Tanzania: Demand for Charcoal To Double By 2030

Posted on :Friday , 2nd December 2016

Dar es Salaam — Charcoal demand in Tanzania is likely to increase from 2.4 million to over 5 million tonnes annually by 2030 unless an affordable alternative cooking energy is found, experts have said.

Australian Company Granted License for Chilalo Graphite Project

Posted on :Friday , 25th November 2016

 The Tanzanian Ministry of Energy and Minerals recently granted a 10-year mining license to Australian resource company Graphex Mining (ASX:GPX) for the Chilalo graphite project in south-east Tanzania.

The mining license has been granted for a period of 10 years and covers an area of 10sq. km (the Shimba graphite deposit at Chilalo).

Phil Hoskins, Managing Director of Graph. . .

Africa’s mining markets show momentum for investors

Posted on :Thursday , 24th November 2016

 It seems almost as if there are two parallel economic worlds right now. In the developed economies, commentators and policymakers are bouncing from one moment of turbulence to another (the latest being Brexit) – whilst Africa undergoes structural, industrial and economic change. Africa’s policymakers and regional bodies have moved quickly to find new funding avenues to support. . .

AFRICA - THE NEXT GROWTH MARKET

Posted on :Thursday , 24th November 2016

 Africa is currently home to five of the fastest growing economies in the world. According to a global study, the continent's economy is forecast to grow to $2.6 trillion in 2020 from $1.6 trillion in 2008, fuelled by booms in mining, agriculture and development of ports, roads and other infrastructure. This rapid economic growth is what is creating substantial new business opportunities i. . .

Turkish Exporters Target Africa

Posted on :Wednesday , 23rd November 2016

 At a time when struggling Turkish exporters are looking for ways to diversify their target markets, Africa is poised to become the new frontier market for Turkish firms as they position themselves to become major stakeholders in the region’s rapidly growing industries.

Africa has recorded an annual growth rate of 5 percent over the last d. . .