BE Counseled

ENERGY INDUSTRY

Overview

Tanzania is endowed with diverse energy sources including biomass, natural gas, hydro, coal, geothermal, solar, wind, and uranium, much of which remains untapped. The energy industry is a crucial driver of the country's economic development, supporting industrial growth, improving livelihoods, and expanding access to electricity. The sector features a mix of traditional and modern energy sources, with natural gas emerging as particularly significant due to substantial offshore and onshore reserves that position Tanzania as a potential regional energy exporter. Government-led reforms and strategic investments—such as the Julius Nyerere Hydropower Project and rural electrification initiatives—are aimed at enhancing power generation, transmission, and distribution infrastructure while fostering private sector involvement. With its abundant resources and ongoing development efforts, Tanzania’s energy sector holds considerable promise for inclusive and sustainable growth.

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Catherine Kameja, SCR ®
MD, BE Counseled