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.

Africa Finance Corporation (AFC) meets with the Hon. Dr. Mwigulu Lameck Nchemba, Minister of Finance and Planning of the United Republic of Tanzania

Hon. Dr. Mwigulu Lameck Nchemba, Minister of Finance and Planning of Tanzania and Alice Usanase, Vice President of AFC 

H. E. Dr. Benson Alfred Bana facilitated the meeting between the Leadership of Africa Finance Corporation and the Minister of Finance and Planning of the United Republic of Tanzania, Hon. Dr. Mwigulu Lameck Nchemba on 22nd February, 2022 in Tanzania. The Africa Finance Corporation (AFC) is an international finance organisation headquartered in Lagos – Nigeria. Although, Membership of AFC is open to all African/states. The Corporation currently has thirty-three (33) member states.  

The AFC delegation was led by Ms. Alice Usanase, Vice President and Ag. Head of Country Relations and members of the delegation include James Maduekeh, Vice President and Head of Treasury Client Services, Temitope Mudabai, Associate Vice President, Country Relations. The Honourable Minister of Finance was accompanied by Top Officials in the Ministry.

The AFC Team also met with the Bank of Tanzania team led by the Governor, Prof. Florens D. A. M. Luoga and Deputy Governors of the Bank on the 23rd February, 2022.






AFC Team led by Alice Usanase, Vice President with the Bank of Tanzania Team Led by Prof. Florens Luoga, Governor

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