Tanzania’s mining sector has undergone transformative changes in recent years, making it an increasingly attractive destination for foreign investors. With a more pragmatic approach to regulation, a focus on critical minerals, and strategic government initiatives – particularly in relation to local value addition and beneficiation – the country is positioning itself as a leader in Africa’s mining industry at a time when several other traditional mining jurisdictions are struggling to attract investment.

5 February 25

The Tanzanian government has, in recent years, consistently demonstrated its commitment to creating a favourable investment climate. At the 2024 Invest in African Mining Indaba in South Africa, Minister of Minerals, Hon. Anthony Peter Mavunde, went to some lengths to highlight Tanzania’s economic and political stability, resource potential and investor-friendly policies. Amongst other things, he emphasised the government’s focus on transparency, timely licensing processes and addressing investor concerns through public-private dialogues.

In this regard, the Ministry and the Mining Commission have taken significant steps to streamline processes for issuing mining licenses, reducing approval timelines and historical bottlenecks significantly.

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Should you have any questions on investing in Tanzania’s mining sector please do not hesitate to contact Chris Green, Shemane Amin, Dominic Rebelo or Geofrey Dimoso

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Contributors

  1. Amiri Sharifu – Associate
  2. Ruth Nnko – Trainee Lawyer

 

Authors