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investing in africa

risks associated with Mining

Managing risks associated with Mining in Africa

Africa is a fertile, largely untapped continent with more third-world countries. As a result of having more third-world countries, potentials awaiting maximization, both in human and mineral resources, are readily available for both local and foreign investors who are interested. But this worthy profit-making investment opportunity is not without its risks. Reports in favor of …

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Gold Mining

Gold Mining in Uganda

Uganda is situated in the eastern part of Africa, they are blessed with mineral resources and one of which that is profound is gold and as a country, with fewer variation in the economic viewpoint, most of its citizens have dived into the mining of gold. Africa also called the mother continent, is blessed with …

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diamond mines in south africa

5 Alternatives to Diamond Mines in South Africa.

Diamond mines in South Africa have been around for more than 150 years. It has been a big part of South Africa’s economy; attracting investors Globally, propelling development, and being a base of employment in the country.  Although diamond mining has placed South Africa high on the investors’ attractive scale, South Africa, like other parts …

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AMENDMENTS TO TANZANIA GAMING ACT, CAP 41

The Finance Act of 2021 has been enacted and has made several amendments to the Gaming Act, Cap 41. These amendments include: The reduction of Gaming tax on winnings from 20% to 15% This amendment will certainly be well perceived by Gaming operators within the country. This is because, the tax on winnings in Tanzania, …

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Problems investors face when investing in Africa

Is investing in Africa a good choice? What are the problems investors face when investing in Africa? The Africa continent has been known over the years for its natural resources. There’s copper in the Democratic Republic of Congo, crude oil in Nigeria, diamonds in South Africa, cocoa, and even gold in Ghana. These natural resources …

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renewable energy in africa

Investing in renewable energy in Africa

Africa is a large continent not just by geographical demography, but also by population. This is because most African countries are communalistic in nature, hence the need to have a large society or community of people.  The bigger these societies, the bigger the number of people, and the bigger the consumption rate. It is this …

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Top 5 African countries to invest in 2021

Africa as a continent has a huge potential for future growth. Which makes it a favourable place for investment I.e If you plan on extending your business to this part of the continent.  The research gathered by the UN Conference on Trade and Development between the year 2006 and 2017 reveals that Africa has realised …

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WHY TANZANIA IS ONE OF THE BEST DESTINATIONS FOR INVESTMENT IN AFRICA.

INTRODUCTION The paradox of Africa is nothing new to world observers. A continent blessed with immense natural resources backed up with adequate human capital still struggles with underdevelopment and poverty due to its inability to utilize its optimum potential. However, the future of the African economy indicates hope due to the increasing acceptance of technology …

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mining in tanzania

THE MINING INDUSTRY IN TANZANIA

Tanzania like most other African countries is endowed with naturally occurring minerals. The Tanzanian mining sector is one of the biggest industries in the country and it makes a contribution of about 3% to the annual country’s GDP. However, the Tanzanian government plans to increase this contribution to at least 10% by 2025.  As at …

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Problems Militating Against Foreign Investments in Africa.

    Africa is undoubtedly a blessed country in terms of demography, the abundance of natural resources, population (labour force) and also climate. Apart from its already exploited oil deposits, its untapped natural resources such as gold, platinum, copper and diamond present an impressive and outstanding investment opportunity. Some opportunities also abound in its resources …

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gold mining in Tanzania

GOLD MINING IN TANZANIA: Before you invest

Gold mining in Tanzania is a big thing with Tanzania being the 4th largest producer of gold in Africa.   Gold mining is the resource extraction of gold by mining. Mining makes up about fifty percent of the country’s total export of which majority is accounted for from gold.    The country has reserves of …

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TOP 10 BUSINESS OPPORTUNITIES IN TANZANIA

    Business opportunities abound in Tanzania.  Tanzania, the beautiful East African country positions itself as a choice destination for investors and business persons alike.  Known primarily as a tourist destination owing to the natural phenomenon as Mount Kilimanjaro and the Zanzibar national park, Tanzania has evolved into a top investment hub growing in ranks …

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diamond mines in africa

Diamond Mines In Africa: All you need to know

Africa, home to some of the largest diamond mines in the world, began mining the precious stone in 1866 after it was first discovered in Kimberly, South Africa. On the continent are some of the world’s biggest diamond producing countries with historically important diamonds recorded to have been discovered there.  Top Five Diamond Mining Countries …

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renewable energy in Africa

10 REASONS INVESTING IN AFRICA’S RENEWABLE ENERGY SECTOR IS A NO BRAINER

As an investor, you lookout for the next best thing, the newest start-up, or the upcoming product to take the world by storm. It might interest you to know that one of the next big things in the world right now in the energy sector.  To clarify, the renewable energy sector, and in the continent …

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mining in Africa

Mining in Africa: Is it Worth the Investment?

The African continent, over the past few years, has been identified as largely untapped especially in the mining industry. In 2019, Ghana has rated the highest gold-producing country in Africa with the potential of exceeding its production in the coming years.  This is just one of the many successes recorded in the mining sector in …

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tanzania, flag, map

Trade and Investment Priorities of the Government of the United Republic of Tanzania in the next 5 years

Following the speech that H.E. John Pombe Magufuli, President of the United Republic of Tanzania, gave at the official opening of the 12th Parliament of the United Republic of Tanzania on November 13, 2020, he encouraged Foreign Investors to come and invest in Tanzania.  Here are the main points he made when it comes to …

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