In Tanzania, the New Mara gold mine which is owned by CATA Mining will start operations between May and June, Minister of Energy and Minerals, Sospeter Muhongo, said.
“The work you are seeing has taken almost one year and we are well prepared to start production,”said Mahuza Mumangi Nyakirang'ani, CATA Mining’s director. $54 million have already been invested in the implementation of the project.
New Mara is located in Kataryo, a village of the Butiama District. It could the region’s second biggest gold mine after North Mara which is exploited by Acacia Mining, Tanzania’s leading gold producer.
More than 200 workers are currently employed at this mine, but this number should increase when operations start.
The head of project has asked government to help supply power to the mine so that money injected in diesel engine is invested in community development projects.
Louis-Nino KANSOUN
Amazon begins talks with Kenya on low-Earth orbit satellite broadband Kenya’s digital market ...
Senegal launches 200 billion CFA bond in UEMOA Proceeds to fund 2026 budget, transformation agend...
Algeria’s NESDA and the Algerian‑Saudi Investment Company sign cooperation deal focused on researc...
DRC seeks ITC support for local battery value chains Musompo SEZ targets $2 billion private ...
BOAD says sovereign bond purchases are liquidity management Member states accelerate borrow...
Verdant Capital structured a $5 million equity placement for Polysmart Packaging Group. The funds will expand food-grade recycled PET production...
The government collected CFA501.6 billion in tax revenue in 2025, 22.76% above target. Officials credit reforms and digitalization for the CFA93.12...
The government will tie university evaluations to graduate job placement and track alumni outcomes nationwide. Internships will become mandatory in...
Luxembourg has offered expertise in FinTech, cybersecurity and digital training as Senegal accelerates its tech agenda. Talks focused on...
Rwanda’s capital immediately impresses visitors with its striking cleanliness and orderly layout, qualities that frequently set it apart from other cities...
More than 500 media leaders gathered in Nairobi on Feb. 25–26 for the fourth African Media Festival under the theme “Resilient Stories: Reinventing...