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Tanzania seeks new investor as China and Oman withdraw from Bagamoyo Port talks.
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August 5, 2022August 5, 2022Tanzania, World

Tanzania seeks new investor as China and Oman withdraw from Bagamoyo Port talks.

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The government is currently looking for potential investors to take up the Bagamoyo Port Project in the coastal region after China Merchants Holdings (International) Co Ltd (CMHI) and Oman Investment Authority (OIA0 both withdrew. Although the government has shown zeal to revive the project, negotiation guidelines appear inadequate, despite President Samia often blaming top officials...