Dar es Salaam. Tanzania and Uganda have signed a memorandum of understanding (MoU) which is expected to attract investments exceeding $20 billion in the energy sector, including a refinery in Tanga region.
The fresh step which is expected to transform Tanga into a regional energy hub, comes a few months after Africa’s richest man Aliko Dangote said he would prefer to build mega oil refinery in Kenya rather than the earlier planned in Tanga, Tanzania.