Economy

Tanzania, IFC hold talks on Mission 300 and private sector role in energy development

Mission 300 is designed to support large-scale power generation and transmission projects, while strengthening distribution networks

Dar es Salaam. The minister for Energy, Deogratius Ndejembi, has held talks with the East Africa Regional Director of the International Finance Corporation (IFC), Mary Porter, to discuss implementation of the country’s flagship energy expansion plan.

The meeting took place on March 25, 2026, at the Ministry’s sub-offices in Dar es Salaam.

It focused on the implementation of the national special energy initiative known as Mission 300, as well as strategies to strengthen private sector participation in the energy sector.

Speaking during the discussions, Mr Ndejembi outlined the progress achieved in expanding electricity generation capacity.

He said national installed capacity has increased to 4,500 megawatts, up from 1,500 megawatts recorded in 2021.

The increase reflects sustained public investment and growing private sector involvement in energy generation and infrastructure.

He also highlighted ongoing work to connect electricity to all 12,318 villages across the country. The rural electrification drive forms part of broader efforts to ensure universal access to reliable power.

The minister noted that collaboration with private investors has played a significant role in accelerating project delivery and improving service coverage.

Mission 300 is designed to support large-scale power generation and transmission projects, while strengthening distribution networks.

The initiative also seeks to create a conducive environment for private investment in renewable and conventional energy sources.

Tanzania’s expanding power capacity is viewed as essential for industrial growth, job creation and improved social services.

For her part, Ms Porter commended the government for what she described as notable achievements in the energy sector.

She reaffirmed IFC’s commitment to continued collaboration with Tanzania, particularly in mobilising financing and technical support for private sector-led energy projects.

The meeting was also attended by the Energy Commissioner, Innocent Luoga, along with technical experts from institutions under the Ministry of Energy and representatives from IFC.

The International Finance Corporation, a member of the World Bank Group, has long supported infrastructure and private sector development across Africa.

Its continued engagement with Tanzania is expected to strengthen investment flows into energy projects that underpin the country’s long-term economic ambitions.

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