Daily Monitor
Thursday February 18 2021
Companies such as Bemuga have been building capacity to benefit from the oil sector once production starts. PHOTO | FILE
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The governments of Tanzania and Uganda have belatedly begun to build capacities of micro, small and medium scale enterprises seeking to benefit from the $ 3.5b East African Crude Oil Pipeline Project.
The project, which includes training is funded by the African Development Bank at a cost of $500,000.
About two years ago oil investors placed huge technical and financial demands - requiring governments to produce required talent on one hand and goods and services that meet international standards and the needs of oil companies on the other hand.