Ethiopia and Yemen have begun negotiations into an agreement that could see the former export electrical power to the Middle Eastern nation over 700 miles away, reports indicate. According to sources, the agreement stipulates that Ethiopia will sell 100 MW… Read more ›
Investment and bilateral business between South Africa and Tanzania is expected to increase significantly following an agreement between the two countries, reports indicate. The two African countries have reportedly agreed to initiate working groups to reinforce their respective Export Processing… Read more ›
Tanzania’s energy ministry has revealed plans to set up liquefied natural gas plants in the country in collaboration with BG Group, Statoil, Axon and Ophir among other partners. Tanzania is “thinking of building one industrial area, like what you… Read more ›
British oil explorer Ophir Energy has sold a 20 percent stake in three natural gas blocks off Tanzania’s coast to Singapore’s state-owned Pavilion Energy Pte. Ltd for $1.3 billion. This is the first major deal in Tanzania’s natural-gas sector and… Read more ›