Tanzania moves to expand investment ties with Sweden in energy, technology, and mining sectors

DAR ES SALAAM: TANZANIA moves to expand trade and investment ties with Sweden in energy, infrastructure, technology, mining and manufacturing, as the government engages Swedish business leaders on new economic opportunities.

This was reached in a discussion between the Minister for Foreign Affairs and East African Cooperations,Mahmoud Thabit Kombo with a delegation of Swedish businesspeople and investors led by Sweden–Africa Chamber of Commerce President Åsa Jarskog in Dar es Salaam.

During the meeting, Dr Kombo stressed the government’s commitment to strengthening commercial and investment cooperation between the two countries, particularly in sectors with potential to support economic development.

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The delegation is in Tanzania on a business visit aimed at exploring trade and investment opportunities and deepening economic cooperation between the two countries.

Tanzania’s Ambassador to Sweden, Swahiba Mndeme, led the delegation’s visit, which is also expected to take the investors to Dodoma and Zanzibar to identify further investment opportunities and engage with stakeholders.

The visit provides a platform for Tanzanian and Swedish businesses to explore areas of mutual interest and build stronger economic links.