Tanzania, Sweden and Germany explore new energy investment opportunities

By The Respondents Reporter

The Government of Tanzania has stepped up efforts to strengthen international cooperation in the energy sector following high-level discussions held on May 12, 2026, between the Minister for Energy, Deogratius Ndejembi, and representatives from Sweden, Germany, and global energy company Siemens Energy.

The meeting also brought together officials from the Embassy of Sweden and the Embassy of Germany, alongside representatives from leading development finance institutions, including KfW IPEX-Bank and EKN (Swedish Export Credit Agency), which have been supporting various energy infrastructure projects in Tanzania.

The discussions focused on expanding investment opportunities in the energy sector, strengthening technical cooperation, and accelerating the implementation of strategic power projects aimed at increasing electricity generation capacity and improving national energy security.

During the talks, Siemens Energy presented its investment interests in Tanzania, highlighting opportunities in natural gas-powered electricity generation, financing arrangements, and the supply of advanced power generation equipment. 

The company also showcased its global expertise in modern energy technologies, particularly in efficient gas turbine systems and large-scale power infrastructure development.

Minister Ndejembi welcomed the delegation and expressed appreciation for their engagement, noting that the discussions come at a time when Tanzania is implementing major strategic energy projects to meet growing demand from households, industries, and commercial sectors.

He specifically commended Siemens Energy for securing a contract to supply equipment for the Mkuranga natural gas power project, which has a generation capacity of 177 megawatts. 

He said the development reflects strong international confidence in Tanzania’s energy sector and its investment environment.

“The involvement of reputable global companies in our energy projects demonstrates growing trust in Tanzania’s economy and our long-term development agenda,” he said.

The Minister further encouraged the companies and development partners to explore additional investment opportunities in renewable energy sources, including solar, wind, and geothermal power. 

He emphasized that diversifying energy sources is a key pillar in achieving the government’s target of generating 8,000 megawatts by 2030.

He reaffirmed Tanzania’s commitment to maintaining an enabling environment for both public and private sector participation in electricity generation, transmission, and distribution.

Representatives from the embassies and participating companies expressed appreciation to the Government of Tanzania for its continued cooperation and trust in international partners. 

They pledged to continue supporting the country through financing, technical expertise, and timely implementation of energy projects.

They also underscored the importance of strong collaboration between governments, financial institutions, and the private sector in ensuring that energy infrastructure projects are delivered efficiently and sustainably.

The meeting was attended by senior officials from the Ministry of Energy, including the Permanent Secretary responsible for Oil and Natural Gas, James Mataragio, Assistant Commissioner for Electricity Styden Rwebangira, Acting Commissioner for Petroleum Petro Marwa, and technical experts from the ministry.

The talks mark another important step in Tanzania’s efforts to deepen international partnerships in the energy sector as the country positions itself as a regional hub for reliable, affordable, and diversified power generation.

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