Dangote to persuade foreign investors to favour Tanzania

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President Samia Suluhu held talks with Nigerian billionaire Aliko Dangote in Dar es Salaam. PHOTO/ COURTESY

DAR ES SALAAM – Nigerian billionaire Aliko Dangote has promised to persuade his fellow investors to favour Tanzania as their business destination.

This is after the business magnate who has invested over US dollars 770million in the country, met with President Tanzania at State house Dar-es-Salaam, Monday.

According to a statement by Statehouse spokesperson Gerson Msigwa, Dangote also thanked President Suluhu for taking steps to ensure ease of doing business in the Country.

Dangote also promised to expand his investments in the country in various ventures including constructing a fertilizer manufacturing company.

On her part, President Suluhu assured the businessman of the government’s resolve to secure all foreign investments in Tanzania for the benefit of both investors and the government.

The President also ordered Ministers in relevant ministries to address all challenges Dangote’s companies were experiencing.

Dangote had in 2016 threatened to shut down his cement factory in the country after facing frustration from the government, then led by the late President Joh Pombe Magufuli.


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