East Africa Rising

East Africa Rising

From Mozambique northward to the confines of Somalia even, there has been sustained progress and renewed hope. Over the past ten years, annual GDP growth rates have averaged 8 percent in Mozambique, 7 percent in Tanzania, 5 percent in Kenya and 10 percent in Ethiopia. Tens of billions of dollars are in the process of being poured into Mozambique and Tanzania to tap into vast offshore deposits of natural gas intended to feed growing demand in both South and East Asia, at the other end of the Indian Ocean. Meanwhile, hydrocarbon exploration is occurring in northwestern Kenya and off of Kenya's coast, as well as in the interior reaches of East Africa, particularly in the Great Rift Valley basin stretching through parts of Uganda, the Democratic Republic of the Congo and Tanzania.

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