Uganda, TZ in bid to help locals tap into $3.5b pipeline project
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 Advertisement 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 r...
Source: monitor.co.ug