Tanzania: Bank Touts Oil Dividend for Region

Dar es Salaam — Ethiopia, Kenya, Tanzania and Uganda are expected to post strong growth supported by foreign direct investment flows into offshore natural gas resource in Tanzania, the onset of oil production in Uganda and Kenya, and agriculture in Ethiopia.

The authors of the World Bank Global Economic Prospects (GEP) report released last week say economic activity was robust in much of Sub-Saharan Africa in 2013.

...

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.