Tanzania is set to officially inaugurate the 2,115MW, Nyerere Hydropower Dam next week. The project was initiated by the late President John Magufuli in 2019.

At the initial cost of $2.9 billion, Magufuli had made it clear that no single penny would be borrowed but rather to be fully funded by Tanzania. Tanzania has now fulfilled Magufuli's wish but at the cost of $3.35 billion. This will bring Tanzania to over 4,600MW power capacity.