A DELEGATION of Angolan investors is currently in Tanzania to explore potential partnerships and investment opportunities, including agri-processing sub-sector.

Felix John, investment promotion manager of the Tanzania Investment Centre (TIC) unveiled said on Monday when speaking to journalists on the arrival of the delegation, saying   the visit aims to enhance collaboration between Angola and Tanzania, with the broader goal of boosting   African economy.

"We expect that through this visit, we will be able to register various investment projects, particularly from Angola," he said.

John highlighted that TIC has been working diligently to streamline the investment process, making it easier for companies to establish their presence in Tanzania.

“One of the key initiatives implemented by the government is the Investors One Stop Facilitation Centre,   the first-of-its-kind programme that brings together 15 government ministries, departments  and authorities under one roof. The initiative allows investors to register their projects and obtain   TIC certificate of incentive within just 48 hours,” he explained.

He added that TIC’s proactive approach is part of a broader strategy to position Tanzania as   premier destination for African investors, including those from Angola.

"Our goal is to attract investors from across the continent, and we expect to see   significant increase in investment projects from Angola this year."

The delegation includes CEOs and heads of major companies who are eager to explore various sectors, including agriculture, infrastructure, tourism, hospitality  and industry.

“We are excited to be here and are eager to work with Tanzanian companies to foster economic growth,” said Ariclene Duarte Gomes, executive admin for Tegmasu Group, a leading company in Angola.

The delegation expressed particular interest in Tanzania’s agricultural potential. "Our company specialises in chips, potatoes, and other agro-industrial products, and we see great opportunities in Tanzania’s agricultural landscape. Additionally, we are looking to develop our tourism sector, and Tanzania’s expertise in this area will be invaluable," Gomes remarked.

Gomes also highlighted the historical connection between Angola and Tanzania, stating that while the two countries have shared ties in the past, there is still much more to be done to strengthen their partnership.

"We are neighbouring countries, and it’s important that we work more closely together," he added.