Login

Lost your password?

Sign Up

Register

Login

Login

Lost your password?

Register

Monday, June 27, 2022
  • Home
  • Banking
  • Industry & Trade
  • Investing
  • Money Deals
  • Regional Markets
  • Tech & Biz
  • Countries
  • Opinion

Africa's
Investment
Gateway

The Exchange
  • Login
  • Register
Subscribe
This Month's Edition
Previous Editions
  • Home
  • Banking
  • Industry & Trade
  • Investing
  • Money Deals
  • Regional Markets
  • Tech & Biz
  • Countries
  • Opinion
No Result
View All Result
The Exchange
  • Home
  • Banking
  • Industry & Trade
  • Investing
  • Money Deals
  • Regional Markets
  • Tech & Biz
  • Countries
  • Opinion
No Result
View All Result
The Exchange
LOGIN
Tanzania energy sector still relies largely on biomass but the government is now investing in clean and renewable energy. Photo/Solar Africa

Tanzania energy sector still relies largely on biomass but the government is now investing in clean and renewable energy. Photo/Solar Africa

Tanzania hosts major energy sector conference as environment improves

Hosted under the flagship of the Energy Ministry, TEC will highlight the plans and priorities of the Ministry of Energy with regard to the next strategic steps in both the energy and hydrocarbons sectors in Tanzania.

by Giza Mdoe
June 8, 2022
in Industry and Trade
0
Share on FacebookShare on LinkedIn
  • Tanzania’s Government is scheduled to open the 2022 Tanzania Energy Congress (TEC) this August in the country’s commercial port city of Dar es Salaam
  • TEC will highlight the plans and priorities of the Ministry of Energy with regard to the next strategic steps in both the energy and hydrocarbons sectors in Tanzania
  • This annual event premiered four years ago under the steward strategic partnership of Ocean Business Partners Tanzania

Tanzania’s Government is scheduled to open the 2022 Tanzania Energy Congress (TEC) this August in the country’s commercial port city of Dar es Salaam.

Hosted under the flagship of the Energy Ministry, under the patronage of His Excellency January Makamba, Minister for Energy, TEC will highlight the plans and priorities of the Ministry of Energy with regard to the next strategic steps in both the energy and hydrocarbons sectors in Tanzania.

The two-day conference (3 – 4 August 2022) will feature several keynote speeches, round table discussions and exhibitions.

Alongside the slew of sector and technology exhibitions, a host of speakers will deliver their speeches on various topics of issues in line with the overall agenda.

Speakers will include several high ranking government officials including Ministers and Permanent Secretaries among whom will be Hon. Minister Liberata Mulamula (MP) Minister of Foreign Affairs, Hon. Mwigulu Lameck Nchemba (MP) Minister for Finance, Ministry of Finance and Planning, United Republic of Tanzania and Hon. Dr. Saada Mkuya Salum Minister of State, Office of the President Finance and Planning, Zanzibar among others.

Also speaking at the conference will be a handful of dignitaries and prominent business leaders in the energy sector the likes of Hon. Abdulsamad Abdulrahim Director at Ocean Business Partners, Dr. James Mataragio Managing Director Tanzania Petroleum Development Corporation (TPDC), Maharage Chande Managing Director of Tanzania Electric Supply Company (TANESCO) and Dr. Maduhu Isaac Kazi Executive Director Tanzania Investment Centre (TIC) to mention but a few.

This annual event premiered four years ago under the steward strategic partnership of Ocean Business Partners Tanzania. The organizers attest to the fact that Tanzania is swiftly becoming an enabler of new business opportunities for the energy industry in East Africa.

That being the case, this year TEC will focus on key updates in Tanzania’s energy sector spanning the EACOP pipeline, upstream offshore gas developments, LNG project negotiations and a number of renewable energy project proposals.

It will feature strategic discussions that will highlight the full range of business opportunities and meaningful value that these and many other energy developments will bring to the national economy and community.

