Samia breaks up vast Bagamoyo project to attract more investment
To avoid being overly dependent on a single partner, the Tanzanian president has decided to divide the scheme to build a major port in Bagamoyo into different tranches.
Ahead of Emmanuel Macron's expected visit to Tanzania in late 2023, the French government is already preparing the ground. The hope is that France will win contracts in the maritime sector, including a particularly promising one for the construction of a new port in Bagamoyo.
Dubai-based OBC group had its game reserve management activities frozen under former president Magufuli, who died in 2021. It may be about to make a comeback as Tanzania's business climate becomes more open to Emirati investment.
From Washington to Beijing via London, Brussels and Moscow, Samia Suluhu Hassan has revived the links with the capitals that were ignored by her predecessor John Magufuli - and this Tanzanian president has no problem exploiting the differences between her new allies.
The Tanzanian president visited France from 11 to 15 February, and made the most of Tanzania's current favourable international position to conclude a series of trade agreements. It was an opportunity to sell a new image of her country to French investors.