M a r k e t N e w s

Tanzania - The Next Vast Sub-Saharan Energy Hub

Posted on : Monday , 7th October 2019

Across East Africa, Tanzania is strategically standing itself as the next Sub-Saharan powerhouse, with the potential to draw billions, revitalize its economy and aim to industrialize Tanzania.

The third Tanzania Oil and Gas Congress, went a step further to explore acute aspects within the extractives industry, such as sectorial collaboration for prosperous oil and gas projects, updates on Tanzania's projects and global market overviews and short-term demand and supply in Tanzania.
 

The congress brought forth strategic players from top-notch oil and gas industry spheres, which have been leveling the playing field for the past 48hours.
 
It goes without saying: Tanzania oil and gas landscape is yet to see vital potential investments and operational improvement on domestic utilization and exportation of natural gas as well as oil exploration.
 
In that context, Tanzania stands to draw potential investors and elongate standing advancement strategies, not only via the extractive industry but mirroring oil and gas benefits to develop other sustainable parameters of the economy: Agriculture and transport in particular Collaboration in oil and gas projects
 
According to Tanzania's Permanent Secretary, Ministry of Energy, Dr. Hamisi Mwinyimvua, inter-regional oil and gas projects do bear realistic future prospects, observed by Uganda, Tanzania, Zambia, and Uganda.
 
From Tanzania Zambia Pipeline (TAZAMA) to the game-changing- East African Crude Pipeline project (EACOP), vast amount of gas and oil stand to be generated at the same time, increase the employability landscape via forward and backward linkages, as Permanent Secretary go about mentioning the 10,000 potential jobs to be generated from EACOP project only. Further, Permanent Secretary guaranteed investors in the congress, of electricity stability in the coming years, whereby, Tanzania is striving to generate more than 2000MW by 2022 and sell surplus electricity to neighboring countries.
 

Source : www.nzafafr.com
Featured Companies
  • /
  • African Business Development Association
  • /
  • TITAN Containers A/S
  • Mercury Tube Products
  • SMES Today Magazine
  • DOOREE INTERNATIONAL CO LTD
  • africabusiness.com
  • Your Banner HERE!

Complete List  

Advertisers in previous issue:

  • We have been at the forefront of plate heat exchanger technology.
  • SPB Technical Development Ltd., Hungary, is a privately owned company established in 1996 to design and manufacture products of information technology and of the bank sector.
  • SIDC Ceramic Plant is a state of the art blend of European technology and expertise.
  • Preparing the PE raw materials in the shape of powder.
  • Ceramic World Web is the first and only electronic magazine devoted to the entire ceramic industry production chain, from manufacturing through to distribution of floor and wall coverings and bathroom furnishing.
  • Used Machinery
  • We are fountain specialists. With over 30 years of experience and more than 1000 fountains built in 7 different African countries, Poolspa is the fountain and water feature leader in Africa
  • PIC8 Forniture Industriali
  • Premier trade shows helping volume buyers source from Greater China
  • We are primarily involved in the following product range of material processing equipment: Crushing Equipment, Screening Equipment and Washing Equipment.
  • Exporter of Alloys & tool steel
  • Indian Hardware & Sanitary News is a single trade monthly magazine which creates, manages and delivers the information that trading partners need to meet and do business.
Afrotrade International Marketing, Tel: +971-50-6285684
© 1998-2020 Afrotrade