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.

Zanzibar Domino Tower - Building the Blue Economy


On 25th August 2021, AICL Group and Edinburgh Crowland Management Ltd, signed a contract worth $1.3 Billion with xCassia for architectural designs of 70 Storey building, Zanzibar Domino Commercial Tower, which will be constructed in Zanzibar, Tanzania. Zanzibar Domino Commercial Tower is going to be the 2nd tallest skyscraper in Africa following Iconic Tower in Egypt. The Project is expected to take four years, and it is going to cover a total area of 65,000 Square Metres with 2 underground floors and 78 floors above the ground.

During signing ceremony, Mr. Mudrik Ramadhan Soraga, the Minister of State President’s Office (Economy and Investment) of Zanzibar, stated that, the implementation of the project supports the Government’s efforts in inviting more Local and Foreign investors to invest in the Isles. Furthermore, “The Zanzibar Domino is a unique project which is exceptionally well-suited to Zanzibar's investment philosophy of providing its investors with superior returns through exceptional schemes as well as strategic socioeconomic projects that leverage prosperity, people and the planet.” This project is a big step towards building the Isles’ “Blue Economy”.

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