Dangote targets more investments in Tanzania
DAR ES SALAAM, Aug. 7 -- DANGOTE Group President and Chief Executive Officer, Mr Aliko Dangote, has expressed his companys readiness to expand investments in Tanzania, citing the countrys enormous investment potential and favourable business environment.
The Dangote Groups long-term investment plan includes investing up to 46 billion US dollars (about 122tri/-) across strategic sectors in Africa by 2030, including energy projects in Tanzania.
Mr Dangote made the remarks on Wednesday during investment discussions with a Tanzanian delegation led by the Minister of State in the Presidents Office (Planning and Investment), Prof Kitila Mkumbo, aimed at deepening investment cooperation with Africas largest industrial conglomerate.
“Tan...
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