AGP Executive Report
Last update: 8 hours agoTrade and Exports: Tanzania’s fish exports rose 11.3% to US$181.6 million in the year to August, as better processing and logistics boosted sales. Trade with China is projected to top Sh31 trillion this year, up from Sh29.82 trillion in 2025; the partnership has generated more than 150,000 jobs, officials say. Mining: Minerals Minister Anthony Mavunde urged African countries to fund exploration and processing with domestic capital. Tanzania allocates 10% of mining revenue to geological surveys, though only about 16% of its land has been surveyed in detail. Business and Finance: TRA plans to simplify tax compliance for sugarcane farmers and other businesses. Bolt and Vodacom have launched a ride-now-pay-later service, with repayment through M-Pesa. Energy: Amsons Group has acquired Oryx Energies’ Tanzanian oil assets in a deal valued at close to Sh30 billion. Infrastructure: Construction of the Sh124.6 billion Pangani Bridge is 72% complete, with the project expected to ease cargo and passenger transport.
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