Browsing: Taifa Group

Rostam Aziz Taifa Gas Taifa Group GCL
  • Zanzibar has been grappling with extremely high energy costs, oftentimes costing 50 percent higher than mainland Tanzania.
  • Zanzibar relies on a 125MW submarine grid line from mainland Tanzania for its growing electricity needs.
  • Rostam Aziz solar investment in Zanzibar is part of his wide focus on big energy investment projects around East Africa. In February, Rostam launched a $130 million cooking gas project in Dongo Kundu, Mombasa, Kenya.

With a planned $140 million investment in a solar power project that could see Zanzibar Island achieve electricity independence, Tanzania tycoon Rostam Aziz is coming out as a man with an eye for energy deals. Rostam’s Taifa Energy is liaising with Mauritius-based Generation Capital Ltd and state-owned Zanzibar Electricity Corporation (ZECO), to set up the 180MW green energy field in Zanzibar.

Over the years, the island of Zanzibar has been grappling with extremely high energy costs, oftentimes costing 50 percent higher than …