The organizers encourage sector stakeholders to participate noting that, “…you will discover the full range of strategic business opportunities and meaningful value that recent developments will bring to the local and national economy and community. Your company can act on these opportunities by meeting with all the key local and international industry stakeholders.”

Read: Tanzania Oil and Gas Conference paving way for East Africa’s Energy Future

Key Conference Topics

  • Global Ministerial Panel: Improving Africa’s Economy Through Energy Sector Market Development Expansion: The Impacts of the Global Energy Transition on Policy, Strategy and Investment Decisions
  • African Leadership Panel: Tanzania & The African Energy Landscape: The Industry’s Approach to Investing and Financing Low-Carbon Energy Infrastructure Projects in Africa
  • Local Content Spotlight: Leveraging Local Capacity Building for Long-term Sustainable Growth
  • Tanzanian Leadership Panel: The National 5 Year Development Plan: Tangible Demonstration of Sustainability & Social Impact
  • Investment Leaders Projects Panel: Promoting Investment & Growth Internationally: The Importance of Accessing Finance & a Fair Fiscal Regulatory Regime
  • Women in Energy Leadership Forum: Empowerment for Sustainable Inclusive Development
  • Renewable & New Energies Panel: Showcasing Pioneering Projects & Demonstrable Knowledge Transfer
  • Technology Innovation Panel: Showcasing Cost Competitive, Environmentally Sustainable and Proven Low-Carbon Technology Solutions
  • SME’s Spotlight: Designing Fair & Competitive SME Business Models to Stimulate Localised Energy Market Development
  • Legal Framework Spotlight
  • Diversity & Inclusion Spotlight: Harnessing Indigenous Talent to Realise Competitiveness and Industrialisation for Human Development

Read: 4th industrial Revolution watershed moment for development in Africa

Other Aspects Of The Energy Congress

As customary, TEC will sponsor a University contest that is meant to support the development of the education sector in Tanzania “…by inviting leading universities with engineering programmes to participate and share opinions with governments and operators.”

The event organizers maintain that ‘…the need for Tanzanian professionals in the areas of engineering, geology and natural resource exploration, extraction, production and development is becoming very important for the sustainable development of Tanzania’s economy, and therefore more universities are being urged to open related academic programmes.”

The higher-level learning involvement will be through an essay contest under the following themes: How can the public and private sector partner to build capacity, transfer knowledge and develop a skilled workforce?  How to strike a balance between exploring hydrocarbons and ensuring a cleaner future for all Tanzanians? What role will the gas & LNG projects play in Tanzania’s economic diversification and industrialization?

Tanzania Energy Sector cross-section

Tanzania is a vast country with abundant and diverse indigenous energy resources including wood fuel and other biomass fuels, hydropower, natural gas, coal, uranium, wind, geothermal and solar.

Unfortunately, Tanzania’s energy sector remains largely underdeveloped and the majority of the country still depends on biomass and in particular the burning of firewood and charcoal.

According to the Tanzania Rural Energy Agency (REA), 63.5% of the households in Tanzania Mainland use firewood as the main source of energy for cooking, followed by charcoal 26.2%, liquified petroleum gas 5.1% and electricity 3.0%. Other cooking energy comprises 2.2%.

As the numbers show, biomass makes up close to 90% of the total primary energy consumption in Tanzania. This huge burning of biomass is responsible for the deforestation of a shocking 100,000 h of forest per year.

Nonetheless, the government of Tanzania has been investing a great deal in the energy sector as well as reforming policies to attract foreign and local investment in the sector. Already there are massive gas and oil explorations underway as well as hydropower plants under construction along with several green renewable energy investments including solar and wind.

Available data from REA shows that 78.4% of the total population have access to the grid electricity while households connected are 37.7%. The households electrified by solar photovoltaic technology are 30.4%

Other energy sources are petroleum, which makes up 7.8% of total primary energy consumption, natural gas (2.4%), hydropower (1.2%) and coal/peat (0.3%).[3] About 6.6 per cent of primary energy needs to be imported, primarily from Uganda (17 MW), Zambia (8 MW), and Kenya (1 MW) [Ministry of Energy June 2020].

