Global investors, funding institutions to meet in Dar

President Uhuru Kenyatta with his Zimbabwe counterpart Robert Mugabe (second left) and Hailemariam Dessalegn (left), the Ethiopian prime minister, during the launch of negotiations for the Continental Free Trade Area in South Africa last year. PHOTO | FILE 

DAILY NEWS Reporter

The forum dubbed the Tanzania International Investment Forum For Investments (TIFI 2016) is set out to be the largest gathering of international investors in Tanzania which is expected to boost the country as a leading investment destination in the region.

Co- organisers of the forum, Tanzania Trade Development Authority (TanTrade) and the Tanzania Private Sector Foundation said in a statement that already there is funding commitments amounting to 1.0 billion US dollars out of possible 4.0 billion US dollars in potential investments funding commitments.

“With confirmed funding commitments amounting to US$1 billion and confirmed participation from global investors and funding institutions in control of more than US$200 billion, the Tanzania International Investment Forum For Investments is set out to be the largest gathering of international investors in Tanzania,” the organisers said.

Confirmed participating companies include Credit Suisse International, Africa Finance Corporation, Nedbank, UK Climate Investments, Pembani-Remgro Infrastructure Fund, Nedbank Corporate and Investment Banking, Intertoll Africa (Pty) Ltd, Advance Consulting, Netherlands, Letsema Consulting & Advisory (Pty) Ltd, Afriwise Consult, Development Bank of Southern Africa, Advanced Finance & Investment Group (“AFIG Funds”), Centre for the Promotion of Imports from developing countries – Netherlands, Others are CRDB BANK PLC, ZHE Africa, East Africa Trade and Investment Hub, Kibo Mining Plc, Rand Merchant Bank, Frontier Investment Management (FIM), German International Cooperation (GiZ), Mkoba Private Equity Fund, Kibo Capital Partners, CrossBoundary LLC, Metier Sustainable Private Equity, SME Impact Fund, MasterCard, Public Investment Corporation -Africa’s largest asset manager and many more The TIFI 2016 world class programme comprises intimate highly-interactive sessions that give entrepreneurs, investors and financiers the best platform to build relationships and forge business-to-business and business-to-government partnerships.

The Forum will showcase specific investment opportunities in key sectors including Agriculture & Agro-processing, Tourism, Energy, Manufacturing, Infrastructure, telecommunications & ICT, Mining, and Financial services; and is expected to attract investors and participants at decision making level, comprising local and foreign companies, heads of public institutions, and other relevant stakeholders.

In addition, an exhibition is planned to take place on the side-lines of the Forum to showcase selected export products and display foreign exhibitors as well to market their products. The Forum is expected to secure investment pledges and commitments, joint venture partnerships between local and foreign companies, financial arrangements, and export orders among a few of the deliverables.

With networking support before, during and after the event, TIFI 2016 is a MUST ATTEND EVENT “We welcome investors throughout the world to participate in the TIFI 2016 and explore the abundant opportunities available in Tanzania, where return on investment is among the highest in Africa,” - Godfrey Simbeye, Executive Director, Tanzania Private Sector Foundation said