What You Need to Know
Tanzania’s Minister for Energy, Deogratius Ndejembi, met with IFC’s East Africa Regional Director, Mary Porter, to discuss the National Energy Compact. The talks focused on increasing private sector participation in the energy sector, with notable achievements in electricity generation and rural electrification efforts highlighted during the meeting.
Africa-Press – Tanzania. THE Minister for Energy, Deogratius Ndejembi, has today held talks with the East Africa Regional Director of the International Finance Corporation (IFC), Mary Porter, and discussed the implementation of the National Energy Compact, commonly known as Mission 300.
Held at the ministry’s sub-office in Dar es Salaam, the discussions also focused on strategies to enhance private sector participation in the country’s energy sector.
Speaking at the meeting, Minister Ndejembi highlighted key achievements recorded under the government, noting that electricity generation has increased to 4,500 megawatts from 1,500 megawatts in 2021.
Additionally, he briefed IFC on ongoing efforts to connect electricity to all 12,318 villages nationwide, attributing the progress in part to increased involvement of the private sector.
On her part, the East Africa Regional Director of the International Finance Corporation (IFC), Mary Porter, commended Tanzania for significant strides made in the energy sector and pledged continued collaboration in empowering private sector players to invest in energy projects.
The meeting was also attended by the Energy Commissioner, Engineer Innocent Luoga, alongside experts from institutions under the ministry and IFC.
Tanzania has been making significant progress in its energy sector, particularly since 2021, when electricity generation increased dramatically. The National Energy Compact, also known as Mission 300, aims to enhance energy access across the nation, with a focus on connecting rural areas to the grid. The involvement of international organizations like the IFC is crucial in fostering private sector investment and expertise in this vital sector, which is essential for the country’s economic growth and development.
