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Vol 63 No 22

Published 3rd November 2022


President Hassan edges towards political reform and big gas

Ahead of the signing of a multi-billion dollar gas export project, investors are keeping a close watch on stability

This year, the government is embarking on two big projects which could radically change the country's political economy over the next five years. Firstly, and under pressure from oppositionists and civic activists, the government has started to liberalise the political system ahead of the 2025 elections by acceding to some incremental reform. And secondly, as part of a determined push to exploit the country's fossil fuel reserves before time runs out, Tanzania is to sign a host government agreement this year setting out the commercial and technical terms to develop a $40 billion liquefied natural gas project.

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