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Tanzania To Build Massive $3B Hydro Dam

AFRICANGLOBE - Tanzania on Wednesday signed a $3 billion agreement with two Egyptian companies to construct a huge hydroelectric plant in a game reserve that is a UNESCO World Heritage site.

Tanzania’s President Orders Officials To Speed Up 30 Billion Dollar LNG...

AFRICANGLOBE - Tanzanian president John Magufuli ordered officials to speed up long-delayed work on a planned liquefied natural gas (LNG) plant, saying implementation of the project had taken too long. BG Group, recently acquired by Royal Dutch Shell, alongside Statoil, Exxon Mobil and Ophir Energy, plan to build a $30 billion-onshore LNG export terminal in partnership with the state-run Tanzania Petroleum Development Corporation (TPDC) by the early 2020s.