Dar es Salaam, March 20 -- ZANZIBAR: The President of Zanzibar and Chairman of the Revolutionary Council, Dr. Hussein Ali Mwinyi, has launched the first round of allocation of blocks for oil and gas exploration and extraction companies in offshore areas of Zanzibar.

Speaking at the event held at the Golden Tulip Hotel in the Airport area on March 20, 2024, President Mwinyi stated that the Isles Government welcomes all oil and gas exploration and extraction companies to participate in this round.

He assured investors in the sector that the Government is ready to ensure a conducive investment environment for the benefit of all.

President Mwinyi emphasized the Governments commitment to strengthening the blue economy with the aim of accele...