Tanzania: Investment - Tanga Gears Up for Oil Exploration

TANGA Region's economy is soon changing for the better, if a UK company which is currently doing oil exploration strikes that precious liquid this year.

Afren East Africa Exploration which has been conducting studies in the region for the last three years has finally decided to start exploration this month. Authorities in that region believe that for an investor to invest millions of dollars in the project, it means there is 'something', so the local business community should start thinking how to benefit economically once the drilling begins.

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