AGP Executive Report
Last update: 3 hours agoMining: State-owned Stamico plans three new mines—two gold and one graphite—as revenue rose to Sh147.8 billion in 2025/26. The government will also direct mining revenue to exploration, aiming to expand detailed geological surveys from 16% of the country to at least 50% by 2030. Energy: Tanzania is close to finalising a $42 billion LNG development deal, while talks with the IMF and World Bank have focused on infrastructure, resource value addition and private-sector growth. Business Finance: CRDB secured a $75 million, 10-year facility to strengthen lending to small and medium-sized businesses; UBA Tanzania has launched a local-currency payment system to speed up cross-border African trade. Digital Economy: Airtel Tanzania paid the government Sh65.48 billion in dividends this year and opened a flagship Dar es Salaam shop, with officials urging further investment in reliable connectivity. Trade & Logistics: Maersk warned that heavy rains could disrupt East African cargo movements and port access through December, risking delays for importers and exporters.
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