East Africa
Comprehensive, insightful and in-depth articles and news on mining & industrial markets, and developments from around East Africa.
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Kenya on course for $5 billion nuclear plant to power industry
Kenya’s nuclear agency submitted impact studies for a $5 billion power plant, and said it’s on course to build and…
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Hope for Tanzania as gold price hits new high
Gold struck a record high of $1,944.71 in Asian trading on Monday as traders piled into the “safe haven” investment,…
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OPEC cuts, oil price drop delay South Sudan plans to lift output
South Sudan is banking on a better year in 2021 after efforts to rebuild its oil industry were knocked by…
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Conflict gold in spotlight as investors flock to precious metal
As demand for gold as a safe haven surged during the coronavirus pandemic, concerns about sourcing the precious metal responsibly…
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Tanzania’s mining sector contributes over 15% to GDP in 3 months
Mining is among the key sectors that have been touched by reforms and which have contributed to the growth of…
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Gold beats tourism to become Tanzania’s leading foreign exchange earner
Gold is now Tanzania’s leading foreign exchange earner after overtaking tourism which has been hit by the Covid-19 global pandemic.…
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Petra willing to sell Williamson diamond mine stake to Tanzania government
Petra Diamonds, which owns Mwadui- based Williamson mine, says it will work with the government in the intended sale of…
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Gold earnings in Tanzania’s Katavi mining center jump up
Tanzania government has earned a royalty amounting to over 1.3 billion/-derived from transaction of gold weighing 233 kgms valued at…
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