Wednesday , July 15 2026

News

Tanzania’s Untapped Jewel Box

Deep in Tanzania’s Ruvuma Region, the Tunduru District quietly holds one of East Africa’s most extraordinary concentrations of gemstones and precious minerals, yet it remains largely off the radar of the global mining mainstream. The district’s alluvial deposits yield an unusually diverse array of high-value stones: vividly coloured sapphires and …

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Qatar’s firm seeks to invest in Tanzanian mining, energy, agriculture sectors

DAR ES SALAAM: A Qatar-based company, Future Union, has expressed interest in investing in Tanzania’s mining, energy, and agriculture sectors. The company showed interest in a discussion between a delegation from the company and the Tanzania Investment and Special Economic Zones Authority (TISEZA) in Dar es Salaam. The delegation was accompanied …

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Kenya’s Mineral Renaissance: Shifting from Tourism to a $100 Billion Mining Powerhouse

NAIROBI – Kenya is positioning its long-dormant mining sector as the next frontier of national economic growth, moving to capitalize on massive mineral discoveries that experts believe could rival the country’s storied tourism industry. With the recent unearthing of gold and rare earth element (REE) deposits valued in the tens …

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Rwanda’s 3T Mineral Surge: How A 46% Export Rise Reshaped the Trade Balance

In an era where critical minerals underpin the global transition to digital technologies, renewable energy systems and advanced manufacturing, Rwanda’s mining sector has emerged as one of sub-Saharan Africa’s most compelling export success stories. Between January and December 2025, the nation’s exports of the so-called 3T minerals, tin (cassiterite), tungsten …

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Govt reassures Ugandans of first Oil by July 2026 – Updated

The Executive Director of the Petroleum Authority of Uganda (PAU), Mr Ernest Rubondo, has reassured Ugandans that the country remains on course to achieve its first oil production by July 2026. He said all key players in the oil and gas sector are working toward meeting the target, with critical …

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Tanzania and South Africa Forge Strategic Gold Mining Alliance in Kigosi

BUKOMBE – Tanzania’s State Mining Corporation (STAMICO) has finalized a landmark strategic partnership with South Africa’s Plantcor Mining and Plant Hire, marking a decisive shift in the development of the long-dormant Kigosi gold project. The agreement, signed this week in the Geita Region, follows high-level negotiations initiated at the recent …

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Martin Engineering to exhibit at CONEXPO-CON/AGG 2026

The global leader in belt conveyor accessories and bulk material flow technology, Martin Engineering, is exhibiting at CONEXPO-CON/AGG 2026 and will unveil several new products. Developed at the company’s Center for Innovation (CFI), the latest heavy-duty accessories, from belt sealing systems to state-of-the-art flow technology, will be on display. Martin …

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Turning Africa’s Mineral Wealth into Workforce Power

Mineral endowment is no longer just a geological statistic but it is increasingly central to the continent’s employment and industrial ambitions in Africa. According to the Compendium of Africa’s Strategic Minerals 2026 released by the Africa Finance Corporation (AFC), the continent holds an estimated $29.5 trillion in mineral wealth, roughly …

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Tanzania’s Mining Sector Pivots to Value Addition and Green Capital

DAR ES SALAAM – The African mining landscape is undergoing a seismic shift where success is no longer dictated by geological abundance alone but by the sophistication of financial architectures. As the continent pivots from mere extraction to value addition, the ability to forge collaborative financing models has emerged as …

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Tanzania Secures B1 Rating Affirmation as Post-Election Recovery Ignites 6% Growth Projection

DAR ES SALAAM—Moody’s Ratings has reaffirmed Tanzania’s long-term issuer ratings at B1 with a stable outlook, providing a significant vote of confidence in the sovereign’s economic resilience following a volatile 2025 election cycle. The ratings agency projects that the East African nation will maintain a robust growth trajectory of at …

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