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Originally published by Kenyanstop
June 30, 2026
1h ago
Dangote Unveils New Investments in Tanzania After Oil Refinery Saga
The investment plans come after the contentious oil refinery deal that President Ruto championed to Tanzania, only for Dangote to choose Kenya instead...
✨ Key Highlights
Africa's richest man, Aliko Dangote, has agreed with Tanzanian President Samia Suluhu to explore significant multi-billion-dollar investments in Tanzania across power, fertiliser, and transport infrastructure.
- Plans include a 2,000-megawatt coal-fired power plant and a urea fertiliser plant.
- Key players are Dangote Industries Limited and the Tanzanian government.
- A 40-kilometre concrete access road and a transport corridor linking Mtwara to Mbamba Bay are also proposed, alongside a special trade zone.
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