Tanzania plans to establish a minerals exchange by the end of this year, in a bid to ensure the East African nation reaps the most from its resources, Minerals Minister Angellah Kairuki said. The nation’s resources including gold, diamonds, iron, silver, copper, graphite and other rare earth minerals such as gemstones.
“We will take into consideration the laws to ensure that this plan is successful,” Kairuki said in a statement on a government website.
Officials from the Tanzania Mercantile Exchange, which was launched in 2015 to trade agricultural produce and has yet to start, will help develop the mineral exchange, the minister said.
SOURCE: Bloomberg
Ethiopia has cleared the way for Safaricom to introduce M-Pesa in the market of 110 million people after deciding to include the ...
Egyptian largest private sector bank by assets Commercial International Bank (CIB) is seeking to acquire more banks to strengthen ...
The European Investment Bank and International Solar Alliance have published a study outlining access solutions to overcome key ...
Kenya has been ranked the top country in the world in reducing population with no access to electricity, pointing to the impact ...