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Posted by
admin 550 days ago
(http://investinginafrica.net)
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AFRICANEWSWIRE.NET (November, 15 2011) Tanzania’s rapidly growing economy is hungry for electricity. Energy demand is propelled by a booming mining sector and pro-business policy reform, but a long-running drought has slashed output from the nation’s hydro dams. Consequently, blackouts in the commercial capital, Dar es Salaam, are now commonplace, dramatically increasing the cost of doing business in the country. Orca Exploration, a Canada-listed natural gas producer, is poised to help alleviate the power shortage. Read why I think the stock merits inclusion on Africa investors’ watchlists over at Seeking Alpha.
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