TANZANIA AND U.S. MOVE TO FINALISE MAJOR INVESTMENT AGREEMENTS

 Her Excellency Dr. Samia Suluhu Hassan, President of the United Republic of Tanzania, today held talks with the Acting United States Ambassador to Tanzania, Andrew Lentz, at Chamwino State House to advance key areas of bilateral cooperation and reaffirm the shared commitment to a modern, mutually beneficial partnership.

Ambassador Lentz—accompanied by the Counselor for Political and Economic Affairs—underscored Washington’s determination to reset the relationship and deepen economic, political, and security collaboration with Tanzania.

“The United States is committed to a partnership based not on aid dependency but on shared prosperity,” Ambassador Lentz said.

The discussions centred on ongoing negotiations involving major U.S.-linked strategic investments. Both sides acknowledged that talks on two flagship projects—the LNG Project and Tembo Nickel Project—are now in their final stages, pending formal signing. A third investment, the Mahenge Graphite Project, remains under active technical review.

President Samia welcomed Washington’s renewed commitment and assured the delegation that Tanzania remains focused on completing the remaining procedural steps.

“As a non-aligned nation, Tanzania is open, ready, and committed to working with all partners who respect our sovereignty and share our vision for prosperity,” the President said.

“These strategic projects are of national importance, and we are determined to finalise them so they can unlock jobs, investment, and sustainable prosperity for our people.”

The President highlighted that more than 400 American companies currently operate in Tanzania—reflecting the country’s stability, openness to investment, and strong historical ties with the United States.

Beyond investments, the meeting touched on broader areas of cooperation, including political stability, regional security, economic reforms, private-sector growth, health-sector partnerships, and people-to-people exchanges.

Ambassador Lentz congratulated President Samia for her vision and long-term national planning through Vision 2050, noting the U.S. Government’s readiness to support its implementation and reinforce the President’s 4R philosophy of reconciliation, resilience, reforms, and rebuilding trust.

Both sides agreed that strengthened communication, consistent engagement, and timely action on pending agreements are key to unlocking the full potential of U.S.–Tanzania relations.

This meeting marks a pivotal moment in redefining and revitalising the U.S.–Tanzania relationship. The reaffirmed commitment from both governments signals the emergence of a modern, transparent, private-sector-driven partnership rooted in shared prosperity, mutual respect, and long-term strategic cooperation.

Flagship Projects

1. LNG Project — Estimated Value: USD 42 Billion

A transformative natural gas development involving leading international energy companies. The project aims to unlock Tanzania’s vast offshore gas reserves, boost national revenue, create thousands of jobs, and position the country as a major global LNG supplier.

2. Tembo Nickel Project — Value: USD 942 Million

A major critical-minerals investment in Ngara focused on nickel—an essential component in electric-vehicle batteries. The project will support global clean-energy supply chains, stimulate industrialisation, and expand Tanzania’s export base.

3. Mahenge Graphite Project — Value: USD 300 Million

One of the world’s largest high-grade graphite deposits, positioned to serve the fast-growing battery and renewable-energy sectors. The project will reinforce Tanzania’s role as a leading supplier of battery-grade minerals