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Tanzania Invites Dangote For Massive Investment Opportunities

40 Secs Read

A Tanzanian ambassador, Muhidini Ally Mboweto, has encouraged Nigerian billionaire Aliko Dangote to come invest in his country's energy sector.

Mboweto, who is the Commissioner in the High Commission of Tanzania, has expressed his country's willingness in seeing to the success of Dangote should he decide to set up the refinery in the country.

Mboweto recently led a delegation on a study tour of the Dangote Refinery and Fertilizer plants, and he utilised the medium to appeal to the billionaire to bring his money to Tanzania and help make the country self - sufficient in petroleum products.

Speaking after the tour of the Refinery and Fertiliser plants , Mboweto sought for collaboration between Dangote Group and the Tanzanian Government that will bring about a similar investment in his country.

The ambassador also flaunted the fertility of Tanzania in regards to investment. According to him, apart from possessing vast natural resources (including minerals like gas , gold, and diamonds) , the country has a politically stable economy and is surrounded by eight countries.

He also commended the billionaire for helping to reduce the price of cement in his country through his big investment in their cement industry, and he wants him to replicate same in the energy sector.

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