Dar es Salaam. Tanzania has reaffirmed its commitment to strengthening its partnership with Africa50, describing the pan-African infrastructure investment institution as a key partner in preparing projects, mobilising investment and financing infrastructure through public-private partnerships.
The minister for Finance Amb Khamis Mussa Omar said the government would continue working with Africa50 to support sustainable development through strategic infrastructure investments across the country and the continent.
He made the remarks during the Africa50 General Shareholders’ Meeting and the Infra for Africa Forum, held on August 5 and 6, 2026 at the Julius Nyerere International Convention Centre in Dar es Salaam.
The two-day event was opened by President Samia Suluhu Hassan and brought together government leaders, investors and development finance institutions from across Africa.
The minister said Africa50 had established itself over the past decade as Africa’s leading infrastructure investment institution through project development, capital mobilisation and strategic partnerships.
He said the institution had demonstrated that African-led organisations could successfully prepare and deliver transformative infrastructure projects capable of driving the continent’s economic growth.
“The theme, A Decade of Impact: From Ambition to Action, reminds us that sustainable development is achieved not only through vision, but through strong partnerships between governments, development finance institutions, investors and the private sector to transform ideas into productive projects that create lasting economic opportunities for our people,” Amb Omar said.
He said infrastructure development, including modern transport networks, energy systems, digital infrastructure and logistics hubs, remained central to Tanzania’s industrialisation agenda and job creation strategy.
The minister added that Tanzania would remain a shareholder in Africa50 because of its confidence in the institution’s inclusive model for promoting sustainable development across Africa.
“As President Samia Suluhu Hassan continues to lead Tanzania’s economic transformation agenda through strategic infrastructure investment, regional integration, private sector participation and an improved investment climate, Tanzania will continue supporting Africa50 as a shareholder because it believes in the institution’s development model,” he said.
Amb Omar said the forum provided an important platform for governments, investors and financial institutions to discuss innovative financing solutions and forge strategic partnerships to accelerate infrastructure delivery across the continent.
He also thanked Africa50 for selecting Tanzania to host the meeting, describing the decision as a strong vote of confidence in the country’s investment environment and the East African region’s potential to advance regional integration and shared prosperity.
Africa50 Chief Executive Officer Alain Ebobisse said the institution was marking its tenth anniversary with significant achievements in advancing infrastructure development across Africa.
He said infrastructure remained fundamental to attracting investment in energy, transport, digital connectivity, infrastructure security and financial systems, with the broader objective of positioning Africa as a globally competitive investment destination.
According to Mr Ebobisse, Africa50 has participated in 26 infrastructure projects worth more than $1 billion across several African countries over the past decade.
He added that the Africa50 Infrastructure Acceleration Fund had raised more than $300 million from 26 investors, including 23 African investors, demonstrating the continent’s growing capacity to finance its own development through domestic capital.
Looking ahead, he said Africa50 planned to expand its assets under management to $5 billion, a move expected to unlock more than $30 billion in private sector investment for strategic projects in energy, green economy, transport and digital infrastructure.
Mr Ebobisse also called for greater utilisation of Africa’s natural gas resources to expand energy access, support industrialisation, improve agricultural productivity, promote mineral beneficiation and strengthen health and transport systems.
He said harnessing the continent’s own resources would be essential to driving Africa’s industrial transformation and achieving long-term economic growth.
