Thursday, September 26, 2024

Deputy Minister Invites Investment at Power and Energy Africa Exhibition



The Deputy Minister for Industry and Trade, Mr. Exaud Kigahe, has extended an invitation to companies attending the 8th Power and Energy Africa International Trade Exhibition to invest in Tanzania, highlighting the country’s vast potential and abundant opportunities for trade and investment.

In his remarks during the exhibition’s opening ceremony, Mr. Kigahe emphasized that Tanzania’s energy sector is currently undergoing a significant transformation, characterized by the integration of both traditional and renewable energy sources. He noted that this evolution presents a remarkable opportunity for investors looking to tap into the energy market.

“The energy sector is pivotal for the growth of our economy, and we encourage investors to explore the various opportunities available in this sector,” Mr. Kigahe stated.

The 8th Power and Energy Africa International Trade Exhibition serves as a platform for stakeholders to showcase innovations and discuss strategies to enhance energy production and sustainability in the region. The Deputy Minister’s call to action underscores the government’s commitment to fostering an investment-friendly environment that leverages the country’s resources for economic development.

As Tanzania positions itself as a key player in the energy landscape, the government’s efforts to attract foreign investment are aimed at ensuring a stable and sustainable energy future for the nation.

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