Tanzania to host mining and investment forum in October

Xinhua
23 May 2023, 22:14 GMT+10

DAR ES SALAAM, May 23 (Xinhua) -- Tanzania is set to host the Mining and Investment Forum 2023 in the port city of Dar es Salaam from Oct. 25-26, an official announced Tuesday.

"Tanzania is the gateway to east Africa's critical minerals investment opportunity," Doto Biteko, the minister for Minerals, told a news conference in Dar es Salaam, the economic hub of Tanzania.

He said this year's forum will have a strong focus on global mining investments, including new projects and partnerships, technologies, regulations, and financing. And the country's favorable investment climate, coupled with its abundance of natural resources, makes it an attractive destination for investment.

The official highlighted the unparalleled opportunities Tanzania has to offer in its mining sector.

"We look forward to making groundbreaking announcements, hosting bilateral and investor meetings, showcasing project development opportunities, and working with our national and global partners to unlock the full potential of Tanzania's mining sector," said Biteko.

A statement issued after the press conference said Tanzania is rich in critical mineral deposits, which are essential components in the manufacturing of electric vehicles, renewable energy infrastructure, and other clean technologies. It also said that the Tanzanian government has established a framework to promote responsible and sustainable mining practices, including the implementation of environmental and social safeguards, as well as the establishment of a regulatory framework to ensure compliance with international best practices.

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to International Technology.

More Information

null in null

Computers

Section

Huawei eyes new buyers for AI chips amid U.S. export curbs

SHENZHEN, China: As global chip competition intensifies, Huawei Technologies is exploring new markets in the Middle East and Southeast...

Musk’s X loses CEO Linda Yaccarino amid AI backlash, ad woes

BASTROP, Texas: In a surprising turn at Elon Musk's X platform, CEO Linda Yaccarino announced she is stepping down, just months after...

Union Minister Sonowal envisions BIMSTEC Maritime Transport pact as blueprint to transform Bay of Bengal for tourism

Vishakhapatnam (Kerala) [India], July 14 (ANI): The Union Minister of Ports, Shipping and Waterways (MoPSW), Sarbananda Sonowal inaugurated...

World Insights: China, Egypt deepen cooperation for shared growth

Egypt-China cooperation helps elevate both nations and offers a stronger voice for the Global South, said Egypt expert Salah El-Din...

At the gateway to China's resistance, memories of war echo 88 years on

by Yu Xiaohua, Zhu Xibing BEIJING, July 13 (Xinhua) -- Some 20 kilometers southwest of Tian'anmen Square in Beijing, among the skyscrapers,...

Maharashtra: 71 libraries with free books, Wi-Fi set up by Gadchiroli police in Naxal-affected villages

By Saurabh Joshi Gadchiroli (Maharashtra) [India], July 12 (ANI): The Gadchiroli Police have set up 71 libraries across the district...

Internet

Section

"Neither I nor my office was consulted": Karnataka CM Siddaramaiah over inauguration date of Kalasavalli-Ambargondlu Bridge

Bengaluru (Karnataka) [India], July 14 (ANI): Karnataka Chief Minister Siddaramaiah on Monday said that neither he nor his office was...