Tanzania seeks assistance from Dangote Group to develop country’s energy sector

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Muhidini Ally Mboweto, the Commissioner in the High Commission of the United Republic of Tanzania, has sought the assistance of President of Dangote Group, Aliko Dangote, in the development of his country’s energy sector.

The Commissioner made the declaration when he led a delegation from Tanzania High Commission and the Tanzania Petroleum Development Corporation (TPDC), on a study tour of the Dangote Refinery and Fertilizer plants.

Mboweto said he is interested in seeking a collaboration between Dangote Group and the Tanzanian Government in making the country self-sufficient in petroleum products.

In a statement made available to The Guardian Nigeria, the Commissioner appealed to Aliko Dangote to replicate his huge investment in Nigeria’s cement and refinery industries into Tanzania’s petroleum refining sector.

Speaking after the tour of the Refinery and Fertiliser plants, Mboweto said Tanzania possesses vast natural resources and is endowed with unique comparative advantages thus offering exceptionally attractive opportunities to investors.

Mboweto revealed that Tanzania’s minerals potential are gas, gold, diamonds, and gemstones including tanzanite, base metals and a host of other minerals. He also said that Tanzania has bilateral trade agreements with eight countries it shares borders with including the Indian Ocean, describing them as potential markets for investors.

According to the Commissioner, “Tanzania has a politically stable economy; it is surrounded by eight countries and six are landlocked, so their ports depend on Tanzania. Also, we are member to East Africa Community, which include Burundi, Kenya, Rwanda, Tanzania, and Uganda. We are also part of a 16-country member with an average of 400 million people. So, when invest you in Tanzania, you are exposed to these huge potential”.

He added that “it is really worth investing in Tanzania because it will expose you to a large market. We want him (Dangote) to expand his investment in other areas of the economy. We have varieties of minerals, diamond, gold and other areas. You can invest in wildlife. We also have a lot of tourist attractions”.

He commended Dangote for helping to reduce the price of cement in Tanzania through his massive investment in the country’s cement industry.

Mboweto said “Dangote Cement is already in Tanzania and the plant is doing very well. So, the Dangote cement plant has made a huge contribution to our cement demand. Now majority of people in Tanzania can access cement for their building construction”.

 

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