Dar es Salaam. The new Tanzania American Chamber of Commerce office north of Dallas is seeking to mobilize U.S. investment in Tanzania's critical minerals, such as graphite and lithium, which are sought around the world for electric vehicles.
The chamber was founded by Dallas Mayor Eric Johnson.
Ben Kazora, President and CEO of the American Chamber of Commerce and Industry of Tanzania, said: citizen Among other things, it will work to promote U.S.-Tanzanian trade and tourism and strengthen the city's external credibility.
“This is purely a private sector, where we mobilize American investors to invest in Tanzania and advocate for friendly policies in Tanzania.
With this in mind, he said the country is working to mobilize investment in Tanzania's critical minerals, which are sought after globally for use in electric vehicles.
Research shows that Tanzania has great potential for these minerals, especially as it has the world's second-largest lithium reserves and fifth-largest graphite deposits in the world.
He pointed out that the country also aims to promote the African Growth and Opportunity Act (AGOA), which Tanzania is not taking advantage of.
“We aim to encourage Tanzanians to improve their goods and services to meet U.S. standards,” he said.
The aim is also to promote tourism.
Meanwhile, Mayor Dallas said that the relationship with Tanzania and Africa as a whole is one of the most important international relationships.
“Dallas is home to the largest African immigrant community in the United States,” he says.
He said Dallas plays a pivotal role in fostering robust trade and commerce, particularly in the U.S.-Africa relationship, further cementing the city's reputation as a global business hub. emphasized.
He said his goal is to attract more foreign companies to Dallas and make Dallas an international hub for business and trade.
Jeanne Phillips, chair of the Mayor's International Advisory Council, said the Tanzania American Chamber of Commerce has been active for some time. She said it was an honor to help with this project and said she and her team continue to work to further increase the city's international connections.
“So we've been working towards that goal,” Phillips said. “Just a little preview. I think we're going to see a lot more trade offices opening over the next three years. We're really looking forward to that.”
Ambassador Elsie Kanza of the Tanzanian Embassy in the United States thanked Mayor Johnson for his efforts.
“As my brother Mayor Johnson said at the outset, what a journey this has been. On behalf of the Tanzanian government, I would like to thank you for inviting Tanzanians to participate in this visionary initiative. I would like to express my deepest gratitude to Dallas Mayor Eric Johnson for his hard work,” said Kanza.
