Africa’s richest man, Aliko Dangote, is set to expand his investments in Tanzania with plans to develop a port, a 2,000-megawatt coal-fired power plant and several other large-scale infrastructure projects in the East African country.
The plans were disclosed late Monday in a statement issued after Dangote held talks with Tanzanian President Samia Suluhu Hassan, outlining a series of investments aimed at supporting the country’s industrialisation drive.
The latest move shows Dangote’s growing infrastructure ambitions beyond Nigeria as he accelerates investments across Africa.
In addition to expanding his footprint in Tanzania, the billionaire has already announced plans to replicate his Lagos-based refinery in Kenya, while pursuing other industrial projects in Ethiopia and across the continent.
Dangote to build port, 2000 MW power plant in Tanzania
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