Tanzania targets $11.7 billion revenue boost through mineral value addition
The chairman of the CEO Roundtable of Tanzania (CEOrt), David Tarimo, speaking during a discussion on the presentation of a report outlining recommendations on areas through which Tanzania can increase its national revenue (GDP) by leveraging value chains of mineral-based products, held at the Hyatt Regency Kilimanjaro Hotel in Dar es Salaam. PHOTO | COURTESY
Dar es Salaam. Tanzania could unlock up to $11.7 billion (Sh31 trillion) in additional annual revenue and create more than 25,000 new jobs by processing minerals locally instead of exporting them in raw form, a new study has revealed.
The findings were shared during a CEO Roundtable of Tanzania (CEOrt) dialogue held in Dar es Salaam on Tuesday, under the theme “Manufacturing Africa: minerals-to-manufacturing value chains.”
