Tanzania, a melting pot of opportunities is a thriving business centre. With a growing economy, stable socio-political Government and a developed infrastructure in place, Tanzania offers corporations the ideal avenue for investments. Its proximity to the Middle East, Gulf and Europe, together with its easy access to the major ports of the region, enhances its international trade. The countryâ€™s economic policy is a free market-oriented one. It aims at paving the way for faster economic development of the country through private enterprise and individual initiatives.
EXPOGROUP is getting set to flag off the first ever Power & Energy Exhibition & Conference 2015 from the 27th to the 29th of August, 2015 at Tanzania's prime international venue; the Mlimani Conference Centre in Dar-es-Salaam. Attracting delegates and attendees from over 22 countries across Africa and around the world, it is the industryâ€™s premier conference and exhibition dedicated to the power generation, renewable and alternative energy & distribution industries.
Nairobi-based real estate and equity firms have expressed interest in investing at the Coast, a market that has in the recent past been shunned by investors due to security concerns.
Abuja â€” TO underscore commitment to the on going reform in the power sector, the Federal Government yesterday announced that it has completed the signing of the World Bank Partial Risk Guarantees (PRGs) in support of the 450 megawatts Azura-Edo Independent Power Plant (IPP).
The first unit of the Medupi coal-fired power station entered full commercial operation and has been officially handed over to Eskom by contractors.
Erin Energy, an oil exploration company that has interests in Lamu Basin, has been given permission by the government to proceed to the next stage of exploration which will include drilling an exploration well by the end of 2017.