Tanzania: U.S. Firm Acquires Dowans Turbines

Dar es Salaam — An American company, Symbion Power, yesterday confirmed it has bought the controversial Dowans Tanzania Ltd's electricity generating plant at Ubungo in Dar es Salaam. Details of the transaction, however, were shrouded in secrecy.

Executives of the US firm told a news conference at the Kilimanjaro Kempinski Hotel that they had signed a confidentiality clause that prohibits them from revealing key details of the deal without the approval of the mystery sellers.

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