Tanzania’s extractive sector faces mixed prospects

Significance

Renewed momentum for these projects is being viewed positively by investors, many of whom are still struggling with the slow bureaucracy and resource nationalism of President John Magufuli’s administration.

Impacts

• With decision-making ever-more centralised, the president’s approval (and attention) will be critical to the success of new projects.
• Reportedly advanced special mining license talks with Peak Resources and OreCorp will be watched for further signs of government intent.
• Movement on the Uganda-Tanzania oil pipeline will open up an array of opportunities for subsidiary service providers.