Africa50 has expressed readiness to scale up investments in Tanzania’s infrastructure sector, targeting strategic projects in ports, transport, gas and electricity to support implementation of the country’s Development Vision 2050.
The commitment was outlined by the institution’s chief executive, Alain Ebobisse, during talks with a Tanzanian delegation led by Finance Minister Khamis Mussa Omar.
The meeting took place at the Tanzanian Embassy in Washington, D.C. on the margins of the Spring Meetings of the World Bank and the International Monetary Fund.
Ebobisse said Africa50 is positioning itself to partner with Tanzania in delivering large-scale infrastructure projects that can unlock growth and enhance competitiveness.
He noted that while many African economies are rich in natural resources, limited access to long-term financing continues to slow infrastructure development.
Tanzania, he said, stands out as a promising destination given its reform momentum and expanding economic base.
Africa50 has already invested between $20 million and $30 million in a pilot gas distribution project in Dar es Salaam.
The institution now plans to expand its footprint in the gas sub-sector and explore electricity distribution projects in collaboration with TANESCO.
Beyond financing, the firm is also looking to deepen engagement through convening power. Ebobisse said Tanzania is being considered to host Africa50’s Annual General Shareholders Meeting and the Infra for Africa Forum this year events expected to bring together investors, policymakers and private sector players to explore bankable opportunities.
For Tanzania, such platforms could serve as a gateway to mobilising capital and strengthening public-private partnerships, a model increasingly seen as central to delivering large infrastructure.
Welcoming the interest, Mr Omar said the government is continuing to implement reforms aimed at improving the investment climate, including reviewing tax systems and streamlining regulatory frameworks.
He pointed to ongoing policy efforts under President Samia Suluhu Hassan, including two commissions tasked with reviewing the tax structure and the broader investment environment. The tax reforms commission has already submitted more than 280 recommendations, while the second report is expected soon.
“These efforts are intended to attract more capital and create a more enabling environment for private sector participation,” he said.
Mr Omar emphasised that Tanzania’s Vision 2050 targets a $1 trillion economy, with about 70 percent of the financing expected to come from the private sector, underscoring the need to deepen investor confidence and expand financing channels.
Other officials present at the meeting included Zanzibar’s Minister for Finance and Planning Juma Malik Akil, Permanent Secretary in the Ministry of Finance Natu El-maamry Mwamba, Acting Deputy Permanent Secretary Rished Bade and Africa50 Chief Operating Officer Tshepidi Moremong.
Africa50 was established by the African Development Bank to help close Africa’s infrastructure gap by mobilising both public and private investment.
