By Edson Baraukwa | Africa Guardian G7 nations are slowing down the development of gas projects in Africa, much to the frustration of TotalEnergies CEO Patrick Pouyanné, who fears this will hinder the global energy transition. Pouyanné has strongly criticized the West’s “exclusion policy,” which cuts off funding for fossil fuel projects in Africa, warning that such restrictions could…
In February, TotalEnergies and its partner China National Offshore Oil Corporation signed a final investment decision with Uganda and Tanzania to kick-start investments worth more than $10 billion to produce and export Uganda’s crude Uganda’s national oil company (UNOC) expects to secure the funding for a $5 billion crude pipeline that the European Union is opposed to, by early…
Summary Investment in Tanzania brings a much wider scale of benefits to the economy especially after the government reshuffled the investment sector Tanzania is one of the most attractive investment destinations LNG is one of Tanzania’s hot investment pockets Tanzania-Uganda are now oil economy partners Tanzania is one of the most attractive places for investors in Africa including East…