Dangote Plans to Invest in Tanzania, Again

Aliko Dangote, the CEO of Dangote Group,said his firm,Dangote Group will invest more in Tanzania.

The businessman paid a courtesy call to President Samia Suluhu on Monday at the Dar es salaam State House, where they had a discussion on various issues.

He disclosed this after a meeting with President Samia Suluhu on Monday, He said that the firm has invested $770 million in Tanzania through its cement plant in Mtwara and that the firm will also invest in other sectors in the country, including the plans to have a firm fertilizer in Tanzania.

Dangote said “We will continue to invest in Tanzania so as to create more jobs, country’s income tax and to boost the lives of the locals…we have promised that we will continue to invest more in Tanzania,”

He said that due to the favourable business working environment in the country, he will convince more investors to invest in Tanzania.

Suluhu applauded the businessman for his investment in the country and promised that his business as well as investments from others is secured for the benefit of all people.

The president directed the concerned ministers to solve some of the challenges that have been facing and hindering Dangote’s company from producing to its maximum.

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