What happened to the proposed Serengeti Disney theme park in Tanzania?

A proposed multi-billion dollar 'Serengeti Disney' theme park in Tanzania appears to have stalled indefinitely. Despite initial hype in 2019, the project has seen no progress and is no longer mentioned by regional officials.
Why it matters
The story serves as a case study on the risks of ambitious, large-scale infrastructure projects in emerging markets and the importance of vetting investment claims.
It was touted to be the first ever Disney theme park facility in Africa.
The article provides a factual retrospective on a failed development project without taking a political stance.
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