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Shift Towards Industrial Development in Uganda and Tanzania

Latest Tanzania economy news · Shift Towards Industrial Development in Uganda and Tanz… explained · updated Aug 7, 2026 · economy news · GDP · investment

TLDR

  • The agreement was signed at State House in Dar es Salaam on 6 August 2026, during an official visit by Ugandan President Yoweri Museveni hosted by President Samia Suluhu Hassan.
  • Tanzania and Uganda have signed a Memorandum of Understanding on proposals to develop Tanga as a Regional Energy Hub, in a deal Tanzania’s Minister for Energy said could attract investment exceeding USD 20 billion.
  • Studies for a proposed natural gas pipeline linking Uganda and Tanzania are at an advanced stage and are expected to be concluded by October 2026.
  • Tanga Region Tanga is a coastal region in northeastern Tanzania on the Indian Ocean, bordering Kenya, with a population of approximately 2.6 million people according to the 2022 census.
  • Tanzania’s Minister for Energy said in June 2026 that EACOP construction had reached 86% completion, with the first crude oil shipment from the Chongoleani Marine Terminal now expected in January 2027.

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