group

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