Tanzanian mining sector to benefit from 30 billion shillings in EU funding
Dar es Salaam. Tanzania is one of four countries that will benefit from the 11 million euro (about 30 billion shillings) funding from the European Union which targets the mining sector.
The funding was directed to the 79 members of the Organization of African, Caribbean and Pacific States (OACPS), but only four members were selected.
The so-called OACPS-EU Development Minerals program aims to improve the mining environment and empower small-scale miners, especially young people and women in the sector, over a period of three years, from 2022 to 2024. The decision was announced by the OACPS Secretariat. headquartered in Brussels, Belgium.
In addition to Tanzania, the three other African, Caribbean and Pacific Community countries that have been selected for the second phase of the program are Burkina Faso, the Republic of Congo and Suriname. “Implementation of this program will encourage the mining industry in OACPS countries to make a significant contribution to increasing the mineral value chain, creating jobs and contributing to economic growth and development. in general,” the Ministry of Foreign Affairs and East African Cooperation said in a statement. statement.
The acquisition of beneficiary countries in the second phase of the program, which started its process in August last year, has been very competitive due to a large number of countries applying for inclusion in the program.
“The selection of Tanzania to benefit from this program is the result of the country’s enhanced influence within the OACPS community and the good work done by the government under the leadership of President Samia Suluhu Hassan, in strengthening cooperation with the community,” the ministry said. The program will be implemented in partnership between the United Nations Development Program (UNDP) and the Ministry of Mines under the aegis of the European Union.
“We hope that the inclusion of Tanzania in the implementation of this program will stimulate the growth of the mining sector and increase the knowledge and skills of small-scale miners, especially young people and women.
“The government, through the Ministry of Mines, is preparing to begin implementing the program and we urge stakeholders in the mining industry, especially small-scale miners, to take full advantage of the opportunities that will come from this program,” the ministry said.