Tanzania Facts

 

Full Country Name United Republic of Tanzania
Area 945,090 sq km
Population 41,270,820
Capital City Dodoma
People 99% native African (over 100 tribes), 1% Asian, European and Arabic
Languages Swahili, English, indigenous
Religion 40% Christian, 33% Muslim, 20% indigenous beliefs
Government Republic (multi-party state)
President Jakaya Mrisho Kikwete
GDP US$7 billion
GDP per head US$220
Inflation 40%
Major Industries Tobacco, sugar, sisal, diamond and gold mining, oil refining, cement, tourism
Major trading partners India, Germany, Japan, Malaysia, Rwanda, the Netherlands, South Africa, Kenya, U.K., Saudi Arabia, China

 

Investment procedure

  • Investor write a Letter of Intent (LOI) describing specific minerals rights from Tanzania he/ she would like to explore, nature of the operation whether JV/ Buy out
  • Hill Brokes will confirm the LOI and prepare the Mineral rights as per requested by the Investor
  • The investor and Hill Brokes will execute the MOU for the governing the Investment and the operation begins.

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