Date : 15 November 2014
Venue : Central Hall Westminster
The speaker at the AGM, Alan Roe, gave an update of the situation regarding mining and the possible exploitation of natural gas discovered off-shore in Southern Tanzania. He showed how minerals, especially gold, had not made a big difference to Tanzania’s GDP but had, since about 2000 made a bid difference to its earnings of foreign exchange. Much more was expected from the more recent discoveries of natural gas.
This presentation took place before the dramatic falls in world prices of oil and natural gas. The present position in Tanzania is much less clear.
Alan’s talk was summarised in Tanzanian Affairs.
His slides, including graphics and data, are here tanzania_and_extractives_2014.