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    Reuters: East African Leaders Woo Investors for Infrastructure Plan

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Summary

Leaders from Tanzania, Kenya, Uganda, Rwanda and Burundi have today tried to woo gas and oil infrastructure investors to hydrocarbon-rich East Africa

by: Erica Mills

Posted in:

Press Notes, Africa

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Reuters: East African Leaders Woo Investors for Infrastructure Plan

The leaders of five East African countries went on a charm offensive on Thursday to lure investors for a massive plan to upgrade infrastructure in the region that has made big hydrocarbon discoveries.

Tanzania, Kenya, Uganda, Rwanda and Burundi, whose combined economies are worth a total $110.3 billion, are working to package joint infrastructure plans aimed at boosting trade and speeding up economic integration in the region.

Oil and gas discoveries in Kenya, Uganda and Tanzania have turned the region into an exploration hotspot.

Read the full article HERE.

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