Strengthening Cooperation in Mining Sector between Tanzania and DRC

TLDR

• Tanzania and the Democratic Republic of Congo (DRC) have agreed to strengthen strategic ties in various sectors, including mining.
• President Samia Suluhu Hassan emphasized the importance of improving transport links, boosting trade and investment, and enhancing cooperation in infrastructure development during talks with DRC President Felix Antoine.
• Trade between Tanzania and the DRC reached 794 billion Tanzanian Shillings last year, with the Port of Dar es Salaam serving as a key gateway for DRC-bound cargo.
• The two countries plan to implement the Multimodal Transportation Project to integrate various transport services and reduce costs and time for transporting goods.
• In the mining sector, they agreed to enhance cooperation in exchanging expertise, technology, and knowledge on mineral extraction and value addition.