The Government of Tanzania has announced investment opportunities worth USD 12.9 billion in the energy sector, aimed at boosting economic growth and expanding access to electricity and clean cooking solutions across the country.
Speaking at the Powering Africa Summit in Washington DC, Deputy Minister of Energy, Salome Makamba, said the investments target electricity generation, transmission, distribution, and clean energy for cooking.
“In power generation alone, 13 projects are planned over the next five years, requiring USD 2.77 billion. Once completed, they will add 1,421 megawatts to the national grid,” she said.
For electricity transmission, 23 projects worth USD 1.21 billion are scheduled, including the construction of 1,350 kilometers of transmission lines and new substations, which will strengthen the national electricity network.
Deputy Minister Makamba also highlighted Tanzania’s natural gas potential, noting that the country has over 57 trillion cubic feet of untapped gas reserves.
She stressed the importance of investment in gas extraction, processing, and use for electricity and industrial growth.
On clean cooking energy, the government aims for 75% adoption by 2030 through the distribution of improved stoves, gas, and other environmentally friendly technologies.
She called on investors to take advantage of these opportunities, assuring that the government is working to improve the business climate and implement policies that support investment.
Deputy Minister Makamba attended the summit alongside Tanzanian Ambassador to the United States, Else Sia Kanza, and experts from TANESCO, REA, PURA, and the Ministry of Energy.
