US-backed group favored as investor in Tanzania nickel project
US government-backed consortium has been picked as the favored candidate to invest in a large nickel project in Tanzania, as the Trump administration looks to fund new supplies of key metals.
Absa nears Tanzania deal to combine R49.2bn of banking assets
Absa Group is nearing a deal to combine its banking interests in Tanzania as the lender looks to increase the scale of its East African businesses, according to people familiar with the matter.
Dangote picks Tanzania for next wave of power, fertiliser and transport investments
Africa’s richest man, Aliko Dangote, is preparing a major expansion of his industrial empire in Tanzania, with plans spanning power generation, fertiliser production, transport infrastructure, ports and a special trade zone following high-level investment talks with President Samia Suluhu Hassan in Dar es Salaam.