Mauritian firm, Aqua Power, sues Tanzania, seeks $500 million in compensation

Dar es Salaam. The shadow of investment disputes still looms over the Tanzanian government as Aqua Power Tanzania Limited, a company registered in Mauritius, has initiated legal proceedings seeking over $500 million (Sh1.3 trillion) in compensation.

Aqua Power Tanzania Limited, a company registered in Mauritius, has initiated legal proceedings seeking over $500 million (Sh1.3 trillion) in compensation from the Tanzanian government.