Press Release

In an agreement that signals a strengthening of one of East Africa’s most consequential bilateral relationships, Tanzania and Uganda have signed a broad memorandum of understanding covering rail development, cross-border trade and a resolution of longstanding issues surrounding the East African Crude Oil pipeline. The agreements were reached at the …

The global leader in belt conveyor technology, Martin Engineering, introduced the next generation of safe and effective transfer point dust control equipment. After rigorous testing across many applications, the Martin® ApronSeal™ Urethane Skirting, GravitySeal™ Self-Adjusting Urethane Skirting, and the A.I.R. Control™ Dust Curtain outperformed similar products in tackling fugitive dust …

UMOE Advanced Composites (UAC), a global supplier of large Type IV glass fibre pressure gas storage and transportation modules, has reached a key operational milestone with the first composite cylinders rolling off the production line at its new manufacturing facility in Jiaxing, marking the start of industrial production at the …

The Democratic Republic of Congo has launched its first state-backed gold refinery in an effort to bring order to a sector long plagued by smuggling, conflict financing and informal trade in the country’s mineral-rich east. The facility is the product of a joint venture between state-owned DRC Gold Trading SA …

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 …

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 …

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 …

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 …

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 …