AGP Executive Report
Last update: 3 hours agoEnergy Investment: Tanzania is nearing final agreements on a $42 billion LNG project led by Equinor and Shell, drawing on 47.13 trillion cubic feet of gas reserves. Some output is expected to serve the domestic market as the government targets 8,000 megawatts of power capacity by 2030. Mining: Lake Zone mineral sales reached Sh4.02 trillion in the year to June, nearly 59% of sales through official markets nationwide. Regional Trade: Tanzania, Kenya and Uganda are working on a joint visa for AFCON 2027 fans, a plan that could bring business to hotels, transport firms and tour operators. Exports: Avocado shipments have topped the 2030 target at 52,000 tonnes, but exporters say Red Sea disruption is limiting access to Europe and India is the main outlet this season. Capital Markets: Zan Timiza ETF raised Sh9.46 billion against a Sh5 billion target, with individual investors accounting for 99% of subscriptions.
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