DODOMA, Tanzania – Tanzania has allocated 2.4 trillion shillings ($967.3 million) to its energy sector for the 2026/2027 fiscal year, part of a massive infrastructure push to turn the country into a regional power exporter.
The Ministry of Energy announced on Monday that the funds will be prioritized for completing ongoing hydropower projects and expanding the natural gas distribution network.
The investment follows recent reports that Tanzania’s core development indicators have remained resilient despite global inflationary pressures.
In Nairobi, the Rockefeller Foundation launched its inaugural “Africa Big Bets Fellows” on Monday, naming several Tanzanian innovators among the ten regional leaders chosen to drive solutions in food security and clean energy.
Tanzanian officials also indicated they are closely monitoring the impact of regional trade shifts. While the country’s energy expansion aims to power domestic industry, the government is also seeking to finalize cross-border electricity trade agreements with neighbors in the East African Community (EAC).