Read: Tanzania: The next big Sub-Saharan energy hub

Tags: AfricaAfrican Development BankEast AfricaEast African Communityinvesting in energy tanzaniaOil and Gas in TanzaniaTanzaniaTanzania energy congressTEC

STATE OF ECONOMY - GET THE REPORT

ASSESSING EAST AFRICA

Loading...

Giza Mdoe

Giza Mdoe is an experienced journalist with 10 plus years. He's been a Creative Director on various brand awareness campaigns and a former Copy Editor for some of Tanzania's leading newspapers. He's a graduate with a BA in Journalism from the University of San Jose.

Related Posts

DRC Investment Summit Mining in DRC, Copper Mining in DRC, Cobalt Mining in DRC
Industry and Trade

DRC investment summit an opprotunity for EAC’s economic growth

June 27, 2022
www.theexchange.africa
Business

Expert says Most African youth consider agriculture unattractive

June 24, 2022
Consuming tea. Kenyan tea exports to Pakistan could reduce after a new government directive. www.theexchange.africa
Industry and Trade

Pakistan: Reduced tea consumption worries Kenyan farmers

June 24, 2022
Next Post
www.theexchange.africa

US warns Africa against wheat from Russia amid worsening drought

Tanzania President Samia Hassan dedicates Tanzania receives Babacar N'Diaye Trophy to former president John Magufuli. Photo/AfDB

Tanzania road infrastructure fueling development opportunities

www.theexchangeafrica

Kenya’s economy to grow by 5.5% in 2022, down from 7.5% in 2021

Please login to join discussion




This months edition

Features

Afreximbank signs EUR250 million loan agreement with KfW, acting on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ) (Photo/ Afreximbank)
Investing

Germany trade relations with Africa 2022

by Albert Nangara
June 6, 2022
0

According to Deutschland, German companies long concentrated only on South Africa, but this is changing. Over the past eight years,...

Read more
www.theexchange.africa
Investing

EU Trade Relations with Kenya in 2022

by Wanjiku Njugunah
June 3, 2022
0

The EU and Kenya bilateral relationship in 2022 continues to thrive with the regions currently negotiating on an interim Economic...

Read more
Africa

African Diaspora: Builders of Africa’s future attracting investment from Silicon Valley

by june njoroge
June 3, 2022
0

The African Diaspora Network (ADN) has been instrumental in not only offering a platform for dialogue, action and innovation but...

Read more
Banking

Cybersecurity: SACCOs embrace new course to mitigate fraud

by june njoroge
June 3, 2022
0

Savings and Credit Co-operative Societies (SACCOS) have embraced the new cybersecurity course launched by the Chartered Institute for Securities and...

Read more
Investing

Quenching Africa’s Thirst: Solving the Water Crisis

by june njoroge
June 3, 2022
0

In the wake of the ongoing devastating drought that continues to ravage the Horn of Africa at an alarming rate,...

Read more

News

Banking
Industry & Trade
Investing
Money Deals
Regional Markets
Tech & Biz
Opinion

Countries

Kenya
Tanzania
Uganda
Burundi
Rwanda
Southern Africa
Ethiopia

More

My Account
Contact us
Advertise
About us
Help Center

Subscribers Center

E-paper
Premium Stories
Education Rates
Corporate Subscriptions
Weekely Newsletter

  • My account
  • About us
  • Advertise
  • Contact
  • Privacy Policy
  • Refund Policy – The Exchange
  • Sitemap

No Result
View All Result
  • Home
  • Banking
  • Industry & Trade
  • Investing
  • Money Deals
  • Regional Markets
  • Tech & Biz
  • Countries
  • Opinion
  • Login
  • Sign Up
  • Cart

© 2021 The Exchange - Powered by MediapixManaged by Supported by Digihandler,

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In