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Tanzania, S. Korea signs US$2.5bilion deal
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
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
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
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 ...
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
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
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
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
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
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
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
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
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
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.
Air Tanzania aircraft may be seized over $100 million mining compensation claim
Australian-based exploration company Indiana Resources has threatened to attach one of Air Tanzania’s aircraft to force the Tanzanian government to pay nearly $100 million as compensation for a failed nickel project.
Air Tanzania plane seized in the Netherlands
Air Tanzania Company Limited plane has been seized in the Netherlands after a Swedish firm won a $165 million award against Tanzania due to revoked land title in the Bagamoyo sugar project.
Ghana, six others begin trade under AfCFTA
Ghana and six other countries have started trading goods and services under the African Continental Free Trade Area (AfCFTA).
Tanzanian farmers mobilize for agroecology, food sovereignty and pan-Africanism
On November 17-18, over 400 smallholder farmers gathered for the 27th annual meeting of MVIWATA or the National Network of Small-Scale Farmers Groups in Tanzania.
Montero Mining seeks CAD$ 90,000,000 in damages from the Tanzanian Government for expropriation of the Wigu Hill project
Montero Mining and Exploration Ltd. is seeking compensation of CAD$ 90 million from Tanzania over the expropriation of the Wigu Hill Rare Earth Element Project.
Civil society position on the East African Community (EAC)-European Union (EU) economic partnership agreement (EPA)
We the members of the East African Trade Network (EATN) call upon the Government of Tanzania and the East African Community (EAC) not to waver and be stampeded into signing the EPA.