By Anna Tibaijuka

East Africa may be approaching one of those moments when an investment decision becomes a test of a much larger political idea.

Uganda is developing its oil resources and plans a refinery at Hoima. EACOP brings Ugandan crude to the Tanzanian coast at Tanga. Tanzania, Uganda and Vitol have agreed to explore a regional energy hub at Tanga involving refining, storage, logistics, trading and distribution. At the same time, Aliko Dangote has been considering a very large refinery in Kenya.

Related

Rethinking the state’s price control role amid liberalisation – 5