AGP Executive Report
Last update: an hour agoRailway Investment: Tanzania has secured $1.2 billion in commercial financing for the 411-kilometre Tabora–Kigoma railway, strengthening the Central Corridor’s links for farm produce, minerals and regional trade. Mining: Lake Victoria Gold has begun 6,500 metres of grade-control drilling at its permitted Imwelo project as it prepares for initial mining; Rift Helium has also started expanded seismic surveys in the Rukwa Basin ahead of planned 2027 drilling. Telecoms: Vodacom Tanzania’s first-half net profit surged 183% to TSh117.8 billion, reflecting strong growth in the local business. Exports: Horticultural exports doubled in value to $569 million, with new markets opening in 14 countries. Business Finance: Bank of Tanzania credit guarantees have helped unlock TSh2.1 trillion in loans for businesses.
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