Tanzania on official visit to the United States to attract new investors

Tanzanian President Samia Suluhu Hassan met with US Vice President Kamala Harris on Friday, April 15. This is reported by the Bloomberg news agency quoting White House officials.

This meeting is part of the visit started by the Tanzanian leader to the country of Uncle Sam since Wednesday, April 13. In Washington, the two personalities discussed investment opportunities within their economies.

The visit comes as Tanzania seeks to attract more investors to finance its ambitious development projects, particularly in the infrastructure, transport and energy sectors.

These include the project to build a liquefied natural gas (LNG) production and export terminal estimated at more than $30 billion. This project should arouse the interest of many international partners, in a context marked by the Russian-Ukrainian crisis which threatens to redistribute the cards of the world oil and gas sector.

According to the American authorities, the discussions between the two politicians will also concern health issues and other subjects.

Samia Suluhu Hassan was the vice-president of John Magufuli who died suddenly on March 17, 2021. Having taken over from him two days later, and for four years, she became the country’s first female president.

Since coming to power, she has multiplied meetings with investors to attract more funding to the Tanzanian economy, in a context marked by post-covid-19 economic recovery.