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Tanzania

Montero agrees to US$27 million settlement from Tanzania
21-Nov-2024 Montero Mining
Montero has agreed to a US$27,000,000 settlement amount to end its dispute with the United Republic of Tanzania
Second instalment of US$25 million received from Tanzania
29-Oct-2024 Indiana Resources
Indiana Resources Limited (ASX: IDA) is pleased to confirm that US$25million in funds have been received by the Claimants’ legal representatives from the United Republic of Tanzania as the second instalment of the US$90 million Settlement
Tanzania faces $500 Million investment dispute from Aqua Power
30-Sep-2024 Media Wire Express
In its claim, Aqua Power is demanding $500 million for lost business revenue over the past four years and for the value of its current projects within Tanzania.
‘Expropriation threat’: Tanzania hit by $1.2 billion damages claim in bitter gas field dispute
9-Aug-2024 Upstream
Toronto-listed Orca Energy has hit Tanzania’s government with a US$1.2 billion claim
Tanzania agrees to pay Indiana Resources Sh. 237 Billion over ICSID disputes
29-Jul-2024 The Chanzo
Tanzania and an Australian-based company Indiana Resources Limited have settled for USD 90 million.
Indonesia, Tanzania discuss revival of global south solidarity
22-Jul-2024 Tempo.co
Indonesia is interested in exploring the establishment of a preferential trade agreement and a bilateral investment treaty with Tanzania.
Tanzania, S. Korea signs US$2.5bilion deal
3-Jun-2024 Daily News
Tanzania will engage in discussions leading to an Economic Partnership Agreement with Korea.
Tanzania’s attempt to strike out Indiana’s compensation fails to score
12-Feb-2024 Stockhead
Indiana Resources is closer to recovering its historical sunk investment for the unlawful expropriation of the Ntaka Hill nickel sulphide project after the ICSID struck out most of Tanzania’s grounds for requesting the annulment of the award.
How Uganda AGOA ban impacts East Africa investments
10-Jan-2024 The East African
The decision by the Biden administration to kick out Uganda from its African Growth and Opportunity Act (Agoa) programme could have far-reaching consequences on the investment climate in the East African region.
Tanzania signs Samoa agreement
9-Jan-2024 Daily News
TANZANIA government has signed new partnership agreement with the Organisation of African, Caribbean and Pacific States (OACPS) and the European Union (EU) with its member states.
Tanzania commits to pay Indiana Resources $118 million if ...
29-Dec-2023 The Citizen
Tanzania has made a commitment to pay Australian mining firm Indiana Resources Limited and its subsidiaries $118 million if the country loses in the final decision of the annulment application.
Comoros, Tanzania and Uganda gear up for African Continental Free Trade Area (AfCFTA) implementation with Economic Commission for Africa’s support
24-Nov-2023 Zawya
A series of trainings were organized by the Economic Commission for Africa (ECA) in collaboration with the governments of Comoros, Tanzania, and Uganda to strengthen the capacity of public and private sector stakeholders to implement the African Continental Free Trade Area (AfCFTA) Agreement effectively.
Winshear Gold moves on from Tanzania project, takes $30 million settlement
26-Oct-2023 Mining.com
Canadian gold explorer Winshear Gold (TSXV: WINS) has ended a longstanding dispute with the Tanzanian government in regards to the company’s licences for the SMP project.
Another Canadian mining company claims compensation against Tanzania
6-Oct-2023 The Citizen
Another Canadian mining company, Montero Mining & Exploration has confirmed a date for the hearing of an investment dispute where it is claiming a Sh168 billion (C$90m) compensation against the United Republic of Tanzania.
Tanzania, Canada firm in ‘conditional’ deal over $96m gold suit
28-Sep-2023 The East African
Canadian firm Winshear Gold Corp has announced the suspension of its multimillion-dollar arbitration proceedings against Tanzania over a mining license dispute dating back to 2018, saying it had reached a “conditional settlement agreement” with Dodoma.
Winshear Gold provides update on Tanzania arbitration
22-Sep-2023 Junior Mining Network
Winshear Gold Corp. reports that pursuant to the company’s arbitration case against the Republic of Tanzania, the company and Tanzania have suspended arbitration proceedings and have reached a conditional settlement agreement.
Indonesia pledges more investments in Tanzania
11-Sep-2023 AllAfrica
Indonesia has pledged to increase investments in Tanzania, including in management of the Mnazi Bay gas block by its state-owned company.
Korea pushing to sign free trade pacts with 7 emerging nations
25-Aug-2023 Korea Times
Korea is pushing to sign a bilateral Economic Partnership Agreement (EPA) with Kenya, Tanzania, Morocco, Thailand, Pakistan, Serbia, and the Dominican Republic, and held a public hearing session in Seoul.
Australian firm wins $109m compensation against Tanzania
20-Jul-2023 The East African
The International Centre for Settlement of Investment Disputes has ordered Tanzania to pay more than $109 million to a group of companies fronted by Australian miner Indiana Resources Ltd in compensation for the controversial 2018 expropriation of a nickel mine project in Tanzania.
Air Tanzania plane seized in the Netherlands released, returns home
11-Jul-2023 The Citizen
Air Tanzania Company Limited (ATCL) plane that was seized in the Netherlands after a Swedish firm won a $165 million award against Tanzania has been released, says the government.