Extractives and energy transition in East Africa (Kenya, Uganda and Tanzania) raises a number of dilemmas and opportunities that are worth noting. While there have been efforts in achieving the desired transition towards a low carbon economy, the region has put immense efforts towards exploration and development of fossil fuels. The new discoveries of oil deposits in Kenya and Uganda and gas in Tanzania have pivoted the region into emerging oil countries that are keen on harnessing this nascent sector. Locally, the situation has led to heightened expectations on the job and business opportunities that the sector presents. This however does not negate the actual and potential impact in terms of job and business opportunities that the renewable sector presents.
- Date :
- 8th December 2021
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