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Tanzania eyes $11.7 billion annually from mineral processing boom

Photo by Jingming Pan @ Unsplash | Gold
Photo by Jingming Pan @ Unsplash
  • Reports say Tanzania could more than double earnings by processing minerals locally
  • Value addition strategy could boost GDP growth to as high as 15% and create 25,000 jobs

 

DAR ES SALAAM, TANZANIA – Tanzania could earn between $7.2 billion and $11.7 billion annually by processing its own minerals rather than exporting them raw, according to a new government-backed report.

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