Trending
- State of journalism survey 2024 shows media houses are lagging in AI adoption
- Forum sets the stage to unleash global potential for startups during AIM Congress 2024
- Consumer Expenditure in Kenya on a Six-Month High
- Kenya Ports Authority Invests $31 Million in State-of-the-Art Cranes for Lamu Port
- Fintechs should develop products that address the exact needs of their customers
- New report exposes alarming rise in remote desktop protocol fraud by cybercriminals
- Kenya’s remittance inflows grow boosting forex reserves
- Africa’s agritech potential crucial for economic growth
Browsing: invest in Tourism
Energy producers argue that Tanzania’s LNG international markets could be worth around 44.3 billion (based on 2021 markets), thus proving how the sector benefits all parties involved in the investment.
The EACOP pipeline is another success story that Tanzania wears as a badge of honour. It managed to win Uganda over and sweep off Kenya from the deal, as Tanzania’s land laws and policies favoured the project timeline. According to information from the EACOP official website, the oil project will transform oil and gas investment in both countries while increasing their FDI by over 60 per cent during the construction phase alone.
Mining is another extractive sub-sector that yields profits for both Tanzania and investors. After facing a series of international legal complications, Tanzania’s new mining landscape is open for business.
Big global miner such as Barrick Gold has solidified investment in Tanzania mines which produce valuable diamond and gold …