AGP Executive Report
Last update: 5 hours agoEnergy & Industry: Tanzania’s clean-cooking drive aims to reach 35% of the population by year-end, while 36 schools are switching to electric kitchens. Helium One reported stronger flows at its Rukwa well and helium concentrations as high as 9.2%; Lake Victoria Gold has begun 6,500 metres of grade-control drilling at its permitted Imwelo project. Agribusiness: TADB says it unlocked US$300 million in private capital, as horticultural export values doubled to US$569 million and Tanzania seeks investment in cold-chain facilities. Business & Finance: Bank of Tanzania guarantees have unlocked TSh2.1 trillion in business loans, while Vodacom Tanzania’s profit rose 183% to TSh117.8 billion. Infrastructure: Tanzania secured US$1.2 billion for railway expansion and is exploring public-private financing with Kenya; a renewed AfDB–AFD deal also includes support for Tanzania’s Kakono hydropower project.
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