Browsing: Tanzania’s private sector

The wheels of economy would have it that, where there is oil/gas exploration, the multiplier effect is that businesses blossom within and all along the value chain.  

From accommodation that is hotels and guest houses to catering services ranging from high end restaurants for expatriates to Mama Ntilie for the wage workers and everything in between. 

That is the smaller picture, the micro-economics of things, however there are sectors like construction, transportation, electricity and water supply, health and financial services. The list goes on and on, both for small, and medium sized companies, the opportunities available at and around an exploration site are enormous. 

Also read: Oil price drop should nudge Africa towards clean energy

So what aisle local content in Tanzania’s energy sector? In this case let’s focus on the oil and gas sectors and more so the oil sector which is still at the exploration stage. …