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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World Bank: Tanzania Economic Update - Issue 19, 2023

 


H. E. Dr. Samia Suluhu Hassan’s visionary leadership and commitment to boosting economic growth and provide clear direction to take on board the private sector as the engine for growth is paying off. Through deliberate policies targeted at strengthening the competitiveness of the economy, improve the business and investment environment, and reduce the cost of regulatory compliance.

The 19th Tanzania Economic Update launched in Dar es Salaam on 19th September, 2023, by the World Bank projects an economic growth rate of 5.1% this year compared to 4.6% recorded in 2022, despite worsening global economic conditions. The update explains this growth will be based on improving business climate and the implementation of structural reforms.

Download document here: https://lnkd.in/dPqVtFe3

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