CAPE TOWN: TANZANIA has continued to cement its position as a top investment destination in the mining sector, attracting international companies, investors, and diplomatic representatives at the 2026 Mining Indaba in Cape Town, South Africa.
At the meeting, Tanzania’s minister for Minerals, Anthony Mavunde, met with key stakeholders, including the World Bank, during side sessions and participated in the SADC Ministers of Mining meeting.
Speaking at the meeting, the Minister emphasised the government’s commitment to strengthening collaboration on in-depth geoscientific research, which will increase the availability of data and knowledge.
During the meeting, Australia signalled a strong interest in Tanzania’s mining sector as its Deputy Ambassador Christopher Ellinger stated that Tanzania is a top choice for Australian companies and expressed readiness to partner on mining projects.
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He also said that his country is ready to collaborate with Tanzania on developing mining projects through Australian companies and requested clarification on the Mining Regulations regarding the participation of Tanzanians in the sector, particularly in the provision of mine services.
Moreover, the World Bank also recognised Tanzania’s mining sector as a strategic hub for African investment, backing the government’s plans to expand exploration, research, and local value addition rather than exporting raw minerals.
According to information from the Ministry of Minerals, the move highlights the importance of the mining sector in Tanzania’s development plans and its relevance to international stakeholders.