Tanzania Seeks Fresh Dangote Investments as President Samia Hosts Nigerian Business Mogul

Tanzanian President Samia Suluhu Hassan has held talks with Nigerian billionaire industrialist and President of the Dangote Group, Aliko Dangote, on expanding the conglomerate’s investments in the East African nation.

The meeting, held at the State House in Dar es Salaam, focused on strengthening existing partnerships and exploring fresh investment opportunities across key sectors of Tanzania’s economy, according to a statement from the Directorate of Presidential Communications.

Discussions also examined how new investments could position Tanzania as a gateway to the wider East African market.

Dangote Group already operates one of Tanzania’s largest industrial investments—the $500 million Dangote Cement plant in Mtwara. Commissioned in 2015, the facility has an annual production capacity of three million tonnes and supplies both the domestic market and neighbouring countries.

During the meeting, Dangote praised Tanzania’s investment climate and reaffirmed the company’s commitment to expanding its footprint in the country.

“We have found a very good environment for investment in Tanzania and we are ready to cooperate with the government to implement all kinds of beneficial projects,” he said.

President Samia welcomed the commitment and directed relevant government agencies to establish a dedicated framework to accelerate investment approvals and implementation.

She reiterated her administration’s determination to simplify laws, regulations and administrative processes to attract more private sector investment and stimulate economic growth.

Beyond cement production, the Dangote Group has previously expressed interest in investing in Tanzania’s fertilizer, sugar and petrochemical sectors, areas considered central to the country’s industrialisation, agricultural transformation and job creation agenda.

The Tanzanian government said it remains committed to working closely with private investors to attract capital that will create employment, promote technology transfer, boost industrial development and deliver broad economic benefits to its citizens.

The meeting underscores Tanzania’s ongoing efforts to strengthen its appeal as one of East Africa’s leading investment destinations through business-friendly reforms and enhanced collaboration with major international investors.