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September 14, 2022

19 U.S. Companies to explore investment opportunities in Tanzania

DAR ES SALAAM, TANZANIA, September 13, 2022 – Today, the U.S. Embassy Dar es Salaam and the U.S. Commercial Service announced the participants in a Two-Day Fact-Finding Mission to Mainland Tanzania and Zanzibar.  The Fact-Finding Mission will be held from September 27-28, 2022, in Dar es Salaam and Zanzibar City and will feature nineteen U.S. firms and firms with significant U.S. operations or investment with a total market capitalization of over $1.6 trillion.  The firms will be investigating trade and investment potential in Tanzania.

The mission is led by the U.S. Embassy in Dar es Salaam, in collaboration with the American Chambers of Commerce (“AmCham”) of Kenya, Tanzania and South Africa, and seeks to introduce American firms to the potential offered by the Tanzanian Mainland and Zanzibari markets.  According to Maxwell Okello, CEO, AmCham Kenya, “Our members are excited about the business potential and new opportunities opening up in Mainland Tanzania and Zanzibar in agribusiness, energy, healthcare, infrastructure, ICT, manufacturing and other industry sectors. They’re seeking to better understand the market and how they can participate in these opportunities and this mission provides an excellent avenue to gather insights and engage directly with relevant government and private sector stakeholders. It’s also a great opportunity for both countries to explore ways to deepen their commercial ties and engagement which supports achievement of economic goals driving wealth and job creation.”

During this two-day tour, company representatives will interact with Government of Tanzania/Zanzibar officials, receive U.S. Embassy briefings, engage with Tanzanian private sector leaders, and receive insights from U.S. firms operating in Tanzania.  Confirmed participants include Abbott Laboratories, Alliance One Tobacco Tanzania Limited, Baker Hughes, Becton Dickinson, Burn Manufacturing, Citi, Cisco, Coca-Cola, FAS Authentication, GE, Hid Global, Honeywell International Inc., Integrated Biometrics, Koko Networks, Parallel Wireless Inc, Procter & Gamble, Reinke S.A., Roche, and Wasoko. The companies will be joined by representatives from the U.S. Agency for International Development, U.S. Commercial Service Liaison to the AfDB, U.S. Department of Commerce, U.S. Department of State, and the U.S. Trade Development Agency.

U.S. Government, AmCham, and Company representatives are available for interviews on September 27.  Contact DPO@state.gov for access to the event and press availability.