Economy

President Samia, Aliko Dangote hold strategic investment talks

The Nigerian billionaire commended the Tanzanian government for maintaining a stable and attractive investment environment

Dar es Salaam. The President Samia Suluhu Hassan, held bilateral talks on June 28, 2026 with the prominent Nigerian industrialist and founder of the Dangote Group, Alhaji Aliko Dangote, at the State House in Dar es Salaam.

The meeting was also attended by a high-ranking delegation representing the corporate group, as documented in the official image Dangote.jpg.

The strategic dialogue focused primarily on identifying and expanding investment opportunities across several key economic sectors in East Africa.

The official communication released by the Presidential Communications Directorate confirms that the meeting marks a renewed commitment to industrial collaboration between the corporate group and the Tanzanian government.

During the deliberations, Alhaji Aliko Dangote expressed the firm readiness of his conglomerate to deepen its investment footprint in Tanzania.

The discussions covered vital areas including transport infrastructure, domestic fertiliser production, and energy development.

These sectors are critical for accelerating economic activities within both Tanzania and the wider East African region.

The Nigerian billionaire commended the Tanzanian government for maintaining a stable and attractive investment environment.

He emphasised that the country offers substantial potential for value-addition industries.

Such industries are essential for processing raw materials locally and fostering regional trade integration.

According to official statements, Dangote identified highly lucrative areas where joint focus would bring mutual gains.

He stated that his group remains fully prepared to partner with the government to advance these strategic projects for shared prosperity.

President Hassan welcomed the investment proposals from the Dangote Group.

The Head of State directed the relevant ministries and regulatory institutions to immediately initiate technical evaluations of the discussed frameworks.

 These assessments will align the proposed projects with national policies, legal requirements, and developmental priorities.

The Tanzanian administration reaffirmed its policy of active collaboration with the private sector.

The government aims to attract high-impact investments that stimulate substantial economic growth.

Key priorities include expanding domestic industrial capacity, facilitating technology transfer, and creating sustainable employment opportunities for Tanzanians.

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