Tanzania power map, cropped

Tanzania is open for business, but at investors’ risk as guarantees are ruled out

In depth
Issue 478 - 17 Feb 2023 - By Marc Howard | 12 minute read

President Samia Hassan’s government has expressed a warm welcome for private capital in the power and other sectors – to the extent it expects investors will develop most of the capacity planned to be added to the grid this decade. But risks go with rewards, and in a feisty address to industry players energy minister January Makamba has categorically ruled out sovereign guarantees, insisting developers finance and structure projects on their commercial merits alone, and show his ministry more respect, writes Marc Howard in Dar es Salaam.

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