Statoil is to resume offshore gas exploration in Tanzania next month.

August 13, 2013 9:09 am0 comments by:
Statoil is to resume offshore gas exploration in Tanzania next month.

Major gas discoveries have been made offshore in Tanzania making the country to become a potential large gas producer in East Africa.

Statoil and its partner ExxonMobil Exploration have made significant discoveries in Zafarani, Lavani and lately in Tangawizi which account up to 17 Trillion Cubic Feet-TCF of gas deposits.

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Japan investors set their sights on Tanzania

August 11, 2013 12:50 am0 comments by:
Japan investors set their sights on Tanzania

Japan has made an unprecedented commitment to invest in Tanzania in a move aimed to make Tanzania as a model for Japan trade and investment in Africa.
This was announced yesterday by Japan’s Economy, Trade and Industry Minister Toshimitsu Motegi who is visiting Tanzania with a delegation of representatives from 13 private and five state companies.

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Tanzanian Artisan Miners Grapple with Life

Tanzanian Artisan Miners Grapple with Life

“I would have given up on this work long ago had it not been because of the urge that one day it will enable me to marry a beautiful wife and owning a house” laments a 28 year old Charles Limu an artisan miner in Tanzania who has spent the last 13 years toiling in a mine without success. The story of the 28-year-old Limu is not any different from that of the other artisan miners who are struggling to make ends meet by offering cheap labor in Tanzania’s emerging extractive sector. For Limu his journey began some 13 years ago when he left his native home in Tanga and […]

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RVR to Extend Train Services to Northern Uganda After I8 Years

Repair Work on the northern Uganda Railway line in progress

RVR the concessionaire for the Uganda-Kenya Railway is in the final stage of resuming railway services to northern Uganda.
RVR is currently completing repair works on the 500 kilometer Northern line which has been out of operation for the last 18 years due to insecurity and vandalism

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Japan to Fund Rural Electrification in Uganda

Japan to Fund Rural Electrification in Uganda

KAMPALA-The Japanese International Co-operation Agency (JICA) has signed a grant agreement with the government of Uganda to fund rural electrification projects in five districts of eastern Uganda.

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Uganda’s Kilembe Copper Mine Sold to Chinese Investors

Uganda’s Kilembe Copper Mine Sold to Chinese Investors

KAMPALA-The government of Uganda has finally sold Kilembe Copper Mines Limited to a Chinese investor.

The mine located about 350 kilometers by road west of the capital Kampala has been out of production for more than thirty years.

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Botswana’s investment and management in diamonds paying off

July 1, 2013 12:25 am0 comments by:
Botswana’s investment and management in diamonds paying off

This week, the government of Botswana announced that it would start auctioning its own diamonds for the first time ever, moving much of its precious stone trade internally, away from the usual markets in the United Kingdom (UK) and Europe

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Tanzania must properly utilise resource wealth

June 15, 2013 12:20 pm0 comments by:
Tanzania must properly utilise resource wealth

Tanzania is sitting on a verified mountain of natural gas resources, enough to help pull the country into economic prominence on the continent.

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Africa is the Net Creditor? This should not surprise us…

Africa is the Net Creditor? This should not surprise us…

Often Western leaders or negotiators have their national interests first, while African leaders are known for having their personal interests first. Let’s change!

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Rifts in Africa’s “Rising” Narrative

June 8, 2013 3:08 pm0 comments by:
Rifts in Africa’s “Rising” Narrative

Leaders have to ensure better management and investment of proceeds from natural resources; a more integrated Africa to achieve some sort of bargaining power in international arenas and a better governed Africa, to keep moving forward. Otherwise the new media narrative won’t hold and the house might well fall down before it is built. That would be a far worse tragedy.

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