Tanzania's mining revenues surge as state eyes greater share
Surging gold prices and interest in the country's critical minerals reserves are driving a renewed focus on Tanzanian mining, writes Lennox Yieke.
Tanzania's mining sector experienced strong growth in 2025, with its contribution to the country's GDP rising to 10.3% from 7.8% the previous year, according to Africa Business. This surge in growth can be attributed to favorable commodity prices and increased production at key mines, leading to a significant increase in mineral export earnings.
The country's mineral exports reached $5.4bn last year, up 31% from $4.4bn in 2024, and minerals now account for 52% of total export earnings, surpassing tourism as the leading source of foreign exchange. The mining industry has become a crucial source of government revenue, with mining-related taxes, royalties, and levies rising sharply from 624.6bn shillings ($237m) in 2021/22 to an estimated 1.4 trillion shillings ($530m) in 2025.
Brief written by urgent.news from Africa Business's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
