Tanzania eyes global energy investment at ADIPEC
The nation aims to attract capital for its 57.54 trillion cubic feet of natural gas and renewable energy projects.
Tanzania is seeking global investment for its energy sector, with Energy Minister Dr Juma Homera attending the 2026 Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) in the UAE. Dr Homera stated that the country has developed strategies to attract both domestic and foreign capital, highlighting energy security as a global priority. Tanzania possesses approximately 57.54 trillion cubic feet of natural gas resources suitable for Liquefied Natural Gas (LNG) and Mini-LNG projects.
Further investment opportunities include the 2,115-megawatt Julius Nyerere Hydropower Project, the 150MW Kishapu Solar Power Project, wind energy in Singida Region, and geothermal resources in Mbeya and Songwe regions. Dr Homera noted Tanzania's potential to become a regional energy trading hub due to its strategic location. He stressed the need for predictable policies, strong legal frameworks, and reduced bureaucracy to boost competitiveness.
The government is implementing the National Energy Compact to mobilize approximately 4.039bn US dollars in private sector investment, focusing on renewables, transmission infrastructure, and Public-Private Partnerships. These efforts aim to transform energy resources into viable projects, attract international investors, and strengthen Tanzania's global energy market position.
Why it mattersTanzania is actively seeking foreign capital for its energy sector development, including natural gas and renewable projects.