Flag

An official website of the United States government

2 MINUTE READ
September 27, 2022

U.S. Business Fact-Finding Mission to Tanzania commences

DAR ES SALAAM, TANZANIA, This morning U.S. Ambassador Donald J. Wright and the Ministry of Investment, Industry, and Trade Deputy Minister Exaud Kigahe, officially opened the U.S. Business Fact-Finding Mission to Mainland Tanzania and Zanzibar.  Twenty U.S. firms signed-up for the event focusing on the agribusiness, energy, healthcare, and information/communication technology industries.

At the opening of the event, Ambassador Wright congratulated the firms for their decision to examine Tanzania as a place to consider investing in key sectors of the economy and expanding their business.  “We welcome more American involvement in the Tanzanian economy – in fact, it is one of our Mission’s primary goals.  U.S. firms bring ingenuity, know-how, and capital, but also a desire to train Tanzanians to manage and run their local operations.  The jobs they develop in Tanzania are not just line-level employees, but highly skilled technology and management professionals,” said Ambassador Wright.

Deputy Minister Kigahe noted; “The United States of America and the United Republic of Tanzania enjoys cordial relationship since 1961 characterized by mutual respect, shared values and aspirations for a more peaceful and prosperous future. The U.S is Tanzania’s third largest bilateral investor in Tanzania and has provided development and other assistance for capacity-building to address health and education issues, promote broad-based economic growth and advance regional and domestic security to sustain progress.”

The day will feature an overview from the Tanzania Investment Centre, a briefing by the American Chamber of Commerce of Tanzania and the CEO Roundtable of Tanzania, and roundtable discussions with representatives from the government of Tanzania. The mission was developed by the American Chambers of Commerce (“AmCham”) of Kenya, Tanzania and South Africa

Tomorrow, September 28, the mission will travel to Zanzibar for briefings by government representatives, a discussion with the Zanzibar Investment Promotion Authority, and keynote remarks from First Vice President the Honorable Othman Masoud Othman.