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Call for Local Processing and Value Addition of Africa's Natural Resources

Latest Tanzania economy news · Call for Local Processing and Value Addition of Africa'… explained · updated Aug 19, 2026 · economy news · GDP · investment

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TLDR

  • Tanzania and the Democratic Republic of the Congo (DRC) have agreed to enhance their strategic partnership focusing on infrastructure, trade, mineral development, and regional security.
  • The agreement was made during talks between President Samia Suluhu Hassan and DRC President Félix Antoine Tshisekedi in Zanzibar.
  • A key focus is the development of multimodal transport infrastructure to connect Tanzania’s ports with DRC markets, as over 60% of transit cargo through Dar es Salaam is destined for the DRC.
  • Tanzania is implementing a multimodal transportation project that includes the port of Dar es Salaam, the expansion of the standard gauge railway, and improvements in road and maritime transport.
  • Four new vessels have been deployed on Lake Tanganyika to improve freight transportation, with four more under construction.

Latest news excerpts & sources: Call for Local Processing and Value Addition of Africa'…

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President Tshisekedi called on African countries to move away from exporting raw commodities and instead invest in local processing and value addition, as greater domestic processing of Africa’s natural resources was essential to supporting industrialization.

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