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Tanzanian Government & Dangote Group Plan to Implement 17 Bln Refinery Project: Statement

Tanzanian Government & Dangote Group Plan to Implement 17 Bln Refinery Project: Statement

Sputnik Africa

Tanzanian Government & Dangote Group Plan to Implement $17 Bln Refinery Project: StatementKey outcomes from the talks between President Samia Suluhu Hassan... 16.05.2026, Sputnik Africa

2026-05-16T22:28+0200

2026-05-16T22:28+0200

2026-05-16T22:44+0200

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Tanzanian Government & Dangote Group Plan to Implement $17 Bln Refinery Project: StatementKey outcomes from the talks between President Samia Suluhu Hassan and Alhaji Dangote, Chairman and CEO of Dangote Group, which were held on Saturday in Dar es Salaam:Regional benefits: The project aims to benefit East African countries with opportunities for regional participation through share ownership, the group CEO said.Self-sufficiency: The initiative will ensure Africa's oil/petroleum self-sufficiency, reduce external dependence, and protect against price fluctuations and supply disruptions, Dangote noted.Fertilizer investment: President Samia invited Dangote Group to invest in fertilizer production, as domestic demand greatly exceeds local capacity, the Tanzanian presidency stated.Subscribe to @sputnik_africa Sputnik Africa | X

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