Dar es Salaam. Tanzania showcased its sustainable energy advancement during the inaugural Investment Summit that brought together industry leaders, policymakers, investors and innovators to chart the future of sustainable energy in the country.
The summit was organized by HBZ International and the Tanzania Association of Oil Marketing Companies (TAOMAC) to highlight investment opportunities and Tanzania’s emerging role as a regional energy hub.
Speaking during the opening of the summit, HBZ International managing director, Mr Herman Zaidin, underscored Tanzania’s progress in energy development and the sector’s attractiveness for investors.
“The energy sector is pivotal to Tanzania’s economic growth, and this summit provides an unparalleled platform to showcase the country’s advancements and opportunities,” he said.
“With the fruition of projects like the Julius Nyerere Hydroelectric Project, Tanzania is positioning itself as an energy hub in East Africa,” he said, adding that the summit is a part of a series of summits planned for 2025.
TAOMAC executive director, Mr Raphael Mgaya, echoed the sentiments, highlighting Tanzania’s strides in the energy sector and emphasizing the critical role of public-private partnerships in achieving sustainable growth.
“The summit comes at a pivotal time, aligning with Tanzania’s strategic ambitions in the regional energy market,” he noted.
The director of Ansync Global, a logistics company, Mr Al Shiddiq, expressed positive sentiments for Tanzania as a sustainable and sound investment destination for international companies.
The summit featured several sessions that provided an opportunity to discuss key issues such as the importance of collaboration between the public and private sectors in advancing sustainable investments.
“This summit has offered an invaluable platform for dialogue and collaboration across the energy sector. The engagement here has been inspiring, and we’re optimistic about the partnerships formed today shaping Tanzania’s energy future,” said Mr Mgaya.
Share this news
This Year's Most Read News Stories
‘No Marburg Confirmed In Tanzania’, But Mpox Remains ‘Public Health Emergency’
Monrovia — The Director General of the African Centers for Disease Control, Jean Kaseya, has said the center stands ready to support Tanzania and other countries in the region where suspected cases of the infectious Marburg Virus Disease have been identified. The World Health Organization earlier this week issued an alert warning of a possible outbreak in the country, although the Tanzanian Health Ministry has said tests conducted on available samples did not show the existence of Marburg in the East African nation.
“As of the 15 of January 2025, laboratory results from all suspected individuals were negative for Marburg Virus,” Tanzanian Health Minister Jenista Mhagama said in a statement. This would have marked the country’s second experience with the highly infectious disease that recently killed over a dozen people in neighboring Rwanda. Tanzania previously reported an outbreak of Marburg in 2023 in the Kegara region, said to have been the epicenter of the new suspected cases.
At the Africa CDC online briefing on Thursday, Kaseya also said another infectious disease, Mpox, “remains a public health concern”. He said that while in December 2024, the disease had afflicted 20 countries, a new country – Sierra Leone – has been added to the number after recent outbreak there. Sierra Leonean health authorities said on January 10 that two cases of Mpox had been confirmed in the country and dozens of contacts are being traced.
With thousands of confirmed cases of Mpox across Africa and more than 1000 people having died of the disease – mainly in Central Africa – Kaseya emphasized the need to increase testing, a theme he’s heralded before. The Africa CDC boss said over the next few months the continental health watchdog will deploy additional epidemiologists and community health workers to areas considered hot spots of infectious diseases in the region.
Source: allafrica.com
Zanzibar airport monopoly puts 600 jobs at risk
On September 14, 2022, the director general of ZAA issued a directive that gave Dnata Zanzibar Aviation Services Limited an exclusive access to the newly constructed Terminal III, barring other operators.Continue Reading
Zanzibar terminates land lease offered to British developer
The Revolutionary Government of Zanzibar (SMZ) has terminated a land lease held by British property developer Pennyroyal Limited in Matemwe, the developer has announced.Continue Reading
