The inaugural Tanzania Energy Investment Summit is set to take place on 12th-13th November 2024 in Dar es Salaam supported by key partners from both the private and government sectors.

This landmark event aims to bring together energy industry stakeholders from Tanzania and across the region, offering a platform for networking, knowledge-sharing, and discussions on the future of energy investments in the country. 

Co-organized by HBZ International and the Tanzania Association of Oil Marketing Companies (TAOMAC), the summit aligns with Tanzania’s emerging status as an energy hub for the region with a growing focus on clean energy solutions and sustainable development. Endorsed by TANTRADE, and other relevant government institutions, the event marks a significant milestone in the country’s energy landscape, as it aims to showcase Tanzania’s emerging opportunities for investment in the energy sector.

 Herman Zaidin, Managing Director of HBZ International, said, “This is a very timely event for Tanzania as it continues to strategically position itself as a well-optimized energy hub and catapult the region to become a major player in the global energy market. We invite all stakeholders to join us in this hallmark event.” 

Salim Baabde, Director of Camel Oil (part of Amsons Group) and Ex-Vice Chairman of the TAOMAC Board of Governors hailed the timing of the summit, stating that it has come at an opportune time as the country embraces positive developments in the energy sector.

 “The timing of this event could not have been better when the Sixth Phase Government has embarked on the clean energy cooking promotion in the country with the adoption of the National Clean Cooking Strategy (2024-2034). The principal objective of this strategy is to ensure that 80 per cent of Tanzanians use clean cooking solutions by 2034. Tanzania has also witnessed the commissioning of the Julius Nyerere Hydroelectric Project, with an installed capacity of 2,115 MW.

 This is an exciting moment for investments in Tanzania’s energy sector," said Mr. Baabde. The summit will feature a world-class conference vetted by a specially convened Conference Committee, comprising of a selected group of seasoned industry professionals, including Salim Baabde. 

It aims to provide participants with a comprehensive understanding of the current legal and policy landscape in Tanzania’s energy sector and discuss pressing issues that will be deep-dived by industry experts. Attendees will gain insights into key topics such as investment opportunities, latest project updates, clean energy solutions, deliberations of key industry issues, regulatory frameworks and more. 

Raphael Mgaya, Executive Director of TAOMAC, emphasized the importance of the event for energy stakeholders: “It is our pleasure and honour to co-organise this premier event. We believe it will be a good platform for energy stakeholders to network and interact with policymakers, financiers, regulators, suppliers, and investors. Participants will be able to understand the existing legal and policy landscape in Tanzania while also learning about the opportunities available in the energy sector.

 Our valued members and other suppliers will have the opportunity to showcase their products and solutions to potential customers, enhancing their brands.” He said. The summit is expected to attract a diverse audience from the local and regional energy sectors, including policymakers, investors, suppliers, and industry leaders.

 The event will play a crucial role in fostering collaboration and driving investment in Tanzania’s energy industry by providing a forum for these stakeholders to connect and exchange ideas. The Tanzania Energy Investment Summit stands out from similar conferences by offering a carefully curated agenda specially vetted by the Conference Committee, endorsed by key government ministries and supported by extensive media partnerships.

 The event will provide valuable insights into Tanzania’s rapidly evolving energy landscape and the growing emphasis on sustainable, clean energy solutions. About the Organizers: HBZ International, a global strategic creative communications agency with over 10 years of experience and more than 300 projects completed globally, co-organised the event

. HBZ has partnered with TAOMAC, a key player in Tanzania’s energy sector, and other major stakeholders in the energy industry to bring this important event to fruition.