Why investors ditched Sh2tr biofuels projects

Mtamba Biofuel Farm in Kisarawe, Coast Region. It has been estimated that between 2007 and 2008, the Southern African Development Community got more than $3 billion in biofuel investments. PHOTO | FILE

What you need to know:

  • Declining demand of ethanol and rising cost of biofuels, amidst local uprisings have compelled international monopolies to forfeit the multi-billion dollars that could be invested in Tanzania.