CRDB Bank Unlocks TZS 50 Billion Loan for Small-Scale Gold Miners
A new financing framework lets miners pledge licenses and stored gold as collateral, with the Songwe Gold Family Group receiving the first payout.

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Welcome to Weekly Round-Up!
Every week we bring you the deals, policy shifts, and market moves shaping East Africa's fastest-growing economy.
This week: World Bank projects 6.2% GDP growth, M-Kopa raises $25M, and China commits to TAZARA...
A new financing framework lets miners pledge licenses and stored gold as collateral, with the Songwe Gold Family Group receiving the first payout.

The TZS 118.6 billion Kishapu facility, backed by France's AFD, connects to the national grid on March 1 with a 100 MW second phase in procurement.

Governor Tutuba says holdings reached 19.3 tonnes by mid-February, with strategic sales planned once the threshold is met.

The rating agency cites diversifying growth across manufacturing, mining, and tourism, with GDP expected to expand at 6% in 2026.

The ICT Commission introduces Silver, Gold, and Tanzanite labels to channel targeted support to more than 400 registered tech startups.

Bilateral meetings in Cape Town yielded partnership signals from Australian investors and World Bank endorsement of Tanzania's value-addition strategy.

The southern circuit expansion includes a new airport inside Nyerere National Park and 131 infrastructure units across four protected areas.

International visitor numbers rose 19.2% year-on-year, with European tourists accounting for nearly 70% of all arrivals.

The safety wear manufacturer's Dar es Salaam facility employs 200 workers and targets 1,000 direct jobs as production scales.

Transaction volumes grew 68% over the same period as mobile wallets now connect to 72% of all active SIM cards in the country.
